Waiting to invest in HDFCBANK? Avoid at the moment as it is a falling knife that can bleed you if you catch it
03 Apr, 20205 min read
HDFC BANK LTD is a falling knife that can bleed you if you catch it on Friday. It delivered -1.9% to close at 813.85. On a day when the overall market breadth was 62%, it closed higher than 72% of the market. In comparison, the benchmark NIFTY-50 index closed today at -0.0206%.