Shares of HDFC Bank fell for a fourth consecutive session, losing about 10 % over four days, as investor caution grew. The slide follows the recent resignation of the bank’s part‑time chairman and ongoing market pressures linked to global uncertainties.
Adding to the concerns, HSBC lowered its 12‑month price target for the bank from ₹1,070 to ₹990, citing valuation compression risks, though it maintained a ‘Buy’ rating.
Experts say the stock’s performance in upcoming quarters will be crucial for restoring investor confidence and stabilizing the market sentiment around India’s largest private lender.