Representative Image Mumbai: Sensex fell by 300 points on Wednesday as the selloff in equities continues. Indian equities continued to sell off for the fourth consecutive session on Wednesday. BSE Sensex was trading at 73,201 points, down by 309 points. Benchmark indices have closed in the red for three sessions in a row. Indian markets … Read more
Stocks To Watch On May 6: Equity markets witnessed profit booking and came under pressure on Friday amid cautious investor sentiments. In today’s trade, shares of YES Bank, Godrej Consumer, Kotak Bank, IDBI Bank, DMart, Titan among others will be in focus due to various news developments and quarterly earnings. Results on May 6: Lupin, … Read more
Stocks to watch on April 2: Equity market started the week with modest gains and hit new life highs, gaining over half a percent. In today’s trade, shares of ABFRL, Hero MotoCorp, Infosys, RIL, Bharat Electronics will be in focus due to various developments and monthly business updates. Infosys: The IT services major has received … Read more
Sales of luxury vehicles are growing at a quick pace in India, so is the demand for loans to finance those purchases. Banks such as HDFC Bank, ICICI Bank, Bank of Baroda, Axis Bank and Kotak Mahindra Bank, as well as non-bank lenders and captive financiers of automakers like Mercedes-Benz and BMW are seeing a … Read more
Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI The combined market valuation of seven of the top-10 most-valued firms eroded by ₹1.16 lakh crore last week, with HDFC Bank emerging as the biggest laggard. In the holiday-shortened week, the BSE benchmark fell by 982.56 points or 1.37 per … Read more
Image for representation. | Photo Credit: Reuters HDFC Bank, India’s largest private sector lender, will take 4-5 years to fully digest its merger with its parent last July but expects to restore a key financial metric to pre-merger levels at the end of that period, two sources familiar with the bank’s thinking said. The lender’s … Read more
New Delhi: Markets have slumped further with the BSE Sensex now plunging more than 1,600 points in afternoon trade on Wednesday. Sensex is down 2.2 per cent or 1,611 points at 71,516 points. Private sector banks, metals are leading the market fall which is awash in a sea of red. Private sector bank stocks are … Read more
Tata Motors on Thursday said it has partnered with HDFC Bank to provide digital financing solutions for its commercial vehicle customers. The two companies have signed a Memorandum of Understanding (MoU) to this effect, Tata Motors said in a statement. Under this partnership, Tata Motors customers can now seamlessly access HDFC Bank’s vehicle financing solutions … Read more
