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HDFC Bank shares surge up to 3%, lead Nifty 50 recovery from lows on MondayDespite the recent volatility, the analyst community maintains a near-consensus "buy" for shares of HDFC Bank. Out of 47 analysts covering the stock, 45 maintain a "Buy" rating, with not a single "Sell" call currently among analysts.By CNBCTV18.com March 16, 2026, 3:25:55 PM IST (Published)2 Min ReadHDFC Bank Ltd. shares emerged as a standout performer in Monday’s trading session, surging as much as 3% to lead the pack among the Nifty 50’s top gainers. Not only were shares of India's private lenders among the top index gainers, they were also the top contributors to the Nifty 50 recovery.

Last week, the stock hit a fresh 52-week low of ₹812. The current bounce marks only the fourth day of gains for the stock in the last 15 trading sessions, with its Relative Strength Index (RSI), having slipped to "oversold" territories, falling to lows of 22. Currently, the RSI is at 33.

Despite the recent volatility, the analyst community maintains a near-consensus "buy" for the stock. Out of 47 analysts covering the stock, 45 maintain a "Buy" rating, with not a single "Sell" call currently among analysts.

The consensus estimates project a significant upside potential of 37% from current levels.

Along with HDFC Bank, shares of ICICI Bank also recovered significantly from the lows of the day, having hit a 52-week low in intraday trading on Monday. Here too, the analysts maintain a near-consensus "buy" on the lender. The consensus estimates project an upside potential of over 40% from current levels.

Incidentally, shares of HDFC Bank had gained over 2% on February 16 as well.

Shares of HDFC Bank are trading 2.7% higher at ₹839, while those of ICICI Bank are up 1.4% at ₹1,272.Continue ReadingTagsHDFC Bank Share PriceHDFC Bank sharesICICI Bank share priceICICI Bank SharesNifty 50share market today