More than 21.5 crore HDFC Bank shares were traded across NSE and BSE on 25 November — nearly 8.6 times its 20-day moving average volume.
Seven stocks will be added to the MSCI India index, while only one stock will be excluded in the August reshuffle.
PB Fintech is expected to see maximum inflows due to the MSCI inclusion, followed by Sundaram Finance, Canara Bank and Thermax. In contrast, Paytm is expected to see some outflows due to the exclusion.
MSCI will announce the results of its semi-annual index review on November 11 and adjustments will take place on November 30.
According to Ashwani Gujral of ashwanigujral.com, one can buy Hindalco Industries, Vedanta, Tata Steel and DLF on dips while he feels that Infosys may head to Rs 1060.