HDFC Bank weighting in Nifty 50 shrinks to 9.81%
HDFC Bank Ltd.’s NSE Nifty 50 Index weighting has shrunk to 9.81%, leaving it narrowly ahead of rival ICICI amid a leadership upheaval and governance concerns that have deepened a selloff.
HDFC Bank Ltd. is barely holding on to its position as the most influential stock on India’s equity benchmark as a leadership upheaval and governance concerns deepen a selloff.The country’s most-valuable lender’s weighting in the NSE Nifty 50 Index has shrunk to 9.81%, narrowly ahead of rival ICICI…