Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL

HDFC Bank, Infosys, Yes Bank, Hindustan Zinc, and RVNL are in the spotlight as Indian equities continue to decline due to rising global bond yields and high crude oil prices. The Nifty 50 and the BSE Sensex have both fallen significantly, with the Nifty 50 down by 198.50 points and the Sensex decreasing by 570.59 points. Amidst this market downturn, key companies like HDFC Bank and Infosys have made important corporate announcements, including HDFC Bank's appointment of a new Managing Director and CEO following regulatory approval.

Why it matters

Rising global bond yields and high crude oil prices are putting pressure on Indian equities. This is causing a decline in the Nifty 50 index, which has fallen for the eighth consecutive week.

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