HDFC Bank shares extended their four-session winning streak, lifting the lender’s market capitalisation above ₹12 lakh crore on Friday.
| Photo Credit:
SHAILESH ANDRADE
HDFC Bank shares rose 2.47 per cent to ₹778.80 on the NSE by 12.42 pm Friday, adding ₹18.80 over Thursday’s close of ₹760.00, extending a four-session winning streak that has lifted the stock 16.39 per cent from its 52-week low of ₹669.20 hit just nine days ago. The stock opened at ₹764.40, touched an intraday high of ₹779.10, and held above ₹754.05.
The rally has pushed total market capitalisation to ₹12,02,030.53 crore, crossing the ₹12-lakh-crore mark. Traded volume surged to 430.79 lakh shares worth ₹3,313.69 crore — the highest single-session turnover in this week’s run — with deliverable quantity at 61.88 per cent. The sell-side dominance that characterised earlier sessions eased noticeably, with sellers at 68.84 per cent against buyers at 31.16 per cent, a marked improvement from Thursday’s extreme 85.79 per cent sell ratio. The P/E ratio expanded further to 14.64, with the adjusted figure at 14.43.
Bank Nifty provided continued sectoral support, opening near 57,813 and trading at 57,773 — above its 200-day EMA — after breaking out of a four-week consolidation range. Resistance lies at 58,000–58,290, with support at 57,250–56,900.
The stock’s one-week return stands at 12.43 per cent against the Nifty 50’s 7.13 per cent. Year-to-date losses have narrowed to 21.41 per cent from the 31 per cent range seen just last week, though the gap against the benchmark index remains wide.
Published on November 6, 2026
