Best Commodity TipsBest MCX TipsCommodity Trading TipsEquity TipsFinancial NewsFinancial ServicesFree Stock tipsFree Stock tipsFree trading tipsFutures OptionsLatest NewsStock AlertsStock AlertsStock TipsTop AdvisoryTop NewsTop Stocks

HDFC Bank stock falls after block deal

Shares of HDFC Bank were trading in the lower circuit after block deal Today. About 2.35-mln shares have reportedly changed hands through block deals.

According to a Bloomberg report, an unrevealed entity is likely to sell 1.1-Crore shares or 0.42pc of total paid-up equity, of the bank via a block deal. The deal will be done in the price range of Rs.2,219 to 2,287-per share, the reports adds.

At 2.40am shares of HDFC Bank was trading at Rs.2,246.25, down by Rs.43.75 or 1.91-pc v/s its previous closing of Rs.2290 on the BSE.

Conversely, on the NSE, HDFC Bank’s share price was quoted at Rs2240.40 down Rs.46.75 or 2.04-pc, at the same time.