Stock analysts have strongly recommended HDFC Bank for trading in the today’s session. It has performed brilliantly on yesterday, and gained 5.2 percent at Rs 1,643.70, in the end.

It is looking very strong as the stock markets have made their closure on a cheerful note. Today, it will surely touch Rs 1675. If the stock price hits this target, the next target for the day will be Rs 1705.

Interested investors can purchase this stock between Rs 1642-1645 with a stop loss at Rs 1640.

CARE reaffirms, on 14 Nov, `CARE AAA` rating to HDFC Bank (HBL) subordinate tier II bond issues having an aggregate limit of Rs 24 billion against which the outstanding amount stood at Rs 20.12 billion.

CARE also retained the existing `CARE AAA` rating for perpetual bond issues having an aggregate limit of Rs 5 billion against which the outstanding amount stood at Rs 2 billion and upper tier II bond issue having an aggregate limit of Rs 10 billion against which the outstanding amount stood at Rs 6.36 billion. CARE also reaffirms `CARE AAA (FD)` to HBL`s fixed deposit programme. CARE also reaffirms `PR1+` rating to certificate of deposits programme of HBL.