Market News

End Of Perks Era? Banks Slash Credit Card Rewards As Profit Margins Shrink

HDFC Bank cut reward points on its Infinia credit card and tightened the spending threshold for airport lounge access.

HDFC Bank up 5% in two days on Q1 biz update; chart hints at further gains

Virat Jagad, technical analyst at Bonanza says that HDFC Bank displays a positive price action, with key momentum oscillators favourably placed. The analyst expects the stock to target ₹880 in the nea

INR appreciates on improved market sentiment

The Indian rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the American currency, registering a gain of 15 paise from its previous close. Yesterday, rupee depreciated 20 paise to close at 95.43 against the US dollar, as a strengthening greenback weighed on emerging market currencies. Meanwhile, local markets are extending gains amid strong quarterly updates from banking heavyweights like HDFC Bank, favorable monsoon progress, and steady foreign institutional buying. The BSE Sensex was trading at 78,374.76, up by 89.69 points (0.11%), while the NSE Nifty 50 was up 38.90 points (0.16%) at ..

HDFC Bank shares are near a key level and retail continues to bet on it

Shares of HDFC Bank are at a crucial juncture. At the close of trade on Monday, the stock had closed above its 100-Day Moving Average, which was at levels of ₹809.

HDFC Bank Share Price Live Updates: HDFC Bank's Impressive Weekly Returns

Sensex, Nifty end at highest levels in 10 weeks on HDFC Bank, oil boost

Indian equity benchmarks rose to their highest closing levels in about 10 weeks, supported by HDFC Bank, easing crude oil prices and continued foreign portfolio investor inflows

Nifty July futures trade at a premium

HDFC Bank, Dixon Technologies (India) and Reliance Industries were top traded contracts.

Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers - livemint.com

Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainerslivemint.com

Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers

Indian stock markets rose on July 6, with benchmark indices gaining over 0.60%. The Nifty 50 closed 0.66% higher at 24,420, while Sensex advanced 0.67% to 78,236. HDFC Bank and Axis Bank drove gains, while Nifty Realty led sectoral increases with a 2% rise.

Sensex jumps over 600 points, Nifty above 24,450: Top 6 factors fueling today's Dalal Street rally

Indian stock markets soared on Monday, with Sensex and Nifty extending their rally for a fourth straight session. Heavy rainfall bolstering monsoon hopes, coupled with Foreign Institutional Investors turning net buyers, significantly boosted investor sentiment. HDFC Bank led the gains, while broader markets also saw positive movement, adding substantial value to the overall market capitalization.

HDFC Bank vs Yes Bank vs Kotak Bank vs IndusInd Bank - Which banking stock to buy after Q1 business update?

Shares of HDFC Bank and Axis Bank gained as much as 2.5% on Monday, while Kotak Mahindra Bank declined up to 3.5%.

HDFC Bank Shares Up 3%, Axis Bank, ICICI Bank In Green As Q1 Updates Spark Buying In Private Lenders

Banking stocks gain today.