HDFC Bank, HDFC Shares Tank Up To 6% After MSCI Tweak. What Should Investors Do?

Shares of HDFC Bank Ltd and HDFC Ltd plunged up to 6 per cent in Friday's trade amid a report suggesting the merged HDFC entity could see $150-200 million in outflows, as the index aggregator MSCI said it will use an adjustment factor of 0.50 to compute HDFC merged company weightage. Here's what technical charts suggest for these 2 stocks.