HDFC Bank gains 2% on MD & CEO appointment; D-Mart slips 3% on Citi sell rating
HDFC Bank shares added 2% after the Reserve Bank of India approved the appointment of Anup Bagchi as Managing Director and Chief Executive Officer for a three-year term. Meanwhile, D-Mart shares slipped 3% as Citigroup retained its 'sell' rating on the stock.
HDFC Bank shares rose 2% after the RBI approved the appointment of Anup Bagchi as MD & CEO of the bank for a three-year term effective October 5.