VERIFIEDET Markets·5 Oct 2026negative

How to trade HDFC Bank shares after new CEO appointment? Technical indicators still signal weakness

AI Summary

·HDFC Bank shares are under pressure following the appointment of Anup Bagchi as CEO.
·Technical analysts identify resistance at Rs 755–760 and support at Rs 685–680.
·The stock has declined 28% in 2026, underperforming the Nifty 50's 14% drop.