MUMBAI: HDFC Bank on Thursday rose by over 4 percent on the Bombay Stock Exchange on buying by investors at attractive lower levels.

This is a good strategy to trade in market that if market is going down then buy good stock at low price and after some time it will definitely give a good return.

The stock, which was the top gainer among the 30-Sensex scrips, surged 4.15 percent to close at Rs 2,183.80 on BSE. In the intra-day trade, the scrip had gained 4.49 percent to touch a month's high of Rs 2,191.

On the National Stock Exchange, HDFC Bank settled 4.64 percent higher at Rs 2,192.

On the volume front, over 12 lakh shares of the company were traded on the two bourses.

Besides, other major banking stocks, including SBI and ICICI Bank closed in the green. Country's top lender SBI settled higher by 0.96 percent, while ICICI Bank closed up by 0.46 percent.

Meanwhile, the BSE barometer Sensex closed with a gain of 205.92 points at 18,506.82 points.

So that is the indication for the bank nifty.