Shares tumble 12% in 2 days, wiping Rs 1.3 lakh crore. What triggered this market shock? Let's delve into the details.
Over one-third of Nifty's fall was attributed to HDFC Bank's weak performance.
Flat NIM, withdrawal of ICRR, and a decline in LCR were in focus
HDFC Bank records its worst trading day since the Covid crash. It triggered the sharp 8.5% decline.