Money on the markets

A maturing market amid the mayhem

HDFC Bank gains

April 26, 2010

INDIA/
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
up.

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

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •