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HDFC Bank shares fall over 3% down as lender flags hit to key ratios post merger

HDFC Bank shares are down 3% so far this year, underperforming 6% gains in the bank index and 11% gains in the Nifty index.

HDFC Bank stock may outperform Nifty Bank, IndusInd Bank shares may do well

On the weekly chart, the index has formed a bearish candle and has closed at 4,4879.50 levels. This bearish candle is a break on the bullish momentum

HDFC Bank share price targets: What analysts say on merged entity

HDFC Bank: YES Securities said the unmerged bank grew relatively slower while the merged entity more so. This brokerage has maintain "less-than-bullish ADD" on the stock with a target of Rs 1,950.

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