Shares of HDFC Bank witnessed a 1.64% rise on November 5, 2024, with the stock trading at ₹1,742.15, up by ₹28.05 from the previous close of ₹1,714.10. This positive movement in share price contributed to an increase in the bank’s market capitalization, adding approximately ₹7,318 crore to bring the total market cap to ₹13,31,279.17 crore.
Stock Performance: HDFC Bank shares opened at ₹1,703.00 and touched a high of ₹1,744.35, while the low for the day was recorded at ₹1,697.90. The surge reflects positive investor sentiment and a robust trading volume of 118.60 lakh shares.
Market Cap Impact: The share price increase of ₹28.05 led to a market cap gain of around ₹7,318 crore, highlighting strong interest from investors in the banking sector amid recent market trends.
The bank’s performance also aligns with ongoing positive developments in the sector, and this latest gain strengthens HDFC Bank’s position in the market.
