HDFC Bank is set to increase its weight in MSCI indices due to a rise in foreign portfolio investor (FPI) headroom, now at 24.97%, above the 20% threshold. Analysts predict that the November review could lead to over $1.8 billion in passive inflows, approximately 5.5 times the bank's average daily volume. Despite a 2% decline this year, recent strong deposit growth has exceeded expectations. Macquarie maintains a "buy" rating with a target price of Rs 1,900, although shares fell 1.5% to Rs 1,657 recently.