
HDFC Bank, one of India’s largest private sector banks, witnessed a notable decline in its market capitalization during trading today. As of 2:03 PM, the stock was trading at ₹1,730.25, down ₹22.40 or 1.28% from the previous close. This resulted in a market cap loss of approximately ₹17,114 crore.
The bank’s total market cap now stands at ₹13,19,946.20 crore. The decline reflects ongoing pressures within the financial sector as broader market sentiment remains cautious. HDFC Bank, being a market leader, often mirrors broader market trends, and today’s decline highlights investor concerns in the current economic environment.
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