How to trade HDFC Bank shares after new CEO appointment? Technical indicators still signal weakness
60-Word AI Digest
HDFC Bank shares remain under pressure despite a relief rally following the appointment of Anup Bagchi as CEO. Technical analysts see resistance around Rs 755–760, while support lies at Rs 685–680. The stock has fallen 28% in 2026, underperforming the Nifty 50, which is down 14% this year.
Key Takeaways
- HDFC Bank shares remain under pressure despite a relief rally following the appointment of Anup Bagchi as CEO.
- Technical analysts see resistance around Rs 755–760, while support lies at Rs 685–680.
- The stock has fallen 28% in 2026, underperforming the Nifty 50, which is down 14% this year.
HDFC Bank shares remain under pressure despite a relief rally following the appointment of Anup Bagchi as CEO. Technical analysts see resistance around Rs 755–760, while support lies at Rs 685–680. The stock has fallen 28% in 2026, underperforming the Nifty 50, which is down 14% this year.
Original Publisher Attribution
This summary was curated from Economic Times.