Hdfc Bank Share Price Today on : Hdfc Bank share are up by 0.06%, Nifty up by 0.4%

Hdfc Bank Share Price Today on : At 18 Oct 13:01 today, Hdfc Bank shares are trading at price ₹1674.35, 0.06% up from the previous closing price. Sensex is trading at ₹81230.93, up by 0.28%. The stock has hit a high of ₹1677.6 and a low of ₹1654.05 during the day.

On the technical front, the stock is trading above the 10,50,100,300 days SMA & lower than the 5,20 day SMA. The stock will have support at 10,50,100,300 days SMA & face resistance at 5,20 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1693.13, ₹1711.62, & ₹1725.58, whereas it has key support levels at ₹1660.68, ₹1646.72, & ₹1628.23.

Till 1 PM today, the volume traded on NSE & BSE for Hdfc Bank was -38.11% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 17.18% .The current P/E of the stock is at 18.69 & P/B is at 2.68.

The median 1-year forecasted upside in this share is at 13.60% with a target price of ₹1902.00.

The company has a 0.00% promoter holding, 8.27% MF holding, & 48.00% FII holding as per filings in the september quarter.

The MF holding has increased from 8.21% in june to 8.27% in the september quarter.

The FII holding has increased from 47.15% in june to 48.00% in the september quarter.

Hdfc Bank share price has gained 0.06% today to trade at ₹1674.35 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 0.4% & 0.28% each respectively.