HDFC Bank Q2 preview: Given higher advances growth, and rise in lending rates, analysts believe margins are likely to be up around 10-15 basis points quarter on quarter
Here are trading strategies for key banking stocks that will help you maximise your gain.
Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.
In Q4FY22, the bank recorded a 22.8 per cent rise in its net profit year-on-year.
Merrill Lynch India Equities Fund Mauritius Ltd on Tuesday offloaded 3.86 lakh shares at avg price of 1,306 per of private lender HDFC Bank for around rs 51 crore through open market transaction
HDFC Bank Q4 result analysis: We have seen a de-rating of the bank's multiple in recent years and we are again at a point where the risk of further de-rating is high, analysts say
On Saturday, HDFC Bank posted a 23 per cent jump in standalone net profit to Rs 10,055.20 crore for the March quarter
ICICI Prudential Life Insurance seems to be headed towards the 200-DMA, while Infosys and HDFC Bank need to be monitored closely over the next few trading sessions.
The stocks of HDFC and Bajaj Group are not showing any exciting picture on tech charts at the moment
To better understand the market direction in the days ahead, traders and investors consider the 200-DMA as a more reliable average than its peers 50-DMA and 100-DMA.
Net interest income jumps 13% to Rs 18,443.5 crore in Q3FY22, backed by a 16.5% growth in advances
The lender's net interest income, the difference between interest earned and interest expended, grew by 13% to Rs 18,443.5 cr in Q3FY21
HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.
Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs; two Tata Group stocks zoom over 2,400% in one year; Vedanta slides over 6% on weak Oct-Dec aluminium output
HCL Technologies and D-Mart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level
HDFC Bank Q2 preview: Gross non-performing assets (GNPA) ratio may rise on a yearly basis but remain largely stable sequentially, believe analysts.
A red flag gets activated whenever the foreign shareholding is less than 3 per cent of the permissible limit, which in HDFC Bank's case is 74 per cent
Will raise issuance to 500,000 credit cards per month beginning February 2022
The scrip surged 3 per cent at Rs 1,564.75 on the BSE in intra-day trade on Wednesday and was among the top gainers on the BSE barometer
HDFC Bank disappointed, while ICICI Bank's Q4 boosted sentiment lifting many peers too