HDFC Bank shares fell as dip buyers were insufficient following Wednesday's crash, resulting in a loss of Rs 1.3 lakh crore in market capitalisation. Investor concerns include flat NIM despite ICRR withdrawal and decline in LCR. Deposits grew slowly compared to guidance. Jefferies sees potential in HDFC Bank's valuation and emphasizes NIM expansion for stock movement. Nomura downgraded the stock due to funding mix challenges.