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.
Thu, Mar 29, 2018
Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore. The report comes amid a string of banking frauds recently, including the Rs 13,000-crore PNB scam involving billionaire jeweller Nirav Modi and his uncle Mehul Choksi.
Sun, Mar 18, 2018
The market valuation of RIL dropped Rs 7,316.53 crore to Rs 5,70,435.32 crore and that of Oil & Natural Gas Corporation (ONGC) plunged Rs 2,887.48 crore to Rs 2,27,661.59 crore. HDFC's valuation dipped Rs 989.2 crore to Rs 2,99,893.64 crore and that of State Bank of India (SBI) fell by Rs 474.76 crore to Rs 2,18,045.68 crore
Wed, Mar 14, 2018
HDFC Bank credit cards banned for Bitcoin purchases: Global banking giants are already moving fast to secure competitive advantage in this space. In February, a Goldman Sachs backed start-up, Circle, acquired Poloniex, a digital token exchange, for $400 million. JP Morgan has created Quorum, an enterprise focused version of Ethereum.
Sat, Mar 10, 2018
Home-grown mobile wallet company Paytm's Vijay Shekhar Sharma has termed Facebook, which owns Whatsapp, an "evil" company following the launch of payments app
Car, personal and home loans: Those who took car, personal, home loans are set to feel the pinch as their EMIs are going to rise
Sun, Feb 25, 2018
The market capitalisation of Tata Consultancy Services soared by Rs 26,742.6 crore to Rs 5,89,007.15 crore. RIL's valuation zoomed Rs 7,790.98 crore to Rs 5,91,607.74 crore and that of Infosys jumped Rs 6,729.43 crore to Rs 2,52,407.03 crore.
Sat, Feb 24, 2018
The direction comes in the wake of a probe last year that prescient messages about company results had been circulated in private WhatsApp chatrooms before their official release
Sun, Feb 04, 2018
RIL's valuation plummeted from Rs 37,256.05 crore to Rs 5,73,682.16 crore
Wed, Jan 31, 2018
The benchmark indices came under under pressure on Wednesday ahead of the Budget 2018 due on Thursday. The Sensex slipped below 36,000, while the broader Nifty tested its key support of 11,000.
Tue, Jan 30, 2018
Benchmark indices slipped into the negative territory today following the Economic Survey for 2017-18
Mon, Jan 22, 2018
Equity market stayed bullish today after ending last week on new highs, marking its seventh consecutive week of gains
Fri, Jan 19, 2018
The private sector bank had posted a net profit of Rs 3,865.33 crore in the October-December quarter of last fiscal.
A Bloomberg poll of experts projected HDFC Bank’s net profit to come in at Rs 4,720 crore.
Market breadth, indicating the overall health of the market, turned positive. On the BSE, 1,368 shares gained, 1,210 shares declined, while 111 shares remained unchanged.
Thu, Jan 18, 2018
Brokerage Edelweiss Securities noted the move would raise the probability of inclusion in MSCI and higher weights for private banks, which were near the FII threshold limit.
WhatsApp's payments feature is highly anticipated because of the huge popularity of the app across diverse populations in India.
The rally was led by banking stocks with the Nifty PSU Bank (up 1.8 per cent) being the leading sectoral gainer, followed by Nifty Bank (up 1.6 per cent).
Sun, Jan 14, 2018
Barring SBI, rest 9 companies including HDFC Bank, ITC, HUL and Infosys saw rise in their market capitalisation in the week ended Friday
Sun, Jan 07, 2018
The market capitalisation of Infosys slumped from Rs 5,940.34 crore to Rs 2,21,037.56 crore
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