HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see u
- Posted on July 20, 2026
- By Business News Today
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- 1 min read
HDFC Bank experienced a significant market downturn as first-quarter results disappointed investors, erasing approximately Rs 70,000 crore from the institution's market capitalization. The decline was primarily driven by margin compression and lackluster operational performance. However, major financial analysts including Jefferies, Nomura, Motilal Oswal, and Anand Rathi maintain constructive outlooks on the stock, citing potential recovery opportunities and projecting upside gains reaching 28% over the medium term.
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