HDFC Bank down 1.43%; cuts its base rate by 35 bps

The stock opened at Rs.1027.45 against the previous close of Rs. 1028 on BSE. It has hit a high of Rs. 1027.45 and a low of Rs.1004.50 on BSE today.

Shares of HDFC Bank Ltd were trading lower around 1% at Rs.1013.40 on BSE today.  The bank has reduced its base rate or minimum lending rate by 35 basis points to 9.35 per cent.The new base rate is expected to be among the lowest lending rate in the banking sector.

The stock opened at Rs.1027.45 against the previous close of Rs. 1028 on BSE. It has hit a high of Rs. 1027.45 and a low of Rs.1004.50 on BSE today.

Total traded quantity on the counter stood at 0.30 lk shares on BSE.

Meanwhile, the BSE Sensex is down 251 points at 26,032.34.