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BankingMedium impactPre-market

HDFC Bank board approves new MD and CEO candidates

pre-market1 source ↓written by the desknot a recommendation

board meeting
12 September 2023

HDFC Bank's board has shortlisted two candidates for the Managing Director and CEO position, pending RBI approval. This decision was made during the board meeting on 12 September 2023. The candidates' remuneration packages will also be submitted to the RBI for review, ensuring compliance with regulatory guidelines. 📈

This leadership transition may impact investor sentiment and stock performance in the near term as the market awaits further developments.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 14 Sept 2026, 07:10 IST.

Sourcesnews.google.com

The market after the news

HDFCBANK closed +1.2% on the day of the news, from ₹708.25 to ₹716.55; Nifty −1.2% over the same session; futures OI −1.6%.

Bulletin at 07:10 IST on 14 Sept 2026. Every change is measured from ₹708.25, the last close before it, on 11 Sept. Nifty 50 is measured over the same sessions.

  • HDFCBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HDFCBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it646.49708.25770.01axis spans 19%before the news · 11 Sept708.25Nifty 50HDFCBANKbulletinD0+1+3+57 Sept18 Sept29 SeptFutures open interest, lotspeak 6.5 LReference close ₹708.25. 16 sessions from 7 Sept to 29 Sept; the price axis spans 19 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before11 Sept₹708.25basebase
On the day15 Sept₹716.55▲ +1.2%▼ −1.2%+2.4 pp difference
+1 session16 Sept₹721.50▲ +1.9%▼ −0.8%+2.6 pp difference
+3 sessions18 Sept₹731.00▲ +3.2%▼ −0.2%+3.4 pp difference
+5 sessions22 Sept₹738.60▲ +4.3%▼ −0.3%+4.6 pp difference
Gap at the open, % · ₹
▲ +2.0%+14.16 on 15 Sept
Day's range, % · ₹
2.2%≈ 16 high to low
Volume on the day
1.86×the 20-session average
Futures OI on the day
▼ −1.6%−10,000 lots · short covering · price +1.2%
Futures OI open, lots
6.4 L15 Sept · 29 Sept expiry
Futures premium, ₹
+3.10+0.4% to spot
Puts per call, by OI
0.57from 0.53 the session before
Max pain
720from 720 the session before

Source NSE UDiFF bhavcopy · HDFCBANK on the desk →

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