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The Economic Times

Veer Sharma

How to trade HDFC Bank shares? Here’s what technical analysts are saying as lender hunts for new CEO

HDFC Bank HDFC Sashidhar Jagdishan RBI Ajit Mishra Veer Sharma SEBI

HDFC Bank shareholders got a much-needed breather on Tuesday as the stock price rose over 3% to Rs 727 after the bank submitted two candidates' names to the RBI for the role of CEO, formally beginning the succession process for Sashidhar Jagdishan, who is due to retire later this year.

The development gathers significance as the HDFC Bank stock had been hitting fresh 52-week lows for several consecutive sessions, even as analysts continue to maintain their Buy ratings after the stock has fallen around 29% so far in 2026.

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