Why is the HDFC Bank share price under pressure today?

Two factors weighed on sentiment. A Rs 1,756 crore block trade, about 0.1% of equity, added supply and volatility. Also, the Q3 business update showed slower deposit accretion versus credit, pushing the credit-deposit ratio near 100%. That raised worries about funding costs and near-term margins, keeping the stock weak.

Is a Rs 1,756 crore block trade negative for long-term investors?

A block trade can pressure price in the short term as markets digest supply. It does not change fundamentals by itself. For long-term investors, the focus should be on deposits, margins, and asset quality trends. If Q3 shows better funding traction, the price impact of the block can fade quickly.

What should we track in HDFC Bank Q3 results on January 17?

Watch deposit growth versus advances, CASA ratio movement, and commentary on cost of funds and NIM trajectory. Also track fee income, credit costs, and any merger synergy updates. Clear signs of improving funding and stable asset quality can help the HDFC Bank share price stabilise after recent weakness.

Is HDFCBANK.NS attractive at current valuation?

Valuation looks reasonable with a TTM P/E near 10 and P/B around 1.34, plus a 1.42% dividend yield. For a better risk-reward, many investors will wait for stronger deposit traction and clearer margin visibility. Tactical entries can use support and resistance levels, but conviction likely hinges on the Q3 print.

Global Market Insights

HDFCBANK.NS Stock Today: 4-Day Slide, Q3 Jitters; Rs 1,756cr Block — January 08

ByHuzaifa Zahoor January 8, 2026January 8, 2026

HDFC Bank share price stayed under pressure for a fourth session as a large trade and a softer Q3 business update weighed on sentiment. Roughly 0.1% equity changed hands for Rs 1,756 crore, adding supply. The credit-deposit ratio is near 100%, keeping funding costs in focus before Q3 results on January 17. We track how this affects margins, growth, and positioning in HDFCBANK.NS for Indian investors seeking clear signals.