To better understand the market direction in the days ahead, traders and investors consider the 200-DMA as a more reliable average than its peers 50-DMA and 100-DMA.
Net interest income jumps 13% to Rs 18,443.5 crore in Q3FY22, backed by a 16.5% growth in advances
The lender's net interest income, the difference between interest earned and interest expended, grew by 13% to Rs 18,443.5 cr in Q3FY21
HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.
Sugar stocks rally on strong outlook; Triveni, Balrampur hit new highs; two Tata Group stocks zoom over 2,400% in one year; Vedanta slides over 6% on weak Oct-Dec aluminium output
HCL Technologies and D-Mart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level
HDFC Bank Q2 preview: Gross non-performing assets (GNPA) ratio may rise on a yearly basis but remain largely stable sequentially, believe analysts.
A red flag gets activated whenever the foreign shareholding is less than 3 per cent of the permissible limit, which in HDFC Bank's case is 74 per cent
Will raise issuance to 500,000 credit cards per month beginning February 2022
The scrip surged 3 per cent at Rs 1,564.75 on the BSE in intra-day trade on Wednesday and was among the top gainers on the BSE barometer
HDFC Bank disappointed, while ICICI Bank's Q4 boosted sentiment lifting many peers too
The lender's board of directors decided against declaring any dividend for FY21 in light of the second coronavirus wave
The net interest income of the lender rose 12.6% in Q4FY21 to Rs 17,120 cr
Only HDFC Bank and SBI witnessed losses in their valuations
Moody's says RBI halting the bank's Digital 2.0 initiative and sourcing new credit cards is credit negative
HDFC twins are nearing all-time highs while Bajaj group stocks have seen a tremendous surge in the ongoing November series.
With a successful run above the 200-day moving average (DMA), the Nifty Bank is set to climb higher levels. However, once cannot rule out intermittent corrections
ICICI Bank, Axis Bank Federal Bank, Bandhan Bank and RBL Bank from the Nifty Bank index were up more than 4 per cent on the National Stock Exchange (NSE)
Shares of HDFC jumped over 8 per cent after the mortgage lender said its business is returning to pre-COVID-19 levels.
The stock may underperform until the Street gets clarity on asset quality and outcome of the litigation