Nifty 50 posts best week in six years, HDFC Bank sees major position liquidation

Nifty 50 posts best week in six years, HDFC Bank sees major position liquidation

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The Nifty 50 index experienced its strongest weekly performance in six years, with significant contributions from the Multi-Time Frame (MTF) book. HDFC Bank saw the largest liquidation in positions, dropping by ₹883 crore to just over ₹2,100 crore as of November 6, while its shares surged 14%, marking the best weekly gain since February 2021.

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Originally published by gnews