India's stock benchmarks lower as heavyweight HDFC Bank drags

HDFC Bank

27/08/2026 08:14

** India's Nifty 50 .NSEI and Sensex .BSESN down 0.3% each
** India's largest lender and heaviest-weighted stock HDFC Bank HDBK.NS drops 2.2% to lowest in nearly 2-1/2 years, almost single-handedly pulls benchmark indexes lower
** Eleven of the 16 major sectors trade lower; heavyweight financials down 0.2%
** Broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 flat as drop in crude oil prices and strong earnings growth expectations support stocks
** Qatar's prime minister will visit Tehran on Thursday in a bid to relaunch diplomacy between U.S. and Iran
** Among other stocks, Tata Power TTPW down 4% as Singapore court rejects challenge to Kleros arbitration award
** Adani Enterprises ADEL.NS up 1.4%; Motilal Oswal initiates coverage on stock with "buy" rating
** Asian markets trade higher as chipmaker Nvidia NVDA.O reports earnings beat, lifting hardware tech stocks MKTS/GLOB



 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))