Diwali Muhurat trading 2026: Why HDFC Bank shares a talking point today amid Samvat 2083 despite 13% monthly rally
HDFC Bank moved lower with November 8 in focus.
· LiveMint Markets
HDFC Bank shares fell 0.32% to ₹784.50 during Diwali Muhurat trading on November 8, reversing an early gain as the Nifty Bank index slipped 0.27%. The stock had risen 13.32% in the past week but remained down 20.82% in 2026.
Key facts
- Dates in focus
- November 8
The analysis
HDFC Bank reported ₹784.50, with movement of 13%, 0.32% and 0.27% attached to those lines. 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 -0.2% on the day at ₹786.30, and has returned +7.3% over three months. It sits 22% below its 52-week high. The banks sector has moved -2.2% over the same period, so HDFC Bank is running 9.5 points ahead of 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.
Market context
- In focus: HDFC Bank (HDFCBANK), in Banks.
- Over three months: HDFC Bank +7.3% against Banks -2.2% (9.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| HDFC BankHDFCBANK · Banks | ₹786.30 | -0.3% | +13.3% | +7.3% | -22.1% | 0.8× | — |
Banks
1M +3.7% · 3M -2.2%
HDFC Bank
Prices as of 9 Nov 2026, 10:44 IST. Sector moves are the average of the stocks we track in each sector.
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