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
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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.
Reliance Industries and Jio Financial Services are among the top holdings in most schemes
ICICI Bank, IndusInd Bank, IDFC First Bank, Bandhan Bank and Federal Bank from the private sector and Bank of Baroda PNB and SBI from the public sector slipped in the range of 1 per cent to 3 per cent
The stock hit a high of Rs 1,734.90 in intra-day deals on Tuesday, and was seen inching towards its record high of Rs 1,757.80 touched on July 3, 2023.
The NSE Nifty crossed the 23,700 level for the first-time ever; while the Nifty Bank index zoomed past 52,700 levels.
At 02:04 pm; Nifty Private Bank index was up 1.7 per cent, as compared to 0.65 per cent rise in the Nifty 50 and 0.20 per cent gain in Nifty PSU Bank index.
Calendar year 2024 (CY24) will be a good year for 'quality stocks and bonds', according to analysts at Morgan Stanley. Stocks, they said, have priced in a 'perfect landing' scenario
Digital investments part of lender's 'transformation journey', says Parag Rao
The benchmark S&P BSE Sensex dropped by as much as 1,132 points to hit an intraday, while the Nifty 50 dropped to 21,932
Bank Nifty hit a new all-time high on Monday led by a rally in ICICI Bank post inline Q4 results. Analysts upbeat on future prospects of the private sector bank.
HDFC Bank news: On April 20, HDFC Bank reported net profit of Rs 16,512 crore, up 37 per cent year-on-year, but barely 1 per cent quarter-on-quarter
Benchmarks end the choppy week with over 1.5% losses
HDFC Bank Q4FY24 result preview: According to Nomura, HDFC Bank's net profit may grow 40 per cent Q-o-Q to Rs 23,000 crore during the quarter
Shares of HDFC Bank gained 2 per cent to Rs 1,447.5 apiece in the intraday trade after global brokerage Citi gave a 'buy' rating