Significance of Nifty 50 Membership
As one of the largest and most influential stocks within the Nifty 50 index, HDFC Bank Ltd. holds a pivotal role in shaping market sentiment and index performance. Its inclusion in this benchmark index not only underscores its stature as a market leader but also ensures substantial institutional interest, including mutual funds, pension funds, and foreign portfolio investors who track or replicate the index. This membership typically provides a degree of liquidity and stability, as index funds and ETFs maintain exposure to the stock.
However, the bank’s recent share price trajectory has diverged from the broader index trends. Over the past week, HDFC Bank’s stock has declined by 2.55%, c...
Read full news article












