Why HDFC Bank fell today? Post Market Report 27-May-26

Hinzugefügt: 2026-06-03

[00:00:05]Hi, this is PR Sundar. Uh, welcome to postmarket report sponsored by Delta.exchange.

[00:00:13]Uh, tomorrow is a holiday. So, day after tomorrow I'm going to Bangalore. So, Saturday and Sunday is the workshop. Uh, still there are few seats available. Uh, but the seats are filling very fast. Uh, those who are interested may contact our office. uh contact numbers are given in the description.

[00:00:32]uh coming back to the markets and today the pre-market I mentioned that you know usually the monthly expiry on an expiry day if nifty falls and usually the first trading session of the new series the market should go up and that is the trend most of the time but the gift nifty was not indicating that in fact gift nifty was indicating nearly 100 point gap down but Our market did not gap down that much and markets tried to recover.

[00:01:08]The problem is that so some news came uh there is a some a small fraud not a big one uh for the market cap of uh companies like HDFC Bank. So there was a news that said you know so they wanted to pay some higher interest rate for some deposits but since you know it's a policy of the bank to cap the interest rate so that whatever is the additional interest rate they agreed they passed on to the uh customer in the form of marketing expenditure.

[00:01:44]So the total amount was only just 45 cr right? So there is a mistake 45 cr is the damage but the market cap of the HDFC bank has fallen by 24,000 cr today and today uh HDFC bank was responsible for a nearly 500 point fall in bank nifty and HDFC bank is responsible for nearly 70 point fall in nifty So HDFC bank has fallen uh more than 2 and a half%.

[00:02:26]And later in the day you know HDFC bank has clarified that they they said there is nothing wrong. uh but still market do not want to believe.

[00:02:37]Remember 2 days before finance minister said you know she's willing to listen to the people uh but market did not listen and now HDFC Bank says something market is not listening and as a result you know the nifty closed negative which was totally not expected.

[00:02:59]In addition to this today ITC has turned X dividend. So because of that that stock has fallen you know to adjust with the dividend and then because of that you know another 20 point fall.

[00:03:16]So nearly 90 point fall has come just because of HDFC bank and ITC. Otherwise Nifty would have closed 80 90 point higher today.

[00:03:29]So that is on one side the bank nifty was hugely underperforming the broader market was doing well but what is more significant today for a third straight day the India weeks has fallen more than 5%.

[00:03:48]And day before yesterday also it fell more than 5% yesterday also it fell more than 5% today also fell more than 5%.

[00:03:56]And another surprise is that today's fall is actually more than yesterday's fall and day before yesterday's fall.

[00:04:06]And few days before I remember one day the India weeks slightly crossed 20 intraday but today it has closed below 15. So that means what?

[00:04:20]More than 25% fall in India weeks and the option premiums are crashing and both the sides.

[00:04:31]So uh this is really good for the people who are already holding uh option positions.

[00:04:39]a crash in the weeks you know naturally the option premiums cool down otherwise you know so this HDFC man when the global markets are trading at all-time high now we are getting one or the other news market is not able to go higher if you can remember on April 8 when this US uh Iran ceasefire news came the nifty shot Nifty closed around 24,000 if I'm not wrong 23,997 something like that right the entire April month is over and entire May month is over is almost 8 weeks and still Nifty is struggling to close about 24,000 just only one day I think day before yesterday 50 closed about 24,000 and that is when the finance minister statement came. So now they are giving the reply to the finance minister uh by bringing the market down below 24,000 and it's very very uh pathetic and Indian markets are an outlier so distinctly bearish so unless government some do something good for the stock market you know the probability of this market is going higher is very very low.

[00:06:15]uh but we cannot say uh you know sometime markets react to the headline news uh you know some ceasefire news some agreement between China uh US and Iran you know things can go anyway but looking at the option premiums and option prices it doesn't look like and see for the weekly option 23900 straddle people are taking I don't know within the next few days if there is one good news you know uh remember Nirmala Sitharaman candle last time it came on Friday so let us say she comes and reduces long-term capital gain tax to zero or something like that on this Friday then what will happen because these people will have experience until Tuesday right but despite that people dare to sell 23900 straddle so people have taken 24,000 straddle also 23900 shadow also but until we get some because you see the news has come from the finance minister that she's willing to listen and so that means that you know it is a indication that they're giving if there is a further fall in stock market they will be acting and plus US Iran we don't know anytime you know some agreement can be reached so in this kind of markets uh selling short-term options is very very risky.

[00:07:51]Uh so that's why I always say you know if you are selling a put option sell anything below 23 premiums are still very good and sell anything above 25,000 still the premiums are very good. So it's always better to keep uh at least 3 to 4% away you know anytime any news can come and markets you know uh can go uh significantly the problem for Indian market it's going to be either gap up or gap down last time the nurmala sitaraman candle you know lucky that she came and announced during the market hours and people could have put some stop losses could have exited But if announcement comes on evening time the next day morning gap up 500 point,000 point you know these people who are selling options in the short term they will get into big trouble.

[00:08:50]So uh it's not advisable and always hedge your portfolio so that you know in case market goes much higher so you have some your loss is limited. So that is another important thing that people have to learn.

[00:09:06]Uh in this kind of markets it's always good to have some buy options and uh I think I have some buy options you know and a sell option also uh some ratio spread uh both buy option and sell option both have given good profit today. So sometimes you know that can happen. So ratio spreads is an interesting strategy, right? So we have to wait for uh FI data. So you know probably they would have sold only uh 2 days before also you know the last half an hour there was a good short covering Nifty shot up nearly 100 not Nifty Nifty future shot nearly 100 point but the next day the market fell and today also I think in the last half an hour there was a significant move in nifty future but as soon as our market open uh sorry as soon as our market closed the gift nifty was down 100 But now that is also recovering. So we need to see what's going to happen uh on Friday. So tomorrow is a holiday. So our market will open only on Friday. So let us see. So what's going to happen uh but weekly I do not want to predict any level uh because anything can happen.

[00:10:28]But monthly I stay with my view 23,000 to 25,000 the range.

[00:10:34]I hope you enjoyed watching this video.

[00:10:36]Thank you for watching.