According to Elara, several conditions that historically accompanied market bottoms are visible in the current market.
Jefferies believes that a potential AI-trade reversal, any equity tax relief, resilient domestic macro, reasonable large-cap valuations and light positioning could sustain these flows.
Outstanding margin trading positions fell 4.65 per cent to ₹1.44 trillion in October, ending five months of growth as investors moderated leveraged exposure, NSE data showed
Spending drops 5.9% in Sep to Rs 2.04 trillion against a high year-ago base
Country's largest private sector lender HDFC Bank on Tuesday said that Anup Bagchi has taken charge as its managing director and chief executive. His predecessor, Sashidhar Jagdishan, vacated office on Monday after the completion of his term, the bank informed exchanges. Bagchi, an ICICI Group veteran, is the first outsider to head HDFC Bank in its over-three-decade history. His previous assignment was as the MD and CEO of ICICI Prudential Life Insurance. He joins HDFC Bank at a time when the lender is battling a slew of challenges, including ones on core income growth and margins, which have made investors wary. In brief comments on an earnings call which he attended, Bagchi said a part of the work on the bank's 2023 merger with housing finance major parent HDFC is yet to be executed and also announced that he will be meeting all the stakeholders to better understand the bank. Bagchi had also appreciated the strong and committed leadership at HDFC Bank, amid speculation over whe
The Flexi Electric Car Loan offers separate financing for the vehicle body and battery, allowing customers to customise EMIs and repay the battery portion over a longer tenure
The combined market valuation of eight of the top 10 most valuable firms fell by Rs 1.55 lakh crore last week, with HDFC Bank and Bajaj Finance accounting for most of the losses. In a holiday-truncated week, the 30-share BSE Sensex tumbled 1,605.44 points, or 2.15 per cent, while the 50-share NSE Nifty slumped 546.15 points, or 2.36 per cent. Tracking the weak trend in equities, the total market capitalisation of BSE-listed firms fell by Rs 20,78,774.28 crore over four sessions to Rs 4,51,83,393.14 crore from Rs 4,72,62,167.42 crore recorded on October 16. Among the top 10 listed companies, eight lost Rs 1,55,671.9 crore, while two, Tata Consultancy Services and Larsen & Toubro, closed the week with valuation gains. Among major losers, the market valuation of HDFC Bank tumbled Rs 55,506.95 crore to Rs 10,67,121.12 crore. The company's stock fell 5 per cent during the last week. Bajaj Finance's valuation eroded by Rs 34,180.51 crore to Rs 5,77,146.21 crore. The market valuation of
HDFC Bank is conducting an internal review into an alleged leak of confidential information, with two executives potentially identified; action will follow the findings
HDFC identified the executives during an internal investigation that began after some leaders grew concerned about the possibility of information being leaked
Limited overseas reach constrained FCNR(B) deposit mobilisation; incoming chief Anup Bagchi may explore expansion as the lender reviews its strategy
HDFC Bank share price: HDFC Bank reported a 4.7 per cent year-on-year (YoY) increase in net profit to ₹19,510 crore in the second quarter of FY27.
Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today.
HDFC Bank faces a major leadership transition as several senior executives prepare to exit, with incoming MD & CEO Anup Bagchi tasked with rebuilding the bank's top management team.
Incoming CEO Anup Bagchi says his long-term goal is to deliver sustainable value for shareholders, employees and clients, while focusing on disciplined growth and governance
Net interest income rose 9.7 per cent to ₹34,620 crore and deposits grew 18.8 per cent, while lower treasury gains and higher expenses capped profit growth
Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)
Q2FY27 company results: Firms including IDBI Bank, Central Bank of India, Punjab & Sind Bank, India Cements, and Ixigo are also to release their July-September earnings today
HDFC Bank Q2 results preview: While deposit growth is expected to be strong, supported by strong FCNR(B) inflows, pressure on margins is seen.
HDFC Bank's incoming MD and CEO Anup Bagchi urged finance professionals to prioritise society over personal ambitions, uphold public trust and build careers on integrity
The bank's move to increase its whole-time director strength to five could encourage other systemically important lenders and upper-layer NBFCs to build deeper leadership pipelines