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The move comes hours after economic data showed prices rose last month at the fastest pace in 16 months.
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A deal for nuclear submarine reactors is agreed between the Ministry of Defence and Rolls-Royce.
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Leading brokerages have expressed optimism about HDFC Bank, issuing a mix of positive ratings and price targets that reflect its strong growth potential for the next 12 months.HDFC Bank, on Wednesday reported a 2.2% year-on-year growth in its December quarter standalone net profit, totaling Rs 16,736 crore, compared to Rs 16,373 crore posted in the same period last year.Also Read: HDFC Bank Q3 Results: PAT rises 2% YoY to Rs 16,736 crore, NII advances 8%
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