#Axis Bank

HDFC Bank Earnings Disappoint, Trigger $8.4B Market Cap Wipeout

HDFC Bank's Q1FY27 earnings missed expectations, causing a 5% share drop and an $8.4B market cap wipeout, fueling a banking sector rout that saw the Sensex tumble 718 points. Major brokerages like Jefferies maintain bullish ratings, citing strong fundamentals.

Jasmine·Jul 20, 2026·2 min read