SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Markets News

The Economic Times

Markets / The Economic Times

details

Brokerages turn bullish on HDFC Bank after sharp 26% correction

JP Morgan and Jefferies have upgraded HDFC Bank, citing attractive valuations after a significant share price decline. Both brokerages see a favorable risk-reward, with JP Morgan highlighting a strong core franchise and Jefferies pointing to potential re-rating catalysts like board clarity and CEO term rollover.

31 Mar 2026 6:24 am