New Delhi, March 23 -- HDFC Bank share price declined by over 3% on Monday, extending its fall to the fourth straight session, amid sustained selling pressure. HDFC Bank shares fell as much as 3.83% to Rs.750.55 apiece on the BSE today.
In the past four sessions, HDFC Bank share price has plunged more than 11%. The recent slump in India's largest private lender's shares came after the abrupt resignation of its non-executive chairman, Atanu Chakraborty, on March 18.
The fall in HDFC Bank coincides with the sharp drawdown in the Indian stock market due to macro-uncertainty amid the prolonged US-Iran war in the Middle East, which stoked inflation fears following elevated crude oil prices.
Chakraborty stepped down, citing a mismatch betwee...
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