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.
Bajaj Auto shares rise 3% after August sales jump 28% YoY
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the