HDFC Bank shares fell after chairman Atanu Chakraborty’s sudden exit, wiping out significant market value. However, analysts largely see the drop as a buying opportunity, with valuations entering a “deep value” zone. While a slight governance discount may emerge, most experts do not view the resignation as a fundamental concern and remain confident in the bank’s strong track record.
US Stock Market: Meta raises $25 billion via bond sale to fund AI expansion
Meta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure. This significant debt issuance follows a substantial