HDFC Bank's 3% decline triggers 750-point fall in Nifty Bank
Shortpedia
Content Team
Image Credit: economic times
A 3% drop in HDFC Bank's shares, along with a sell-off in other banking stocks, has led to a decline in Nifty Bank. The banking index fell about 750 points or 1.6% to trade at 45,310.35. All index stocks, except ICICI Bank, are trading in the red. The selling in banking stocks has also put pressure on benchmark indices Nifty 50 and Sensex, dragging them down by nearly 1.7%.
