HDFC Bank allots over 311 cr shares to HDFC Ltd shareholders as part of share swap
HDFC Bank has approved continuation of 1,47,57,600 warrants issued by HDFC Ltd in the name of bank as successor on the same terms and conditions, it said.
Mufti-owner Credo Brands Marketing files draft papers with Sebi for IPO
Bennett Coleman and Co currently holds 12.36% stake in the company, the third largest shareholder after Kamal Khushlani, who has 33.84% stake and Poonam Khushlani (27.62%).
Want loan against equity mutual funds: 6 dos and don’ts investors must take note of
Borrowing against units should generally be used for meeting short-term fund requirements only and not for creating long-term leverage in the portfolio, says Chief Executive Officer at Trust Mutual Funds
Nithin Kamath on how to protect yourself from cyber frauds in the world of AI
Under two-factor authentication, the first factor in a login is a password, but it has the risk of being easily compromised. The second is an additional factor to secure your account, which has biometric authorization, TOTP (time-based expiring codes) etc. This makes account compromise much harder.
6 FMCG stocks touch new 52-week high, gain up to 26% in a month
Gainers and Losers: TCS, HDFC Life among top stocks in action on Friday
Indian markets ended at fresh lifetime highs on Friday led by a surge in IT stocks.
Tech View: Nifty base shifts to 19,200 from 19K. What traders should do next week
As far as levels are concerned, 19400-19300 is likely to cushion any short-term blip, while the sacrosanct support lies around the bullish gap of 19200. The next pitstop could be seen around 19650-19700 on an immediate basis, said Osho Krishan of Angel One.
7 stocks added by over 20 MF schemes in June see up to 110% surge in CY23
The recent MF Analysis by ETMarkets revealed that seven stocks were added to the portfolios of at least 20 MFs in June ’23 compared to May ’23.
What India’s biggest fund house SBI MF bought & sold in June
SBI MF’s prominent additions last month were HDFC AMC, RIL and KIMS while its major reductions included Maruti Suzuki and Sun Pharma.
With 8% gains YTD, India still underperforming in global bull race; will it catch up?
Thanks to foreign investors’ relentless buying, the benchmark Nifty50 and Sensex have risen more than 15% from the March lows and reached new highs. Indian equities also joined the club of the best-performing markets in 2023. However, compared to other emerging and developed market peers, India underperforms.