markets · 21 Mar 2026
What Happened
HDFC Bank at ₹780, down 21% from peak — the chairman's cryptic exit letter has already wiped ₹1 lakh crore from investor portfolios.
Key Takeaways
Stock at ₹780, down 21% from Oct 2025 peak
₹1 lakh crore mkt cap wiped in just 2 days
RSI at 24 — deep oversold territory
📈 Positive Outlook
Jefferies' ₹1,240 target implies 57% upside if governance cloud clears fast.
Background
CEO renewal in Oct 2026 plus FII outflows could extend underperformance.
Source & Tags
Reported by
Finnotia Research
Read the complete analysis with data, charts, and expert insights on FINNOTIA.
Read Full Article →Educational only · Not SEBI registered