PRE MARKET--> HDFCBANK CEO+FII SELLING+ GOLD AND MANY THINGS
Crude oil has started slightly higher, while US markets ended Friday with a mild decline. But the biggest domestic headline remains HDFC Bank CEO Sashidhar Jagdishan's decision to step down on October 26.
Jagdishan will not seek reappointment, and the bank has fast-tracked the search for his successor. The development comes after months of leadership and governance concerns around the lender.
##FIIs Booked Heavy Profits
Institutional Activity — 28 August 2026
• FII Cash Market: -₹5,039.80 Cr
• DII Cash Market: +₹5,183.93 Cr
• FII Index Futures: -₹774.13 Cr
• FII Index Options: +₹298.58 Cr
• FII Stock Futures: +₹148.46 Cr
• FII Stock Options: +₹100.96 Cr
##HDFC Bank Will Be the Big Focus
The CEO exit is likely to keep HDFC Bank at the centre of Monday's trading.
Reuters reports that Deputy MD Kaizad Bharucha and an external candidate are among the possibilities being considered.
@@US Markets: Mildly Negative
Friday's US session ended slightly lower after Fed Chair Kevin Warsh's hawkish inflation comments.
• Dow: -0.02%
• S&P 500: -0.25%
• Nasdaq: -0.52%
Higher bond yields and increased expectations of a September rate hike weighed on equities.
$$Gold Takes a Sharp Correction
Gold also had a major correction over the weekend.
Gold fell around 3.2%, while silver dropped more than 4%, after the hawkish Fed outlook pushed bond yields and rate-hike expectations higher.
This could keep gold-linked stocks in focus:

















