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HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO Jagdishan
HDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investments to improve customer communication and tackle fraud. Cybersecurity defenses have been strengthened against evolving digital threats. HDFC Bank's in-house AI model, Neev, supports these security and operational enhancements. Governance issues were addressed following a chairman's resignation and subsequent investigation.
Blue Jet Healthcare shares rally 9% after Rs 800 crore QIP allotment
Blue Jet Healthcare shares rose sharply on Friday after the company completed its Rs 800 crore QIP, attracting marquee institutional investors, including multiple ICICI Prudential Mutual Fund schemes. The fund raise is expected to strengthen the company's balance sheet, support expansion plans, and boost long-term growth prospects while broadening its institutional shareholder base.
Market ends higher: 3 factors that helped Sensex, Nifty snap two-day losing streak
Bharti Airtel, HDFC Bank and Sun Pharma were the biggest contributors to the Nifty's gains. The Nifty Bank index climbed 510 points to 57,252, while the Midcap index outperformed, rising 844 points to 62,167.
Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainers - BusinessLine
Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainersBusinessLine
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Rallies 541 Points | Nifty Above 24,000 | Bharti Airtel & Sun Pharma Top GainersEquitymaster
Pharma stocks: Lupin, Torrent hit new peaks; Sun nears summit; here's why
Pharma stock rally: Orchid Pharma, Hikal, Unichem Labs, IOL Chemicals, SPARC, RPG Life Sciences and Acutaas Chemicals surged up to 13% in Wednesday's trade.
Stock Alert: JSW Infra, Ideaforge Tech, Uno Minda, Orchid Pharma
Ideaforge Technology launced the qualified institutional placement (QIP) issue and fixed the floor price at Rs 835.86 per share. The company may offer a discount of up to 5% to the floor price.
Sun Pharmaceutical Industries Ltd spurts 0.07%, up for five straight sessions
Sun Pharmaceutical Industries Ltd is quoting at Rs 1914.2, up 0.07% on the day as on 12:44 IST on the NSE. The stock is up 14.45% in last one year as compared to a 4.11% fall in NIFTY and a 16.43% fall in the Nifty Pharma.
Poly Medicure among 4 stocks that closed below VWAP
Four Nifty500 stocks, Poly Medicure, Aditya Birla Real Estate, Siemens Energy India, and Onesource Specialty Pharma, closed over 2% below their VWAP on July 3, indicating potential bearish momentum and heightened selling pressure, according to technical scan data.
Record Date Alert: 15 companies set to see corporate actions for dividend, bonus this week
More than 15 stocks, including multiple Nifty 50 constituents, such as Titan, Hindalco, JSW Steel, and Sun Pharma are set to see record dates for their respective corporate actions announced earlier, alongside their fourth quarter results. While most of these corporate actions pertain to final dividend announcements, some also include bonus issue awards as well.
Sensex Today Ends 261 Points Higher | Nifty Above 24,250 | Bharti Airtel & Sun Pharma Top Gainers - Equitymaster
Sensex Today Ends 261 Points Higher | Nifty Above 24,250 | Bharti Airtel & Sun Pharma Top GainersEquitymaster