HDFC Bank Ltd shares were down 1.56 per cent at Rs 1,722 after the Q3 update. December was the third consequent quarter of sequential corporate loan decline as the banks continued to choose profitability over balance sheet growth.

The stock market opened into the green with IT stocks seeing a rebound after causing a market crash last week along with pharma and banking stocks

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session lower. Nifty 50 closed at 24,004.75, while Sensex ended at 79,223.11. Asian equities were fluctuating in early trade today.

Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,190 level, a discount of nearly 92 points from the Nifty futures’ previous close.

Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season star

Even as the Indian stock market benchmark Sensex crashed over 700 points, or nearly 1%, almost 200 stocks hit their fresh one-year highs in intraday trade on the BSE on Friday, January 3. HCL Tech, Mahindra and Mahindra,

Falling IT, pharma, healthcare, and bank stocks caused the stock market to crash during the later trading hours