HDFC Bank outperforms in bank-led surge; elevated volumes signal renewed interest

HDFC Bank shares advanced about 1.5% in a buoyant session for financials, with trading volumes notably above recent averages. The move reflected broader private-bank strength following sector results and improving risk appetite. Investors are weighing deposit repricing pressures against potential rate-cut tailwinds and healthy retail credit demand into the festive season. With positioning light after months of underperformance, even modest positive catalysts are drawing flows. The stock remains below its 52-week high, leaving room for catch-up if margins stabilize and fee momentum improves in H2.