HDFC Bank Ltd. 500180 shares rallied 1.82% to 1,860.05 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

HDFC Bank hit an all-time high of ₹1,830, driven by superior asset quality, reducing LDR post-merger, MSCI inflows, mutual fund buying, and attractive valuations, signalling potential outperformance ahead.

By Bharath Rajeswaran (Reuters) -Indian shares rose on Tuesday led by HDFC Bank and Reliance Industries, the two heaviest-weighted stocks on the Nifty 50, with analysts attributing the rise to cheaper valuations after the benchmarks slipped into correction territory recently.