Updated
Updated · MarketWatch · May 11HDFC Bank Slides 2.13% to 764.55 Rupees as BSE Sensex Falls 1.70%
13 articles · Updated · MarketWatch · May 11
- HDFC Bank shares fell 2.13% to 764.55 rupees on Monday, lagging a broader Indian market selloff.
- The BSE Sensex dropped 1.70% to 76,015.28 in what the report described as an all-around rough trading session, pressuring the stock.
- HDFC Bank closed 25.07% below its 52-week high of 1,020.35 rupees reached on October 23.
- Trading volume reached 3.2 million shares, above the stock's 50-day average of 2.5 million.
With its chairman gone over 'unethical practices,' can HDFC Bank's strong profits prevent a much deeper market slide? As foreign funds flee and oil prices surge, can India's domestic investors truly save the market from collapse? Is the global capital shift to AI economies signaling a permanent decline for emerging markets like India?