The stock has given returns of more than 10% over a 12-month period and outperformed the Nifty50 which has returned 0.3% during this period according to Trendlyne data. HDFC Bank’s returns have also been a notch better than the Nifty Bank and Nifty Private Bank indices.
US market remains tied to tech stocks despite sharp AI sell-off
The US stock market is currently experiencing a significant pullback in technology and AI-related stocks. Investors are concerned that Democratic victories in the midterm elections