HDFC Bank falls on Bernstein downgrade

HDFC Bank’s shares slipped on Friday even as the market staged a sharp bounce-back after global brokerage firm Bernstein downgraded the bank on exposure to unsecured consumer loans amid a coronavirus-induced slowdown. The stock ended down 1.6% at Rs 880.75 on Friday.

from Markets-Economic Times https://ift.tt/39cAOhb