Bank Nifty index traded flat with a positive bias on Friday following three consecutive sessions of decline this week. Gains in counters such as Kotak Mahindra Bank, IndusInd Bank, AU Small Finance Bank, and ICICI Bank were offset by selling pressures in Federal Bank, Axis Bank, and HDFC Bank shares. […]
hdfc bank shares
While the banking sector may have underperformed compared to the Nifty over the past 6 to 12 months, it remains poised for significant long-term growth due to India’s largely underbanked population. The Nifty Bank index has gained 8.5 percent year-to-date in 2024, compared to an over 13 percent rise in […]
HDFC Bank released its April-June quarter shareholding data on Tuesday, July 2, which showed that the ownership of foreign institutional investors (FII) in the leading private lender has declined during the quarter-under-review. According to BSE data, the FII ownership in HDFC Bank as of June 2024 stands at 54.8 per […]