HDFC Bank shares shed early gains, end over 2% lower
Shares of HDFC Bank reversed earlier gains on Monday, closing down near 2% on the BSE and near 2% on the NSE after rising earlier in the day, amid profit-taking.
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Shares of HDFC Bank reversed earlier gains on Monday, closing down near 2% on the BSE and near 2% on the NSE after rising earlier in the day, amid profit-taking.
Nifty 50 fell 1.16% and Sensex 1.18% as Brent crude rose 2.3% to about $106.7 a barrel.
Indian shares fell marginally, dragged by information technology companies due to concerns over weak demand impacting near-term earnings. The Nifty 50 and Sensex indexes were down 0.1% each. The IT index declined 1.1%.
Top private lender HDFC Bank's shares rose as much as 1.33% to 749.3 rupees apiece, highest since Aug. 4. HSBC Global Investment Research said on Monday that HDBK's communication on strategy, funding and risks could help the bank see a real turnaround in its performance, reiterating a 'hold' rating at a price target of
On September 21, HDFC Bank shares gained more than 1% and reached Rs 738.55 at the day’s high as Indian equities traded higher.
HDFC Bank shares rose over 1% on Monday, trading at ₹738.55 on the NSE at 11.14 am versus a previous close of ₹731. The stock hit an intraday high of ₹739.70.
HDFC Bank shares gained traction on Friday, rising over 1 per cent to an intraday high of ₹722.85 from the previous close of ₹713. The stock was trading near the day’s high at ₹721 at 10.32 am, after opening largely flat at ₹715.25, which was also the day’s low. The stock’s recent movement comes af…
By Vivek Kumar MIndian shares fell on Tuesday on concerns over elevated oil prices and global bond yields ahead of this week's Federal Reserve meeting, while gains in IT and the country's largest private lender, HDFC Bank, limited losses.The benchmark Nifty 50 NSE:NIFTY ended 1.19% lower at 23,118…
New Delhi, Sept. 15 -- Indian equities struggled to hold on to their opening gains on Tuesday as persistent concerns over elevated crude oil prices and global bond yields ahead of this week's Federal Reserve meeting weighed on sentiment. The weakness came despite gains in IT stocks and HDFC Bank, I…
India’s BSE Sensex edged down about 0.2% to 76,350 at the open Monday, reversing prior gains. Weakness in technology followed stronger-than-expected US labour data, while Brent near $97 raised import-bill and inflation concerns.