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HDB - HDFC Bank Is Approaching The Decadal Danger Zone
HDFC Bank Limited
The landmark judgment by the Indian people to re-elect Narendra Modi as the Prime Minister has taken the nation’s banking sector to fresh all-time highs. Prime Minister Modi has returned with a massive mandate for his second term, much ahead of what the political pundits had been forecasting. Since the Modi government is seen as pro-growth, the Indian stock market has tested new lifetime highs, with the banking stocks leading the way. HDFC Bank (NYSE: HDB), being the premier bank that it is, too has participated in the rally. The euphoric mood will take