Why is the HDFC Bank share price testing INR 940 today?

The stock broke below its 970 to 1,020 range and slid to INR 936.95, with an intraday low at 929.60. RSI at 28.76 is oversold, but MACD remains negative, showing weak momentum. Combined with slightly higher volume, this points to continued supply near support with scope for brief rebounds.

What are the key supports and resistances for HDFC Bank price now?

Primary support is INR 940, then today’s low near 930. A decisive close below 930 risks a move toward the psychological 900 mark. On the upside, watch 962 to 970, then the moving averages at 978 to 990. A daily close above 990 would re-open the path toward 1,020.

Is HDFCBANK.NS oversold, and what does that imply for traders?

Yes. RSI is 28.76, CCI is -247.76, and Williams %R is near -95. Price is also below the lower Bollinger band. Oversold conditions can enable quick snapbacks, but they do not confirm a trend change. Traders often wait for closes back above resistance zones to validate any rebound.

When is the next earnings date and what should investors track?

HDFC Bank reports on January 17, 2026. Investors should watch net interest income, deposit and loan growth, asset quality metrics, and management’s outlook. These can affect valuations and the HDFC Bank share price reaction, especially while the stock trades below key averages near 978 to 990 with mixed momentum signals.

What should I consider if I follow bank stocks India alongside HDFC Bank?

Focus on capital, asset quality, deposit growth, and loan mix. Compare valuation markers like price to book and dividend yield. For HDFC Bank, P/B is 1.32 and dividend yield is 1.44 percent. Align any view with price action around INR 940 support and the upcoming results that may change sentiment.

Global Market Insights

HDFCBANK.NS Stock Today, January 13: Tests INR 940 Support After Breakdown

ByDanny Kontos January 13, 2026January 13, 2026

HDFC Bank share price stays weak on January 13 as the stock tests the INR 940 support after breaking below the 970 to 1,020 range. The latest print is INR 936.95, down 0.22 percent, with an intraday low of INR 929.60. The first mention of the ticker HDFCBANK.NS matters for traders tracking levels. Momentum readings are oversold, which can create quick rebounds, but trend signals still lean negative. With results due on January 17, both traders and long-term investors in India are watching price action and volumes closely.