HDFC Bank stock up 1%

Shares of HDFC Bank is trading up at 1.3% to a high of Rs. 1,084 on BSE.

Report said the bank has initiated the process of raising Rs.10,000 crore from DI and FII on receiving a formal approval from the FIPB. HDFC Bank Ltd has submitted to BSE a copy of the resolution passed on February 04, 2015 by the Special Committee of the Board of Directors of the Bank which was constituted by the Board of Directors of the Bank on Bank on May 19, 2014 (the "Special Committee").

The stock has hit a high of Rs. 1,092 and a low of Rs. 1,070.

Total traded quantity on the counter stood at over 0.59 lk shares.
Meanwhile, the BSE Sensex is up 48 points at 28,931.