While Nifty ended with week-on-week gains of 1.5%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 14,602 crore on screen which included both buying and selling action. In the large cap segment, 15 companies witnessed significant block deals on the … Read more
As FIIs lead sectoral churning in the market ahead of the beginning of the rate-cut cycle in India, private bank stocks have once again begun to outperform their high-flying PSU peers. In the last one month, the private bank index has risen 8% while PSU banks have lost 4.3% of their value. HDFC Bank and … Read more
While Nifty ended with week-on-week gains of 0.7%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 8,364 crore on screen, which included both buying and selling actions. In the largecap segment, 15 companies witnessed significant block deals on the screen … Read more
Following a 14% downside seen in seven trading sessions after Q3 disappointment, shares of HDFC Bank on Monday jumped up to 2% to the day’s high of Rs 1,462.85 after investors took comfort in RBI’s approval to LIC to increase stake in India’s largest private sector lender to 10%. While the state-run insurance company may … Read more
Rare things do command a premium. So did HDFC Bank. In an era when Indian lenders were funding projects worth thousands of crores to secure quick growth, Aditya Puri’s HDFC Bank was chasing thousands of individual salaried men to fund their car and mobile phone purchases. His belief was that someone with a regular income … Read more
