The Reserve Bank of India (RBI) has taken the decision to cancel the bank holiday originally set for March 31, 2025. This move comes as the central bank aims to ensure that banks across the country remain operational during this critical period for year-end financial transactions. This directive is a response to the need for … Read more
In the Nifty 500, three stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Source link
Air India has launched the ‘Maharaja Club Points Plus’ offer, allowing frequent flyer members to enhance their reward points through conversions from partner banks. The promotion, running from March 6-31, offers members the chance to convert bank reward points into Maharaja Points, with the added incentive of earning up to 50% bonus points on these … Read more
Depository firm NSDL is targeting to launch its much awaited Rs 3,000-crore initial public offering (IPO) by next month, a senior official said on Thursday. As a market infrastructure institution (MII), National Securities Depository Ltd (NSDL) also needs other approvals apart from the draft red herring prospectus, the official said, adding that it is this … Read more
During a period of heightened concern among investors regarding the fluctuating Indian equity market, numerous experts are recommending continued investment in SIPs for long-term wealth accumulation and crorepati goals. According to Securities and Exchange Board of India Chairperson Madhabi Puri Buch, there is no better time than the present to consider investing in SIPs. Buch, … Read more
Indian markets broke their 8-session falling streak after recovering from day’s low, thanks to the heavy lifting done by HDFC Bank while getting support from Reliance Industries (RIL) and Bajaj Finance. While the 30-stock S&P BSE Sensex finished at 75,996.86, gaining by 57.65 points or 0.08%, the broader Nifty rose by 30.25 points or 0.13% … Read more
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a … Read more
Capital markets regulator Sebi has come down heavily on Gujarat-based Kalahridhaan Trendz, a recently listed SME company, and its promoters for failing to report payment defaults and misleading corporate announcements. In an interim order, the regulator barred the company and its promoters from accessing or associating themselves with the securities market in any manner. “The … Read more
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech, Hindustan Aeronautics, and Mphasis, indicating a shift in investment strategies. Source link
Buy | Target Rs 1,950 | LTP Rs 1,665 | Upside 17% Nuvama has assigned a Buy rating to HDFC Bank, with a target price of Rs 1,950. This indicates a potential upside of 17% from the current market price of Rs 1,665. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. … Read more