If you are planning to buy a house and looking for a home loan for the same, you would ideally be looking not only for a bank that can give you money as early as possible but also the one that charges a low rate of interest. After all, the marginal difference in the interest …
India’s leading private sector bank HDFC Bank will release its fourth quarter numbers today along with a few other companies, closing what was a hectic week of corporate earnings. The numbers were mixed for IT companies as TCS Q4 results beat the estimates, while Infosys struggled with softer FY25 and revenue miss. Other companies which …
After a recent record-breaking rally, equity indices plunged 1% on Friday on across-the-board profit taking as US inflation data dashed hopes of a rate cut by June. Stocks that were in focus included names like HDFC Bank, which fell 1.31%, Zomato, which declined 1.63%, and CAMS, whose shares rose 2.1% on Friday. Here’s what Santosh …
Nifty Bank, which hit a fresh lifetime high above 49,000 last week, has given an average return of 5% during the March quarter earnings season 7 out of 10 times in the last 10 years, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts from a chat with James on the market outlook …
Technical charts indicate a continuation of the positive trend going ahead, with the India VIX currently trading below 12. Any market dip presents a buying opportunity, as technical analysts predict Nifty will move towards the 22,800-23,000 levels soon. Stocks such as Vedanta, Hindalco, JSW Steel, City Union Bank, Canara Bank, HDFC Bank, ABB, ITC, HUL, …
Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 pack took a Rs …
Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Kotak Institutional Equities on Dr Lal PathLabs: …
The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent. The market valuation of TCS tanked …
JioCinema, the Indian Premier League’s (IPL) official streaming platform, saw 11.3 crore viewers log on to the platform on day 1 of the tournament, which is a 51% increase in viewers compared to the previous edition. According to an official statement, JioCinema achieved a record 59 crore video views on IPL 2024’s opening day, generating …
Brokerage Jefferies initiated coverage with a buy rating on Shriram Finance while UBS maintained a buy rating on Dr Lal PathLabs and Reliance Industries. Bernstein has an outperform rating on HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Shriram Finance: Buy| Target Rs …