HDFC Bank saw a significant boost in market capitalization during Thursday’s trading session, adding approximately ₹23,591 crore to its total value. The bank’s shares rose by 1.74%, from ₹1,735.80 in the previous close to ₹1,766.00 on the NSE. This price increase brings the total market cap of HDFC Bank to ₹13,47,671.76 crore.
Stock performance details:
- Opening price: ₹1,738.10
- High price: ₹1,766.30
- Low price: ₹1,738.10
- Total market cap: ₹13,47,671.76 crore
Market outlook
HDFC Bank’s rise is backed by strong trading volumes, with over 70 lakh shares exchanging hands by the mid-morning session. The bank continues to be a top performer in the private banking sector, driven by strong fundamentals and investor confidence.
This increase in market capitalization reflects the positive sentiment surrounding the banking giant, which remains a crucial player in India’s financial sector.
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