Shares of were trading marginally higher on Monday morning, with the stock up 0.23 per cent at ₹728.60 as of 11.05 AM on the . The stock opened at ₹732.50, touched a session high of ₹734.40, and a low of ₹729.00 against a previous close of ₹726.95.
The trading session comes days after HDFC Bank disclosed a significant overseas fundraise. On August 20, the bank’s GIFT City Branch completed the issuance of $1,750 million in Senior Unsecured Fixed Rate Notes under the 144A/Regulation S format. The issuance was split into a $500 million tranche with a 3-year tenor carrying a coupon of 5.159 per cent and a $1,250 million tranche with a 5-year tenor at 5.401 per cent, both settling on August 26, 2026. The bonds are rated Baa3/BBB (Stable) by Moody’s and S&P, and are to be listed on India INX and NSE-IX.
Despite Monday’s mild uptick, HDFC Bank has underperformed significantly over the longer term. The stock is down nearly 26 per cent year-to-date and around 25.75 per cent over the past year, sharply trailing the Nifty 50, which is down roughly 2.44 per cent over the same period. The 52-week high stands at ₹1,020.50 (touched in October 2025), while the 52-week low of ₹715.10 was hit just last week on August 19. The stock currently trades at a P/E of 14.18 with a market capitalisation of approximately ₹11.23 lakh crore.
Sell-side pressure remains visible in Monday’s session, with 68.54 per cent of traded quantity on the sell side versus 31.46 per cent on the buy side.
The broader banking index, , is trading above 57,800, with immediate resistance at 58,000–58,200 and support at 57,500–57,400.