HDFCBANK

Closed at ₹755.80 — down ₹8.65 (1.13%) on the day. The stock traded in a narrow range between ₹754.40 and ₹759.70, with no meaningful recovery attempt through the session. HDFCBANK featured among today's top Nifty losers, dragged down alongside the broader banking pack as sector sentiment weakened. Why the pressure: Continued FII outflows, a weakening rupee, and a risk-off environment across PSU and private banking names kept buyers at bay. No stock-specific negative trigger — this is pure macro overhang. Bigger picture: The stock is down over 19% from its 52-week high of ₹1,020.50, and has now retraced a significant portion of its April recovery. The ₹726 zone remains the last major support from a yearly standpoint. Level to watch: ₹750 is the immediate floor. A close below that could open the door to ₹726–730. Resistance sits at ₹790–800. At current valuations — PE of 16x with a 1.98% dividend yield — the fundamentals have not deteriorated. Q4 FY26 advances grew 12% YoY and deposits rose nearly 13% — the business is sound. This is a market problem, not an HDFC Bank problem.