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Showing posts with the label HDFC Bank

Stock Market News- Indiabulls Real Estate up 5%, Manappuram Finance slips.

Indiabulls Real Estate Jumps Over 15% -  After Block Deals Shares of Indiabulls Real Estate rose as much as 14.7 percent to Rs 151 On Bombay Stock Exchange. The stock rose as much as 10.1 percent to Rs 144.70 On National Stock Exchange. About 5.79 crore shares or 12.8 percent equity of the company changed hands in a 24 block deals on BSE. Block Deal:  Reliance Power About 13.8 lakh shares of Reliance Power changed hands in a block deal. Manappuram Finance slips over 8% -  Sebi has sent notice to Manappuram Fin for insider trading.  Rupee Opens: The Indian rupee opened higher at 69.19 per dollar on Friday against previous close 69.27. BPCL, HUL, RIL, Maruti Suzuki are among major losers on the Indices, while gainers are Indiabulls Housing, Yes Bank, Gail, Zee Entertainment, IndusInd Bank, Godrej Properties and Page Industries. Among the sectors, metal, bank and IT are trading higher, while some selling was seen in the energy, FMCG and pharma....

Market News- RIL slumps 3%, HDFC Bank up, Oil Market Fall

RIL slumps 3%, HDFC Bank up  - Reliance Industries shares slumped nearly 3% to hit the day’s low at Rs 1,345.05. HDFC Bank shares are trading 0.5% up at Rs 2,301.75.  Shares of Mukesh Ambani-led Reliance Industries will assume focus after the firm reported strong Q4 results, and is set to separate fibre and tower assets in a bid to cut Jio debt. HDFC Bank shares will also be on the investor’s radar. L&T shares will also assume focus. Tata Coffee, SpiceJet, Dr Reddy's Lab, HDFC Bank, are among major gainers on the indices, while losers are Reliance Industries (RIL), Jet Airways, Reliance Capital, Reliance Infra, Reliance Power, Reliance Comm, SBI, DHFL and Canara Bank. On the sectoral front except IT, all other sectors are trading lower led by energy, infra, auto, bank, metal and pharma. Rupee Opens: The Indian rupee opened lower by 39 paise at 69.75 per dollar on Monday versus 69.36 Thursday. Oil Market Fall  - As Oil Near 6-Month High Shares of the...

Market Update - HDFC Bank Falls,Tata Motors, Yes Bank top gainers

HDFC Bank Falls -  On Possible Block Deal Shares of the Mumbai-based lender fell as much as 1.7 per cent, the most in nearly two months, to Rs 2,249. An undisclosed entity is likely to sell 1.1 crore shares or 0.42 per cent equity in the stock via block deal at a range of Rs 2,219-2,287 per share, implying a 3 per cent discount from the last regular trade, bankers involved in the deal. Wipro, Yes Bank, Cipla, Infosys, ONGC, RIL, HCL Tech, HUL, Tech Mahindra, Bajaj Finance are among major gainers on the indices, while losers include HDFC, HDFC Bank, Hindalco, Hero Motocorp, Grasim, UltraTech Cement and Gail, On the sectoral front, auto, infra, metal, pharma and infra are under pressure, while IT space is trading higher. Rupee Opens: The Indian rupee opened flat at 69.28 per dollar on Wednesday versus previous close 69.29. Tata Motors, Yes Bank top gainers- Yes, Bank shares gained nearly 0.70% to Rs 273.50, while Tata Motors shares are trading 1% higher at Rs 207.55...

Market News - HDFC Bank Extends Record Run ,Jubilant Food Works Gains

HDFC Bank Extends Record Run -  Shares of HDFC Bank extended gains for the sixth consecutive trading session, its longest gaining streak since September 2017. The stock rose as much as 0.94 per cent to hit an all-time high at Rs 2,247. Trading volume was more than double its 20-day average, The Relative Strength Index was above 70, indicating that the stock may be overbought. Jubilant FoodWorks Gains On Promoter’s Stake Sale Plans-  Shares of the Domino’s Pizza operator in India halted a two-day fall and rose as much as 3.3 per cent to Rs 1,369. The company’s promoter Jubilant Consumer Private Limited plans to sell 40 lakh shares at the floor price of Rs 1,272.6 apiece, aggregating to Rs 503.8 crore via secondary placement of shares.  Rupee trades lower against US dollar The Indian rupee on Thursday weakened marginally against the US dollar, tracking losses in its Asian peers as traders assess the global slowdown with China reporting weaker-than-expecte...

Share Market Update: Sensex up 80 points, Nifty Fluctuate In Open; L&T down 2%

Stock Market India Live Updates: The domestic stock markets –Sensex and Nifty–opened marginally higher on Monday, tracking positive global cues. The Sensex is up about 80 points to 36,467.18 while the Nifty is trading above the 10,900-mark. L&T shares plunged by more than 3.2% after the firm announced Saturday that Securities and Exchange Board of India (Sebi) has advised against proceeding with the proposed Rs 9,000 crore share buyback. RIL shares extended gains, zooming by more than 1.3% to Rs 1,198.60. L&T Worst Performer On Sensex, Nifty After SEBI Rejects Buyback Shares of the country’s largest construction company declined for the second day and fell as much as 3.4 per cent, the most since in over three months to Rs 1,273.45, its lowest levels since Oct. 31. The Securities and Exchange Board of India adviced L&T against Rs 9,000 crore buyback offer since the debt ratio after buyback would be more than twice capital & reserves. The company had pro...