How merged balance sheet of HDFC-HDFC Bank looks like? Here’s a snapshot
The merged entity’s gross advances aggregated to approximately Rs 22,45,000 crore, growth of around 13% over Rs 19,85,900 crore as of June 30, 2022.
India should push to add its bonds to global indexes: RBI report
The central bank has allowed 17 banks to settle trade in rupees in 18 countries and 65 vostro accounts have been opened for the purpose, RBI Governor Shaktikanta Das said in May
6 PSU stocks touch new 52-week high, rally up to 35% in a month
The 52-week high is an important milestone for certain traders and investors, serving as a vital technical indicator to assess the present value of a stock and anticipate possible price fluctuations. It signifies the highest price at which a stock has been traded in the preceding year.
Index Rejig: JSW Steel to replace HDFC in Sensex from July 13
HDFC will be replaced with Zomato in BSE 100 index. HDFC Ltd will be removed from all the other BSE indices. Besides HDFC, TVS Motor Company, Hindustan Aeronautics, and Apollo Tyres have also been removed from a few indices of the exchange
Gainers and Losers: HDFC twins, Hero MotoCorp among top stocks hogging limelight today
While the broader Nifty50 finished at 19,398.50, higher by 9.50 points or 0.05%, the 30-stock Sensex closed at 65,446.04, down by 33 points or 0.05%
Tech View: Nifty forms Inside Bar candle on daily chart. What traders should do on Thursday expiry
Options data suggests a broader trading range between 19100 to 19600 zones while an immediate trading range between 19250 to 19500 zones. The hourly Bollinger bands are contracting, indicating rangebound price action.
Himachal govt signs MoUs for production of drones to promote technology-driven governance
An MoU was signed with SkyeAir for an unmanned traffic management solution to oversee flight operations, in collaboration with the Department of Digital Technologies and Governance, Chaudhary Sarwan Kumar Himachal Pradesh Agricultural University (CSKHPKV) and IIT Ropar, it added.
RJio’s “Bharat” connect a good move, but not good enough to woo RIL investors
The underperformance in the stock was because the Street saw limited earnings upgrade triggers and lower visibility on event-based triggers such as listing of Jio and/or Reliance Retail, besides concerns over high capex and resultant rising net debt.The initial euphoria around RIL’s foray into the financial services business also faded given the lack of visibility […]
Senco Gold IPO sails through on Day 2 of bidding process
Ahead of the IPO, Senco Gold raised Rs 121 crore in the anchor round, which saw the participation of marquee investors, including Nippon MF, White Oak, Jupiter asset management, Bandhan MF, and 3P India Equity Fund, among others. 3P India Equity Fund is owned by Prashant Jain.
6 stocks on which brokerages initiated coverage ahead of Q1 results
Ahead of Q1FY24, a host of brokerage firms have initiated coverage on several counters, and the majority of them remain positive on them.