{
  "id": 18084719,
  "title": "HDFC Bank extends rally for second day, hits ₹741 intraday high",
  "url": "https://urgent.news/2026/11/04/hdfc-bank-extends-rally-for-second-day-hits-741-intraday-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T06:35:29.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/stock-markets/hdfc-bank-extends-rally-for-second-day-hits-741-intraday-high/article71664326.ece"
  },
  "original_language": "en",
  "account": "HDFC Bank shares continued their two-day rally on Wednesday, reaching an intraday high of ₹741.30 before settling at ₹731.45 on the NSE. The stock opened at ₹722.80 and fell to a low of ₹719.25 during the session. The two-day increase has propelled the stock by nearly 3.72 per cent, raising its market capitalization to ₹11,28,803.74 crore. Trading volume surged to 298.80 lakh shares, worth ₹2,196.20 crore, which is approximately double the mid-session turnover of ₹1,051.91 crore on Tuesday. However, selling pressure remained strong, accounting for 81.17 per cent of the total order quantity, while buyer interest stood at just 18.83 per cent. The P/E ratio increased to 13.98, with the adjusted value at 13.78. Despite the positive trend, Bank Nifty opened slightly below its previous close near 55,485 but maintained a positive outlook. Resistance levels are identified at 55,800–56,000, with support at 55,200–55,000. The stock has declined 26.21 per cent year-to-date, while the Nifty 50 has dropped 9.01 per cent over the same period, resulting in a one-week return of 6.72 per cent for HDFC Bank.",
  "summary": "Trading volumes nearly doubled, but sellers continued to dominate order flows, while Bank Nifty maintained a positive bias during Wednesday’s session",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Abbey Bank’s 9M pre-tax profit hits N3.23 billion, beats Q3 forecast by 77.58%",
        "url": "https://urgent.news/2026/11/04/abbey-banks-9m-pre-tax-profit-hits-n3-23-billion-beats-q3-forecast-by",
        "published": "2026-11-04T06:40:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}