Mon, Jan 29, 2024
At around 9:23 a.m., shares of HDFC Bank traded 1.40 per cent or Rs 20.10 higher at Rs 1455.4 apiece. Meanwhile, at around the same time, LIC shares flat at Rs 903.3 apiece.
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Tue, Jan 23, 2024
At the close, Sensex ended with a cut of 1053 points or 1.47 per cent at 70,370.55, while Nifty ended weak by 333 points or 1.54 per cent at 21,238.8.
HDFC Bank shares touched a fresh 52-week low in early trade on Jan 23 extending their post-Q3 earnings slump. The stock fell 1.26% to Rs 1,459.95, further entering oversold territory with an RSI of 24.5. This follows a 10% drop last week after the bank reported its December 2023 results. Market cap dropped to Rs 11.12 lakh crore despite a broader market rally. Analysts' views are mixed, with CLSA maintaining a buy rating while acknowledging investor concerns.
Wed, Jun 29, 2022
Global brokerage houses have issued their ratings on some bank stocks and have changed the targets of some stocks. These stocks include SBI, ICICI Bank, HDFC Bank, and IndusInd Bank.
Wed, Jun 22, 2022
There is huge turmoil in the global markets. Its effect is also being seen in the domestic markets. In the midst of this market volatility, many bank stocks are looking attractive on the basis of corporate development and a strong growth outlook. Global brokerage houses have issued their ratings on HDFC Bank and ICICI Bank stocks and have changed the target of these stocks.
HDFC Bank proposes to double its network of branches in the next three to five years by adding 1,500 to 2,000 branches annually, which would akin to adding a new HDFC Bank every five years, said its managing director and CEO Sashidhar Jagdishan.
Tue, Jun 07, 2022
The parent company of the lender – HDFC along with other banking and finance entities has also hiked the lending rates following an increase in key interest rates.
Sun, Jun 05, 2022
While TCS, Infosys and ICICI Bank were the other gainers from the top-10 pack, HDFC Bank, HUL, LIC, SBI, HDFC and Bharti Airtel faced erosion from their market valuation.
Thu, May 19, 2022
The HDFC bank on Thursday announced that it has carved out a Rural Banking function to penetrate deeper into India.
Sun, May 15, 2022
The market valuation of 8 out of the 10 most valued companies witnessed a combined erosion of Rs 2,48,372.97 crore last week amid a weak broader market trend. Reliance Industries, Tata Consultancy Services, HDFC Bank saw the biggest hit.
Sun, May 08, 2022
Mirroring an overall weak broader market trend, the top-10 most valued firms suffered a combined loss of Rs 2,85,251.65 crore from their market valuations this week.
Fri, Apr 22, 2022
The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to the lack of communication on the merits of the amalgamation on account of silent period ahead of quarterly results declarations, according to a senior executive.
Tue, Apr 19, 2022
Index heavyweights HDFC Bank and Infosys led the market correction on Monday, when benchmarks closed lower by nearly 2%, after reporting lower than expected q4 results.
Mon, Apr 18, 2022
Shares of HDFC Bank dropped more than 4 per cent in on Monday's intrady trade after the leading private lender reported weak net interest margin (NIM) and lower-than-expected net interest income (NII) in the quarter ended March 31, 2022
Investors' wealth tumbled over Rs 3.39 lakh crore in morning trade on Monday as equity markets went into a tailspin, with the Sensex plunging 1,291.93 points.
Shares of index heavyweights such as Infosys and HDFC Bank plummeted up to 9 per cent during Monday’s session on the BSE, after reporting below estimated fourth-quarter results for FY22.
Sun, Apr 17, 2022
HDFC Bank on Saturday said it will raise up to Rs 50,000 crore in the next one year by issuing bonds aimed at financing infrastructure and affordable housing loan requirements of the customers.
Sat, Apr 16, 2022
India’s largest private lender HDFC Bank reported robust earnings in the fourth quarter of the financial year 2021-22 on Saturday.
India’s largest private lender HDFC Bank is scheduled to report robust earnings in the fourth quarter of the financial year 2021-22 (Q4FY22) on Saturday.
Fri, Apr 15, 2022
Stock Markets Next Week: Indian markets are likely to be impacted by multiple triggers when they reopen on Monday after a four day gap. The markets remained shut on Thursday and Friday on account of Ambedkar Jayanti and Good Friday, respectively
Sat, Apr 09, 2022
Housing finance major HDFC Ltd on Friday divested a little over 3 per cent stake in Bandhan Bank, garnering Rs 1,522 crore, through an open market transaction.
Wed, Apr 06, 2022
Except for metals and PSU banks, all other sectoral indices witnessed selling pressure – banks, financials and IT stocks cracked most during Wednesday’s session.
Certain stocks were in action in either direction based on reports linked to them. Here is a list of some of such stocks.
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