Macquarie Capital rates HDFC Bank a ‘buy’, sees this potential near-term trigger
Suresh Ganapathy, a banking analyst at Macquarie Capital Securities, has a ‘buy’ recommendation on HDFC Bank. He sees a potential near-term trigger: its possible inclusion in the MSCI index in August. The Street will eagerly await the release of the shareholding pattern as of June 30, Ganapathy noted. The MSCI inclusion, he believes, could potentially …