Swiss financial services company UBS Group on Wednesday bought shares of private sector lender HDFC Bank for over Rs 543 crore through an open market transaction. According to the block deal data available on the BSE, UBS Group's arm UBS Principal Capital Asia purchased 30.72 lakh shares of Mumbai-based HDFC Bank. The shares were picked up at an average price of Rs 1,768.05 apiece, taking the transaction value to Rs 543.27 crore. These shares were offloaded by Paris-based BNP Paribas through its affiliate BNP Paribas Financial Markets at the same price. Shares of HDFC Bank rose 0.59 per cent to close at Rs 1,778.85 apiece on the BSE. In a separate block deal on the BSE, Goldman Sachs bought 5.52 lakh shares of Five-Star Business Finance for over Rs 45 crore through an open market transaction. The shares were acquired at an average price of Rs 824 apiece, taking the aggregate deal value to Rs 45.50 crore, the data showed on the exchange. Meanwhile, Singapore-based Duro Capital th
Stocks to Watch: Indian markets were likely to start on a positive note on Monday, as indicated by GIFT Nifty futures that were at 25,900, around 150 points ahead of Nifty futures' last close.
Fresh equity offering upto Rs 2,500 cr plus offer for sale
The Bollinger Bands on the daily scale had contracted to an extremely narrow range of Rs 1,620 - Rs 1,655; thus warranting a breakout in the near-term. Here are the key levels to watch out now.
InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.
Analysts, on their part, are of the view that long-term investors could continue to hold the stock
Broad-based selling pressure as declining stocks exceed advancing by over two
MSCI India August rejig: 7 stocks to be included in the India Index, HDFC Bank weightage to increase in 2 tranches; Bandhan Bank on its way out.
Analysts at Nuvama expect an inflow of $281 million in Dixon Technologies as a result, followed by Vodafone Idea at $278 million
HDFC Bank share price outlook: analysts see HDFC Bank's LDR, which is the highest amongst peers, to fall below the level in about two years
Technical charts suggest that Paytm is likely to trade with a favourable bias; while others may display a subdued trend in the near-term.
All you need to know before the market opens on Monday: Indian stocks to react to RIL, HDFC Bank and other Q1 results. Technical analysts see Friday's fall as a warning sign on charts; find out why.
HDFC Bank Q1 FY25 results 2024 preview: Analysts at ICICI Securities expect HDFC Bank to report around 2.5 per cent Y-o-Y growth in deposit, but "even slower loan growth on a Q-o-Q basis
The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)
HDFC Bank's weightage in it will double, leading to strong inflows. Following the disclosure, the bank's share price touched an all-time high but since then it has shed some of its gains
Shares of HDFC Bank slipped 3.82 per cent at Rs 1660 per share on The BSE in Friday's intraday trade. In the last two trading sessions, the counter has slid by 6.1 per cent
Stocks to watch today, Friday, July 5: Bajaj Auto is all set to become the world's first two-wheeler company to launch a CNG bike
Despite a near 5 per cent rally in HDFC Bank, the derivatives data shows tepid buildup in open interest; options data indicate strong resistance likely in the Rs 1,820 - Rs 1,835 range this July.
This is on hopes that lender's weight in MSCI Emerging Market index will double in August
Stock Market Highlights on July 3: In the broader markets, the BSE MidCap and the BSE SmallCap index rose 0.86 per cent each.