HDFC Bank share price were trading in red on Wednesday’s session after global brokerage firm BofA downgraded the bank stock from ‘buy’ to ‘neutral’, as quoted by Moneycontrol. The HDFC Bank stock was slightly down, plunged over 0.48 per cent to ₹1,628 per share. The target price has been lowered […]
HDFC Bank
Eight of the top-10 most valued firms together added ₹1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, in line with a rally in equities. Last week, the BSE benchmark jumped 963.87 points, or 1.21 per cent. The […]
In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far. The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, […]
Stock Market News: Domestic equity benchmark indices, the Sensex and the Nifty 50, began Friday’s session lower due to news from the biggest private lender HDFC Bank that loans fell sequentially in the June quarter. At 9:15 IST, the S&P BSE Sensex fell 0.34% to 79,778.98 points, while the Nifty […]
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 […]
Rahul Ghose, the CEO of Hedged.in, believes that while the Nifty 50 may continue its positive momentum, it may not yield similar returns as in the last six months. He expects to see a consolidation in the broader indices. Nifty 50 can be in a broader range of 25,000 on […]
The market capitalisation of nine out of the top ten most valued companies in the Indian stock market collectively added ₹2,89,699.42 crore to their market valuation last week, with Reliance Industries emerging as the top gainer. This rise aligns with a broader rally in equities. The BSE benchmark index saw […]
The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty 24,100 points for the first time, […]
It appears that the bulls have asserted complete dominance over the Indian market, leaving no opportunity for the bears to intervene. Achieving new record highs, surpassing significant milestones, and establishing fresh benchmarks have become routine during this recent bullish phase. Consequently, leading Indian indices have consistently surpassed their previous record […]
“As envisaged in Feb-24 report, Nifty sailed through election based volatility and approached our target of 23400, Post election outcome, as anxiety settles down, while reigniting expectations on reforms agenda, budgetary allocations and earnings, markets have once again resumed upward trajectory,” said the firm in a note. The brokerage firm […]