Page 23 - Hdfc

Market Ahead, July 27: Top factors that could guide markets this week

This week, domestic equity markets will largely be steered by corporate earnings, developments on US-China relations front and Covid-19 trends

Financial stocks crack; Nifty Bank tanks 4%; Axis Bank, SBI slide up to 5%

That apart, NBFC stocks such as Bajaj Financial Holding, Bajaj Finserv, M&M Finance, Choldamandalam Investment and Finance Company, and Bajaj Finance tumbled up to 5 per cent

HDFC plans to seek shareholders' approval to raise Rs 45,000 crore

The board of directors of HDFC Ltd will meet on July 30 to announce the quarterly results for the first quarter ended June of the current fiscal, it said in a regulatory filing.

Top headlines: PBOC sells stake in HDFC, Vikas Dubey killed & more

Here are the top headlines of the day

HDFC's board approves raising up to Rs 14,000 cr through various means

The funds will be raised through issuance of equity shares or compulsorily-convertible debentures, non-convertible debentures along with warrants, foreign currency convertible bonds

Pullback on the higher side likely if Nifty holds 10k: Nilesh Jain

The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note

HDFC cuts prime lending rate by 20 bps, move to benefit home loan customers

Following the rate cut, the new rates of HDFC will be in the range of 7.5% to 8.5%

HDFC plans to raise up to Rs 4,000 cr via bonds; stock ends 1.25% lower

The issue, set to close on the same date (June 15), will offer coupon rate of 7.25 per cent per annum payable annually. The date of redemption is June 17, 2030.

Financial sector drags down Nifty's P/B value below historical average

Index trading at price-to-book ratio of 2.9x, compared to 20-year average of 3.5x

HDFC offloads 26 million shares worth Rs 1,274 crore of HDFC Life

According to bulk deal data available with the BSE, a total of 26,000,000 shares of HDFC Life Insurance Company were sold by its promoter HDFC

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Rising bankruptcies among global retailers to hurt Indian IT firms

Retail majors JC Penney, Neiman Marcus and Aldo Group collectively owe $8.7 million to TCS, say bankruptcy filings

Here's why Gaurav Garg of CapitalVia is bullish on the HDFC twins

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

High risk aversion of most lenders is astounding, says Bajaj Finserv CMD

Instead of extending the moratorium by another three months, it would have been better to allow lenders to offer a one-time restructuring only to those who need it, says Sanjiv Bajaj

Sensex slips 477 pts from day's high, ends 63 pts lower; IT stocks decline

All that happened in the markets today

HDFC advances over 3% as Q4 nos beat Street expectations, pares gains later

The mortage lender on Monday reported a 22 per cent decline in net profit at Rs 2,233 crore in the fourth quarter, compared to Rs 2,862 crore in the year-ago period.

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19