HDFC Bank shares hit a fresh 52-week low of ₹698.50 on Tuesday before trading flat, as investors continued to focus on MD & CEO Sashidhar Jagdishan’s decision not to seek another term and the succession process at the private lender.

HDFC Bank CEO Sashidhar Jagdishan will not seek reappointment and will retire at the end of October.

HDFC Bank shares rose 3% after CEO Sashidhar Jagdishan's exit announcement, with succession plans now under scrutiny.

HDFC Bank shares remain under pressure, falling nearly 30% so far this year as investors assess the lenders CEO succession process. Technical analysts see a weak trend, with key…