HDFC Bank Reaches 52-Week High Amid Broader Market Trends and Small-Cap Gains
HDFC Bank's stock reached a new 52-week high of Rs. 2036.3, showcasing strong performance as it trades above key moving averages. Despite a slight decline after recent gains, the bank has achieved a 25.36% growth over the past year, significantly outperforming the Sensex.
HDFC Bank has made headlines today as its stock price reached a new 52-week high of Rs. 2036.3, marking a significant milestone for the large-cap private sector bank. This achievement comes after a period of notable performance, with the stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in the short to medium term.However, the stock has experienced a slight decline following two consecutive days of gains, reflecting a trend reversal in the immediate market activity. Over the past year, HDFC Bank has demonstrated impressive growth, with a performance increase of 25.36%, significantly outpacing the Sensex, which has seen a modest rise of just 0.04%.
In the broader market context, the Sensex opened higher today at 81,594.52, gaining 256.57 points (0.32%), although it is currently trading slightly lower at 81,526.63 (0.23%). Notably, small-cap stocks are leading the market, with the BSE Small Cap index up by 0.36%. HDFC Bank's performance continues to be a focal point in the financial landscape, reflecting its robust market position.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
