Newsblare

Investing

HDFC Bank Share Price Today: Current Trends and Market Insights Will Shock You!

HDFC Bank Share Price Today: Current Trends and Market Insights Will Shock You!

HDFC Bank Share Price Today: The stock opened at ₹1660 on the last trading day, closing slightly lower at ₹1651.25. During the session, it peaked at ₹1660.45 and dropped to ₹1632.75. The market capitalization of HDFC Bank, as of the present day, is ₹12,56,157 crore.

At 3: 13 PM today, HDFC Bank was trading at ₹1664.65, marking a 1.39% increase from yesterday’s closing price of ₹1641.75. The positive shift suggests that the stock has transcended its first resistance point of ₹1660.68 (according to the traditional pivot table). On the other hand, traders should pay attention to the potential reversals at ₹1674.87 (the second resistance level) which may decide the future move of the stock.

Technical analysis shows the short-term trend of HDFC Bank to be mildly bullish and the long-term trend to be mildly bearish. Indicate the respective daily moving average values of the bank’s 5-day simple moving average (SMA) is ₹1641.31, while the 50-day SMA is higher (i.e., ₹1767.07), to show variations over time.

Volume Insights

Trading volume, a valuable trend meter, was 15.13% down from yesterday at 2 o’clock, with a stock price of ₹1664.55. A dip in volume together with a price increase can indicate a trend that is likely to continue, but traders need to be careful about any significant shift in the market.

Analyst Recommendations

HDFC Bank has a buying consensus rating among analysts with a median target price of ₹1974, 20.03% higher than the current market price. The lower and upper range of target price for the upcoming year is ₹1558 and ₹2550, respectively.

Also, see: PCB employees over 12,000 security personnel for Champions Trophy 2025

Staff Writer and Author
Zainab is a seasoned writer with 6 years of experience in crafting blogs, news copies, commercial writing, and product reviews. She has delivered more than 7,000 news copies and top-notch blogs for various international and local businesses. From small-scale companies to big enterprises, Zainab has catered to a myriad of categories to produce tailored content to meet clients' requirements. Hailing from Pakistan, she has hands on niches like sports, health and fitness, food, lifestyle, travel, technology, science, and cryprocurrency to name a few. However, she brings best out of her in cricket. With hands on on-page SEO, her content is known to drive traffic, maximizing sales and reads as a result.

Leave a Reply

Your email address will not be published. Required fields are marked *

Oscars 2025: Full List of Winners from the 97th Academy Awards