#A3RT ``TRUST AND TRADE``

Shares of #HDFCBANK were the worst hit, down over 8 percent after the lender's December quarter results continued to reflect pressure on net interest margin even though headline numbers met market expectations.

The stock has the highest weightage on the Nifty 50 at 13.52 percent and hence a selloff in the counter mounted pressure on the headline index.

To make matters worse, the selloff also rubbed off on other banking stocks,  with #KotakMahindra Bank, #ICICIBank and #SBIN falling 2-4 percent.

The #NiftyBank was also the worst-performing sectoral index, down over 4 percent.

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