Market Performance: HDFC Bank Share Price Under Pressure
The HDFC Bank share price stayed under pressure for the third consecutive session, reflecting a cautious tone in the stock market today. On Wednesday, January 7, the stock slipped further and touched an intraday low of ₹947.20, marking a decline of nearly 1.6% during the session.
Over the past three trading days, the HDFC Bank share price has corrected by more than 5%. This steady dip has caught investor attention, especially as it comes shortly after the bank shared its December quarter business update.
The broader market mood remains mixed, and large-cap banking stocks have not been immune to profit booking after recent gains.
Main News: What Triggered the Fall in HDFC Bank Share Price?
The recent movement in the HDFC Bank share price is closely linked to its Q3 FY26 business performance data released through an exchange filing on January 5.
While the bank reported steady growth across key operational metrics, the market reaction has been cautious. In the stock market today, participants appear to be reassessing growth trends rather than chasing momentum.
Some short-term selling pressure has also emerged after the stock’s earlier outperformance, leading to a gradual pullback.
Company Details: Key Financial Operating Numbers
HDFC Bank’s December quarter update provided a snapshot of its core banking activity. The numbers show consistent expansion, even as the stock price moved lower.
Gross Advances
- Gross advances rose 11.9% year-on-year
- Total advances stood at ₹28,445 billion as of December 31, 2025
- Compared with ₹25,426 billion as of December 31, 2024
Deposits
- Average deposits increased 12.2% year-on-year
- Deposits came in at ₹27,524 billion for Q3 FY26
- Against ₹24,528 billion in the corresponding quarter last year
CASA Deposits
- Average CASA deposits grew 9.9% year-on-year
- CASA stood at ₹8,984 billion during the quarter
- Up from ₹8,176 billion in the same period a year ago
These figures highlight stable growth in both lending and deposit bases, even as the HDFC Bank share price faced short-term pressure in the stock market today.
HDFC Bank Share Price Trend Over the Past Year
Looking beyond the recent dip, the longer-term price trend offers useful context.
Over the last one year:
- HDFC Bank shares have gained 11%
- The Sensex has risen about 8.5%
- The BSE Bankex has climbed nearly 18%
In terms of price range:
- 52-week high: ₹1,020.35 (October 23)
- 52-week low: ₹812.13 (January 13, previous year)
This shows that while the banking sector has seen sharper gains overall, HDFC Bank has still managed to outperform the broader benchmark.
Why the Stock Market Today Is Watching HDFC Bank Closely?
The recent correction in the HDFC Bank share price appears to be driven by a mix of factors rather than any single trigger.
Key points influencing sentiment include:
- The stock had seen decent gains over the past year
- Investors are reassessing deposit growth trends
- Some profit booking has emerged ahead of quarterly earnings
In the stock market today, traders are focused more on how numbers compare quarter-on-quarter rather than just year-on-year growth.
Summary: What This Means for HDFC Bank Share Price?
The HDFC Bank share price decline over the last three sessions reflects short-term market caution rather than a sharp shift in fundamentals.
To sum it up:
- The stock has fallen over 5% in three sessions
- Q3 business updates show double-digit growth in advances and deposits
- Longer-term price performance remains ahead of the Sensex
- Short-term volatility mirrors broader stock market today sentiment
As markets digest the latest data, HDFC Bank remains firmly in focus, with its share price movements closely tracked by investors watching large-cap banking stocks.
Source: Livemint
Easy & quick
Leave A Comment?