HDFC Bank shares rise nearly 3% after after CEO Jagdishan opts out of reappointment
Shares of HDFC Bank climbed nearly 3 per cent on Monday, bucking a weak broader market, after MD and CEO Sashidhar Jagdishan announced his decision to not seek reappointment when his current term ends on October 26.
The stock gained 2.70 per cent to Rs 739.50 on the BSE and 2.70 per cent to Rs 739.75 on the NSE. The gains came despite the Sensex falling 464.66 points and the Nifty declining 174.60 points during morning trade.
The stock gained 2.70 per cent to Rs 739.50 on the BSE and 2.70 per cent to Rs 739.75 on the NSE. The gains came despite the Sensex falling 464.66 points and the Nifty declining 174.60 points during morning trade.
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