Axis Securities has issued a BUY call on HDFC Bank in its Axis PUNCH series, setting a three-to-six-month target of Rs 785 against a current price of Rs 715 — about 10 percent of upside.
Indian markets witnessed sustained buying in today's session. US and UK stock markets were closed today due to holiday and mainly Asian stocks were trading.
HDFC Bank, Hindalco Industries, Petronet LNG, Adani Ports were among losers on Friday. HDFC Bank could see further downside due to resignation of Atanu Chakraborty.
Geojit Investments has reaffirmed its HOLD rating on HDFC Bank Limited, citing resilient earnings momentum, improving asset quality, and disciplined cost management, while flagging concerns around