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The trend seems buoyant on the weekly chart with the 200-WMA, placed at Rs 1,285-level, acting as a major support for the stock.
Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece
HDFC Bank reported a 20.1 per cent year-on-year increase in net profit to Rs 10,605.8 crore in July-September
For the quarter under review, HDFC Bank's net interest income, which is the difference between interest earned and interest expended, grew 18.9 per cent on-year to Rs 21,021.2 crore
HDFC Bank Q2 preview: Given higher advances growth, and rise in lending rates, analysts believe margins are likely to be up around 10-15 basis points quarter on quarter