The market rally also had the cash segment of the market jumping to a record 25 per cent in December 2023, according to an analysis by Icra Ratings
The blue-chip NSE Nifty 50 shed 0.51% to 21,462.25, while the S&P BSE Sensex lost 0.44% to 71,186.86
Stock market highlights on January 18, 2024: HDFC Bank slipped 3 per cent after falling over 8 per cent Wednesday
The management said, during the period, the bank registered growth in all the desired segments with a focus on quality asset across all verticals
The board of directors of Sobha are scheduled to meed on Monday, January 22, 2024, to consider the proposal of fund raising by way of equity shares through rights issue.
The Nifty has declined over 3 per cent in the last two trading sessions, and is seen trading below its 20-DMA for the first time since November 07, 2023.
The sharp fall in the last two-days has dented the charts of HDFC Bank, suggesting further downside amid some consolidation.
Shares of Cosmic CRF were locked in the 5 per cent upper circuit on BSE at Rs 916.65 in a weak market
On a consolidated basis, Q3 revenue was up 26 per cent year-on-year (YoY) at Rs 1,824 crore. Net profit jumped 69 per cent to Rs 741 crore on YoY basis
HDFC Bank accounted for nearly 60 per cent of the benchmark S&P BSE Sensex's 1,628-point decline on Wednesday
Stocks to Watch on Thursday, January 18, 2024: The ADRs of HDFC Bank tanked another 9 per cent on the New York Stock Exchange on Wednesday, after falling around 7 per cent the day before
Technical indicators for Nifty Pharma are aligning with the bearish sentiment as the RSI has declined to 59, signaling a potential downtrend, as per Ravi Nathani
Individual holdings in nine of the group's 10 stocks at the end of December are higher than they were before the short-seller's attack on the conglomerate, exchange data compiled by Bloomberg show
The latest decline in the markets wiped Rs 4.59 trillion off investors' wealth. The India VIX -- gauge of volatility -- rose to its highest since March 2023, ending at 15.08
Foreign investors have bet big on India since Modi came to power in 2014, with the likes of Apple, Samsung, Kia, and Airbus expanding operations
Foreign Institutional Investors (FIIs) were net buyers in the equity market on Tuesday as they bought shares worth Rs 656.57 crore, according to exchange data
Shares of India's IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50's 13.9% gain
Stock market highlights on January 17, 2024: The Nifty Bank, Financial Services, and Private Bank indices declined over 4 per cent each.
China's economy in the fourth quarter expanded by 5.2% year on year, missing analysts expectations and calling into question forecasts that see Chinese demand fuelling 2024 global oil growth
Stock market crash today: HDFC Bank's disappointing Q3 performance abetted profit booking in Sensex and Nifty along with a global market rout as rate cuts-related optimism waned