The company's customer addition during the pandemic was low in absence of an online demat account opening facility and onboarding of only parent bank customers
Capital goods as a sector looking good on the chart
Holding company discount in India could narrow in the long-run, says HDFC Securities
A larger correction is likely once the 16,782 supports are broken
The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
To confirm short term trend reversal, Nifty needs to breach the low of 18,377 in the coming sessions
The stock price of PFC has broken out from the downward slopping trendline on the weekly chart
The stock of Indian Bank has broken out from ascending triangle on the weekly charts
Global crude oil prices are expected to remain elevated in medium term, said HDFC Securities.
The stock price of Alkem Laboratories has broken out on the daily chart
The broader trend for the Nifty remains bullish, with short-term support and resistance at 17,254-17,438 for the NSE index
Pidilite Sept futures have seen long build up, the open interest has increased by 18 per cent with 5 per cent rise in price.
The stock price has broken out on the daily line chart, with higher volumes, to close at all-time high levels
While it is good to see the government take this step, the question remains whether investors who have obtained an award that comprises of interest component will take up the offer.
A severe third wave of the Covid pandemic, he says, is not priced into investor expectations at this time
The stock price has broken out on the daily line chart with higher volumes to close at its highest level since July 16, 2021
The markets are expected to remain range-bound and choppy unless the range of 15,550-15,950 is taken out on the either side in Nifty
Hero MotoCorp's stock has broken down below the last six week's price consolidation
HDFC Securities is creating its own discount broking architecture to compete with new-age firms like Zerodha which are eating into market shares of entrenched players in the business
Financial institutions are likely to exercise 'Restructuring 2' for stressed assets, in the absence of a moratorium, said HDFC Securities