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HDFC Bank shares dip 2% after 1.56 million shares change hands in block deal after bonus adjustment
A large block deal of 1.56 million HDFC bank shares was executed just a day after the bank’s stock price adjusted for its recent 1:1 bonus issue, which took effect on Tuesday. Block deals are bulk trades between big investors, executed via a separate window to avoid adding volatility to regular market trading.
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