Shares of HDFC Bank extended gains on Tuesday after The Economic Times reported that the Reserve Bank of India is weighing Anup Bagchi's candidature for the role of CEO and MD at India’s largest private bank.
HDFC Bank shares rose to Rs 749.30 apiece on Tuesday, the highest level seen by the stock in nearly seven weeks. The stock has overall jumped 5% in three straight sessions of gains, despite volatility in the broader markets.