Wed, Nov 29, 2023
The risk for investors lies in the rich valuations of these banks. HDFC and ICICI trade at a price-to-book (P/B) ratio, a metric that compares stock price with underlying assets, of 3, while Axis trades at 2.3 and BCA at 5.
Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
Sun, Nov 12, 2023
ICICI Bank added Rs 3,520.92 crore taking its market valuation to Rs 6,57,563.38 crore.
Sat, Feb 24, 2018
The direction comes in the wake of a probe last year that prescient messages about company results had been circulated in private WhatsApp chatrooms before their official release
Sun, Feb 04, 2018
RIL's valuation plummeted from Rs 37,256.05 crore to Rs 5,73,682.16 crore
Wed, Jan 31, 2018
The benchmark indices came under under pressure on Wednesday ahead of the Budget 2018 due on Thursday. The Sensex slipped below 36,000, while the broader Nifty tested its key support of 11,000.
Tue, Jan 30, 2018
Benchmark indices slipped into the negative territory today following the Economic Survey for 2017-18
Mon, Jan 22, 2018
Equity market stayed bullish today after ending last week on new highs, marking its seventh consecutive week of gains
Fri, Jan 19, 2018
The private sector bank had posted a net profit of Rs 3,865.33 crore in the October-December quarter of last fiscal.
A Bloomberg poll of experts projected HDFC Bank’s net profit to come in at Rs 4,720 crore.
Market breadth, indicating the overall health of the market, turned positive. On the BSE, 1,368 shares gained, 1,210 shares declined, while 111 shares remained unchanged.
Thu, Jan 18, 2018
Brokerage Edelweiss Securities noted the move would raise the probability of inclusion in MSCI and higher weights for private banks, which were near the FII threshold limit.
WhatsApp's payments feature is highly anticipated because of the huge popularity of the app across diverse populations in India.
The rally was led by banking stocks with the Nifty PSU Bank (up 1.8 per cent) being the leading sectoral gainer, followed by Nifty Bank (up 1.6 per cent).
Sun, Jan 14, 2018
Barring SBI, rest 9 companies including HDFC Bank, ITC, HUL and Infosys saw rise in their market capitalisation in the week ended Friday
Sun, Jan 07, 2018
The market capitalisation of Infosys slumped from Rs 5,940.34 crore to Rs 2,21,037.56 crore
Thu, Jan 04, 2018
The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions.
Wed, Jan 03, 2018
The offer is valid on EMI transactions for both HDFC credit and debit card services. One can avail the cashback offer on Apple products from January 1 to March 11, 2018.
Fri, Dec 22, 2017
HDFC has approved the sale of 100% of its equity share capital of HDFC Developers and HDFC Realty to Quikr India for Rs 101.99 cr and Rs254.98 cr, respectively. The stock is trading flat after hitting the day's high of 1715.85 on the NSE.
Wed, Dec 13, 2017
To further hasten Indian customers` move to the Cloud, Microsoft on Wednesday launched Azure Stack for India which is an extension of the company`s Azure Cloud platform.
Tue, Dec 12, 2017
The 30-share index was lower by 94.02 points, or 0.28 per cent, at 33,361.77. It had gained 858.61 points in the previous three sessions.
Mon, Dec 11, 2017
Disclaimer: This story is for informational purposes only and should not be taken as investment advice.
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