HDFC-HDFC Financial institution merger may result in Nifty 50 churn of Rs 48k cr: Brokerage

Market gamers search readability from exchanges on exclusion rule

HDFC | HDFC Financial institution | nifty 50

Sami Modak |

The upcoming merger between Housing Improvement Finance Company (HDFC) and HDFC Financial institution may result in a churn of round Rs 48,000 crore within the benchmark Nifty 50 index. Presently, each the monetary sector giants are closely weighted within the 50-share index.

To learn the total story, subscribe now for simply Rs 249 per 30 days.


What do you get on Enterprise Normal Premium?


Pricey reader,

Enterprise Normal has all the time labored onerous to offer up to date data and commentary on occasions which can be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on methods to enhance our providing has additional strengthened our resolve and dedication to those beliefs. Even throughout these troublesome occasions arising out of COVID-19, we’re dedicated to maintaining you knowledgeable and up to date with related information, authoritative views and sharp feedback on related related points.
Nonetheless, we’ve a request.

As we grapple with the financial impression of the pandemic, we want your help much more in order that we are able to proceed to offer you extra high quality content material. Our subscription mannequin has acquired an encouraging response from lots of you who’ve subscribed to our on-line content material. Subscribing to extra of our on-line content material can solely assist us obtain our objectives of offering you with higher and extra related content material. We imagine in impartial, unbiased and credible journalism. Your help via extra subscriptions may help us observe the journalism we’re dedicated to.

help high quality journalism and Subscribe to Enterprise Normal,

digital editor

First revealed: Wed, 10 August 2022. 20:14 IST

Supply hyperlink

Related Posts