HDFC BANK-HDFC Merger: MSCI To Include HDFC Bank In Large Cap Index, With Adjustment Factor 0.5 Time

In its latest announcement to clients, Morgan Stanley Capital International (MSCI) – index provider – has decided to keep the price adjustment factor at 0.5 times as against market expectations of 1 time. Morgan Stanley Capital International (MSCI) is doing so to avoid excessive volatility.