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.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking