“Gaurang Shah of Geojit Investments is bullish on HDFC Bank, setting a target price range of ₹1,100–₹1,150. He believes the Q3 results, which were in line with expectations, should stabilize investor sentiment, as the recent stock correction was primarily due to FII selling rather than company-specific issues. Shah notes that fundamentals remain intact, with branch expansion, stable margins, and easing funding costs supporting medium-term earnings, suggesting limited downside risk and recommending accumulation on declines for long-term investors. He also finds the broader BFSI sector attractive.”