HDFC Bank hits all-time high of Rs 2,223 on back of heavy volumes

The shares rose 4.4 per cent in past two days after the bank said its board will meet on Saturday to consider the audited financial results for the quarter

Shares of HDFC Bank hit an all-time high of Rs 2,223, up 2.4 per cent, to surpass its previous high of Rs 2,220 recorded on July 18, 2018 on the National Stock Exchange (NSE) in intra-day trade, on back of heavy volumes.

Till 11:42 am, a combined 10.78 million equity shares changed hands, as compared to an average of 2.6 million shares traded daily in past two weeks on the NSE and BSE. HDFC Bank was the top gainer among Nifty 50 and the S&P BSE Sensex indices, which were trading flat.

In past two trading days, the stock of