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Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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1 min read

HDFC MF gets Reserve Bank nod for raising stake in Federal Bank, Equitas SFB to 9.5%

Reserve Bank has accorded approval to HDFC Mutual Fund to raise its stakes in Federal Bank as well …

PTI   


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HDFC AMC Q1 profit after tax jumps 52% to ₹477 cr

HDFC Asset Management Company (AMC) on Monday reported a 52% jump in profit after tax (PAT) at ₹477…

PTI   


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Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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HDFC AMC’s Q2 profit after tax grows 6% on year to ₹364 crore

India’s third-largest mutual fund house HDFC Asset Management Company on Wednesday announced a prof…

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HDFC Bank closed Q1 with ₹11,951 crore net profit

Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…

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HDFC Bank-HDFC merger news makes shareholders richer by over ₹1 lakh crore

There’s delight all around for the shareholders of HDFC group companies – for the past year or s…

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HDFC Group's shares slump sharply on heavy selling pressure

Also, fears that RBI may raise policy rates in the upcoming Monetary Policy Meeting starting Tue…

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Bajaj Finance’s strong digital move made it bigger than home loans giant HDFC

Pune-based financial services company, Bajaj Finance, has now become the eighth largest company in …

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HUL, ONGC, Bajaj Auto among stocks to watch out for on April 28

Indian markets may open slightly negative as SGX Nifty, an early indicator to the market, was down …

Bhakti Makwana   


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4 mins read

Indian markets open flat ahead of RBI policy outcome – Vedanta, HDFC AMC, Bikaji Foods among stocks to watch out for

Indian benchmark indices Sensex and Nifty50 opened flat on Wednesday ahead of the RBI monetary poli…

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Vedanta, Hindustan Zinc, Future Retail among hot stocks to watch out for on April 1

Indian markets are expected to open on a mixed note as Singapore’s SGX Nifty, an early indicator to…

Bhakti Makwana   


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Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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Sensex, Nifty50 surge in morning trade led by banking and metal stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…

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HDFC MF launches MNC fund that offers portfolio diversification opportunities

HDFC Asset Management Company has launched HDFC MNC, an open ended equity scheme following multinat…

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Sensex rises over 100 points in early trade, Nifty hits 18,000 for the first time — Maruti, NTPC, PowerGrid top gainers

Later, NSE Nifty hit the 18,000-mark. This is the first time the index has hit the milestone. …

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3 mins read

Mutual funds deploy ₹20,700 crore in March with huge buying in RIL, Infosys & HDFC

As inflows into equity mutual funds continue to rise, mutual funds were able to deploy ₹20,700 cror…

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Tax hit on debt funds is just the latest punch to reeling mutual fund companies

The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…

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Here's why India's biggest banking stocks went nuts today — and what they missed

In a splash of good news for the banking sector, Finance Minister Nirmala Sitharaman announced the …