Gap-Up Fades as IT and HDFC Bank Drag Nifty to Near-Flat; Crude, Rupee Weigh
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4 Articles
Market Updates: The Indian market opened strongly on Monday due to improving global sentiment, with the Nifty rising to 22,621.80 points during trading. However, pressure intensified thereafter, and the index slipped below 22,400.
HDFC Bank, YES Bank, AU SFB: Bank stocks jump; Bank Nifty up over 1% - Q2 business updates, share price rally explained
Nifty Bank jumped 1.4% in morning trade to an intraday high of 55,192.65, with HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, YES Bank, and AU Small Finance Bank among top gainers. Some of them, however, slipped into the red as the day progressed due to profit booking.
HDFC Bank Shares Fall After Early Rally
Hyderabad, Oct. 5 (Maxim News): HDFC Bank shares reversed their early gains on Monday as investors weighed the appointment of Anup Bagchi as the bank’s next managing director and chief executive officer against the lender’s operational challenges. Here To Join Us On WhatsApp The stock opened 1.67% higher at ₹733.25 on the BSE but later […] The post HDFC Bank Shares Fall After Early Rally first appeared on INDToday.
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