VERIFIEDET Stocks·24 Jul 2026negative

HDFC Bank, 3 other bank stocks wipe out Rs 1.5 lakh crore of investors' wealth after Q1. Time to buy the dip?

AI Summary

·HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Yes Bank have collectively lost over Rs 1.5 lakh crore in market value this week.
·The decline in share prices is attributed to their June-quarter earnings reports.
·Brokerages suggest that the recent correction has made the valuations of these bank stocks more appealing.