 "HDFC bank")
Shares of banking giants HDFC Bank and mortgage lender Housing Development Corporation Limited (HDFC Ltd) traded lower for a second straight day, down up to 4 per cent in Wednesday's intra-day trade, on profit booking.
The stocks of HDFC Group companies have fallen up to 11 per cent from their respective Monday's intra-day highs, erasing most of their gains recorded after the bank's and mortagage lender's merger announcement. On April 4, shares of HDFC had zoomed 16 per cent to Rs 2,855.35, while HDFC Bank had surged 14 per cent
The stocks of HDFC Group companies have fallen up to 11 per cent from their respective Monday's intra-day highs, erasing most of their gains recorded after the bank's and mortagage lender's merger announcement. On April 4, shares of HDFC had zoomed 16 per cent to Rs 2,855.35, while HDFC Bank had surged 14 per cent
