shares rose 0.84 per cent to ₹710.85 on the as of 12.18 pm on Tuesday, building on Monday’s close of ₹704.90. The stock opened at ₹707.00, hit an intraday high of ₹716.50 and a low of ₹705.10. Despite the gains, selling pressure remained dominant, with 72.76 per cent of traded volume — 20,45,284 units — on the sell side, against just 27.24 per cent on the buy side.
Traded volume stood at 98.08 lakh units, with a traded value of ₹698.82 crore. Market capitalisation rose to ₹10,95,799.71 crore. The adjusted P/E stood at 13.56.
The broader banking index, Bank Nifty, hovered near 54,918, with analysts flagging 55,500 as the immediate resistance level. A sustained move above this would open the way toward 55,900–56,500. Key support sits at 54,380–54,650 in the near term, with a deeper floor at 53,500–54,000.
The stock’s year-to-date loss stands at 28.30 per cent, still sharply below its 52-week high of ₹1,020.50 touched on October 23, 2025. The 52-week low of ₹681.90, recorded on September 11, 2026, remains the key downside reference.
With Q2FY27 results due Saturday, October 17, investor focus is firmly on credit growth, net interest margins and management commentary on deposit costs and asset quality, given the ongoing rate-tightening cycle.
