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HDFC Bank gains

April 26, 2010

HDFC Bank, India’s No 2 private sector lender surged on Monday after it
reported on Saturday that quarterly profit had risen by a third.

HDFC Bank rose as much as 2.8 percent, racing to an all-time high of
1,997.85 rupees, before closing 2.3 percent higher at 1990 rupees.

The BSE Banking Index ended 0.5 percent up.
Axis Bank closed 3.3 percent higher, while Yes Bank ended 3.9 percent

Do you see an uptick in banking shares after the policy rate revision?

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