HDFC Bank Q4 Update: Gross advances jump 55% YoY to Rs 25.08 lakh crore; deposits rise 26%
HDFC Bank reported a 55.4% YoY growth in gross advances to Rs 25.08 lakh crore. Domestic retail loans saw a significant increase. Deposits reached Rs 23.80 lakh crore, including CASA deposits at Rs 9.09 lakh crore.
Bharti Hexacom IPO booked 50% so far on Day 2. Check GMP and other details
Bharti Hexacom’s IPO is completely an offer-for-sale and has no fresh equity issue. The company’s shares were trading with a premium of Rs 40 in the unlisted market ahead of the issue launch.
Gold Price Today: Yellow metal hits new lifetime high of Rs 69,918/10 grams; 2024 gains swell up to Rs 6,600
Gold hit yet another lifetime high in the opening trade on Thursday taking cues from the international commodity prices. US Fed chair Gerome Powell’s statement that the recent job numbers and higher-than-expected inflation readings do not significantly alter the central bank’s monetary strategy, lifted the investor mood for bullion triggering a fresh wave of buying […]
EV not a fad but a structural change in auto industry: Ravi Pandit, KPIT Technologies
I believe both these present extraordinary opportunities for not only growth for auto industry and technology companies like us, but I think it promises a very-very good future for a country like India because it can bring in energy security, it can bring in better air and all that. So, we are really very-very excited […]
Trust Fintech stock lists at 42% premium on NSE SME platform
Trust Fintech debuted on NSE SME platform at a 41.8% premium. The IPO had overwhelming investor response, issuing 62.82 lakh shares. Proceeds will be utilized for various purposes including development and global expansion.
F&O stocks to buy today: BEL, Axis Bank among top 6 trading ideas
The Nifty future closed positive with gains of 0.14% at 22546 levels on Wednesday. India VIX was down by 2.40% from 11.65 to 11.37 levels. Volatility has been cooling off from the last three sessions.
Hot Stocks: Brokerage view on L&T Finance, Federal Bank, D-Mart and RBL Bank
Citigroup maintains sell rating on RBL Bank with Rs 257 target. Macquarie has outperform rating on D-Mart with Rs 4500 target. Avenue Supermarts shows stable sales growth. Federal Bank also under Citigroup’s sell rating at Rs 135.
Indian rupee to rise modestly against dollar in next three months: Poll
While most emerging market currencies have weakened against the dollar so far this year, the rupee has traded in a tight range of 82.64/$-83.45/$ and is down less than 0.5%.
F&O Ban List: SAIL, Zee & one more stock under trade ban on Thursday
Three stocks – Hindustan Copper, SAIL, and Zee – were on the F&O trade ban list due to high open interest. Hindustan Copper delivered exceptional returns in FY2024, while Zee witnessed a significant price decline post the Sony deal failure.
Take the SIP route to join Trust MF’s hunt for ‘gorillas’
The fund, which will be managed by Mihir Vora and Akash Manghani, will manage a portfolio of 40-50 stocks. The fund managers will combine investment philosophies including growth at a reasonable value (GARV) and terminal value (TV) to pick stocks.