Economy HDFC shares hit fresh all-time high on rate cut hope ahead of RBI monetary policy review Updated : June 03, 2019 04:27 PM IST Housing Development Finance Corp ltd (HDFC) shares hit a new all-time high of Rs 2,218.30 in trade on Monday amid hopes of rate cut ahead of the Reserve Bank of India's bi-monthly policy review. The non-banking financial arm of HDFC group opened higher at Rs 2,200, up from its Friday's close of Rs 2,182.65. The Reserve Bank of India's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy on Thursday. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.