HDFC Bank shares surge 12%; Morgan Stanley says the stock is well positioned in uncertain times

HDFC Bank shares surge 12%; Morgan Stanley says the stock is well positioned in uncertain times

HDFC Bank shares surge 12%; Morgan Stanley says the stock is well positioned in uncertain times The current selloff in the market has hit this bluechip stock too as the stock has fallen 30 percent since February 1, in sync with the benchmark Nifty which is also 30 percent down for the same period.