Virat Jagad, technical analyst at Bonanza says HDFC Bank displays a positive price action, with key momentum oscillators favourably placed. The analyst expects the stock to target ₹880 levels.
Buying interest extended to broader markets as well, with the Nifty Midcap 100 and Nifty Smallcap 100 indices settled higher by 0.45 per cent and 0.75 per cent, respectively
HDFC Bank's business momentum remained steady, with sequential advances and deposits continuing to register healthy growth, said ICICI Securities in a note.
Stocks to watch today: HDFC Bank, Coal India, Tata Steel, Sobha Ltd, Bank of Baroda, Radico Khaitan, Senco Gold, Fortis Healthcare, IndusInd Bank, Dabur, among others, will be in focus today.
Healthy credit growth and treasury gains are expected to lift banks' Q1FY27 profits, while asset quality remains stable despite concerns over the West Asia conflict
India's largest private lender reports gross advances of Rs 30.61 trillion and deposits of Rs 31.71 trillion at June-end, while CASA deposits decline sequentially
HDFC Bank is banking on former Finance Secretary Rajiv Kumar's appointment as chairman to restore investor confidence after Atanu Chakraborty's sudden resignation
Banks expect the RBI's FCNR(B) deposit scheme to attract major inflows from the Gulf, Singapore and Hong Kong, with mobilisation expected to accelerate in August
While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.
Kotak Institutional Equities said that the recent management changes at HDFC Bank, Axis Bank and Bandhan Bank appear to be driven by individual career considerations rather than bank-specific concerns
Stocks to Watch today, June 30, 2026: Tech Mahindra, Axis Bank, Godrej Properties, RITES, SIS, Jagsonpal Pharma, and Sterling and Wilson Renewable Energy are top stocks to remain in focus
The board also approved the appointment of Rajiv Kumar as an Additional Director (Independent Director) for a four-year term starting June 30, 2026
Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade
MD & CEO Sashidhar Jagdishan's tenure ends this October
Atanu Chakraborty didn't participate in the review, ignoring requests from the external law firms
Ban stocks are in the spotlight today as the RBI allowed domestic lenders to extend loans to non-residents against foreign currency deposits, including via their offshore branches.
RBI has approved the extension of Keki Mistry's tenure as interim part-time chairman of HDFC Bank until September 18, 2026, or until a regular chairman is appointed
India's largest private-sector lender tapped offshore markets through its GIFT City IFSC unit, issuing senior unsecured bonds carrying a 5.067 per cent coupon
Stock to Watch today, June 17: Bharat Forge, Samhi Hotels, NHPC, Krishna Institute of Medical Sciences (KIMS), Bank of Maharashtra, and Sula Vineyards are among the top stocks to watch today
In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.