HDFC, ICICI, SBI lose ₹50,000 crore in market cap
NewsBytes | March 11, 2026 6:41 PM CST
CLSA sees over 25% upside in these banks
HDFC Bank led the drop with a 2% dip and over ₹25,000 crore wiped out. ICICI slipped by 1%, losing more than ₹10,000 crore, while SBI shed about ₹14,000 crore.
Brokerage firm CLSA projected a 25%-plus upside for HDFC and ICICI; analysts tracking these banks do not have 'sell' ratings.
No sell ratings have been given for any of these banks so far.
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