Stock Market Live: Nifty Rallies Above 23,450, Sensex Surges Over 650 Points; HDFC Bank, RIL Lead Gains
BSE moved higher.
21 Sept 2026 · NDTV Profit, ET Stocks, Business Standard Mkts
Nifty Realty rose 0.98%, while Nifty Auto and Nifty Metal gained 0.69% and 0.50%, respectively. Nifty IT fell 0.41%, followed by Nifty PSU Bank at 0.23% and Nifty Rural at 0.12%.
The analysis
BSE reported movement of 0.98%, 0.69% and 0.50%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.9% on the day at ₹705.30, and has returned -15.3% over three months. It sits 30% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -4.0% over the same period, so HDFC Bank is running 11.3 points behind its peers.
For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The company directly in focus is HDFCBANK.
- Sector exposure: Banks, Oil & Energy, Auto.
- The immediate tone of coverage reads positive.
In this story
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