HDFC Bank shares fell nearly 9% after the resignation of Chairman Atanu Chakraborty triggered leadership concerns. Mutual funds held 359 crore shares worth Rs 3.19 lakh crore before the fall, with SBI Mutual Fund leading exposure. The data highlights significant institutional holding in the stock despite recent volatility.
Dollar near two-month trough as US inflation data awaited
The US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and sterling gained strength, while the