SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

HDFC tumbles after Goldman Sachs downgrade to 'sell'

Goldman Sachs alo reduced target price on stock citing growth concerns

Related News

Housing Development Finance Corp, country's biggest mortgage lender, declined nearly 2% in early trades this Friday after global brokerage firm cut its rating to 'sell' from 'neutral' citing concerns India's economy would recover at a "modest" pace and the prospect of rising competition.

Goldman also downgraded its target price on to Rs 740 from Rs 790.

At 9:40AM, HDFC shares fell  1.7% to Rs 801.25 today.

Read more on:   
|
|

Read More

Gujarat Gas gains on strong Q3 performance

Gujarat Gas gains on strong Q3 performance

Recommended for you

Quick Links

Market News

Sensex, Nifty extend losses; TCS, L&T down 2%

The 30-share Sensex was down 120 points at 29,260 and the 50-share Nifty was down 45 points at 8,878

Suryalata Spinning extends rally on preferential issue plan to promoters

The stock up 9% at Rs 166, extending its 22% rally in past two trading sessions on BSE.

FTSE adds 9 Indian firms as large-caps in Asia-Pacific ex-Japan index

Move may ead to net inflows of nearly $150 million in Indian shares

Cardamom up 4% as spot demand picks up

Spice for delivery in April gained 0.72%

Aban Offshore surges as arms redeem bonds worth Rs 1,335 crore

The stock rallied 7% to Rs 514 on back of heavy volumes.

 

Back to Top