VERIFIEDEconomic Times News·5 Oct 2026positive

HDFC Bank shares rise 2% after appointing Anup Bagchi as new CEO, Q2 biz update. Buy, sell or hold?

AI Summary

·HDFC Bank shares increased by 2% following the appointment of Anup Bagchi as the new MD & CEO.
·The bank reported strong loan and deposit growth in its Q2 business update.
·Brokerages Jefferies, Morgan Stanley, and Citi maintained positive ratings on the stock.