Shares of HDFC Life Insurance Company fell as much as 4% to Rs 581 in Friday’s intraday trading on BSE after the March quarter results. The company reported a 14% growth in its consolidated net profit at Rs 412 crore for the quarter ended March 2024. It was Rs 362 crore in the year-ago period. … Read more
Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys. Citigroup recommended a sell on TVS Motor. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on HDFC Life: Buy| Target Rs 710 Citigroup maintained a buy rating on … Read more
Technical charts indicate that Nifty and Bank Nifty are currently poised for an upward trend. According to technical analysts, Nifty may ascend towards 22,800 levels, while Bank Nifty could touch 48,500 levels. Stocks such as Sun Pharma, Hero MotoCorp, Tata Steel, Britannia, Divi’s Lab, HDFC Life, PI Industries, Praj Industries, and Sona BLW have exhibited … Read more
Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more
Indian market is likely to consolidate on Thursday tracking muted global cues. The Nifty50 witnessed a breakdown on Wednesday from the important support level placed at 22050 zone after consolidating for 2 sessions. The selling was broad-based with midcap and smallcap indices losing nearly 2% each. India VIX achieved a fresh swing high as it … Read more
Mumbai: The dynamics of stock leadership on Dalal Street has undergone a change of late with stalwarts of the recent past taking a backseat and giving way to new stars. Gone are the days when bluechip consumer, private financials and information technology (IT) dominated the performance of the Nifty for nearly a decade. Now, the … Read more
Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday as key stock indices stayed on the record-breaking run. Stocks that were in focus included names like Just Dial, which rose 1.82%, HDFC Life, which declined 3.55%, and Wipro, whose shares jumped 6.37% on Monday. … Read more
In between hectic trading days, equity investors will have room for small breathers with four long weekends scheduled in the first three months of the current calendar year. In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off … Read more
