Crude oil has started slightly higher, while US markets ended Friday with a mild decline. But the biggest domestic headline remains HDFC Bank CEO Sashidhar Jagdishan’s decision to step down on October 26.<\/p>\n
Jagdishan will not seek reappointment, and the bank has fast-tracked the search for his successor. The development comes after months of leadership and governance concerns around the lender.<\/p>\n
##FIIs Booked Heavy Profits
\nInstitutional Activity \u2014 28 August 2026<\/p>\n
\u2022 FII Cash Market: -\u20b95,039.80 Cr<\/p>\n
\u2022 DII Cash Market: +\u20b95,183.93 Cr<\/p>\n
\u2022 FII Index Futures: -\u20b9774.13 Cr<\/p>\n
\u2022 FII Index Options: +\u20b9298.58 Cr<\/p>\n
\u2022 FII Stock Futures: +\u20b9148.46 Cr<\/p>\n
\u2022 FII Stock Options: +\u20b9100.96 Cr<\/p>\n
##HDFC Bank Will Be the Big Focus<\/p>\n
The CEO exit is likely to keep HDFC Bank at the centre of Monday’s trading.
\nReuters reports that Deputy MD Kaizad Bharucha and an external candidate are among the possibilities being considered.<\/p>\n
@@US Markets: Mildly Negative<\/p>\n
Friday’s US session ended slightly lower after Fed Chair Kevin Warsh’s hawkish inflation comments.<\/p>\n
\u2022 Dow: -0.02%<\/p>\n
\u2022 S&P 500: -0.25%<\/p>\n
\u2022 Nasdaq: -0.52%
\nHigher bond yields and increased expectations of a September rate hike weighed on equities.<\/p>\n
$$Gold Takes a Sharp Correction<\/p>\n
Gold also had a major correction over the weekend.<\/p>\n
Gold fell around 3.2%, while silver dropped more than 4%, after the hawkish Fed outlook pushed bond yields and rate-hike expectations higher.<\/p>\n
This could keep gold-linked stocks in focus:<\/p>\n
!HINDZINC | Vedanta | Titan | Kalyan Jewellers | Senco Gold
\nMuthootfin | Manappuram<\/p>\n
$$$Bottom Line<\/p>\n
Monday’s biggest battle is between FII selling and DII support \u2014 with HDFC Bank’s CEO exit adding another layer of uncertainty.<\/p>\n
The market may remain volatile, but the real focus will be on HDFC Bank, financials and gold-linked stocks.<\/p>\n
Watch the institutional flows closely \u2014 because after Friday’s heavy FII selling, the ability of DIIs to absorb further pressure could determine how deep any market weakness becomes.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-178344","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/178344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=178344"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=178344"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=178344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}