HDFC Bank: Bearish bets on HDFC Bank rise to record levels

Mumbai: Bearish bets on stock futures of HDFC Bank, India’s most valuable lender, are at the highest level ever as concerns that the firm’s profitability is under pressure are seen weighing down its share price. Total open interest, or outstanding positions, in HDFC’s stock futures has surged by 115% to 4.19 lakh contracts – a … Read more