HDFC Bank’s US-listed shares dipped further following the former chairman’s sudden resignation, citing ethical concerns. Despite management’s reassurances and a lack of specific details, investors remain cautious. Analysts, however, see the stock correction as a potential buying opportunity, emphasizing the bank’s strong fundamentals and leadership continuity over perceived tactical differences.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while