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Stocks to watch: HDFC Bank, Wipro, RVNL among 10 shares in focus today - Mint
Stocks to watch: HDFC Bank, Wipro, RVNL among 10 shares in focus todayMint
HDFC Bank may not take legal action on Atanu Chakraborty, to focus on issues raised in resignation letter — Report
While the chances to seek damages from Chakraborty is unlikely at the moment as per the report, HDFC Bank's Board of Directors has mandated external law firms to independently examine governance processes.
Stock Market News Today Live Updates: Nifty Reclaims 23,300, Sensex Surges 1,000 Points; Rupee Below 93/$
RIL, HDFC Bank and SBI are the top gainers on the Nifty. HDFC Bank and HDFC Life are the only stocks trading in the red.
Rajesh Palviya of Axis Sec suggests ACME Solar, Shriram Finance, Hindalco shares to buy today
On March 20, Nifty 50 and Sensex opened higher after a significant drop, buoyed by easing oil prices. The indices experienced a decline of 3.3% previously, with HDFC Bank losses leading. ACME Solar shows bullish momentum while Shriram Finance and Hindalco indicate bearish trends.
HDFC Bank falls 7% in 2 days; analysts flag pressure after chairman exit
Analysts believe HDFC Bank stock may be under pressure in the near term due to governance uncertainty and a leadership visibility gap.
HDFC Bank: What exactly was it? Atanu Chakrabarty's shock exit baffles global investors
HDFC Bank's stock plunged after chairman Atanu Chakraborty resigned citing ethical concerns. Investors expressed disbelief during a call where management offered no clear explanations. Chakraborty, a former bureaucrat, later called his departure 'routine,' but the market reacted sharply, wiping billions in value. Analysts questioned the board's lack of specifics regarding the resignation.
SBI MF Highest, Parag Parikh Not So Much: Mutual Fund Houses That Have Top Exposure To HDFC Bank
Indian mutual funds lost Rs 31,900 crore in wealth as HDFC Bank shares tumbled following the sudden resignation of its part-time chairman.
HDFC Bank share price falls 2%, set for worst monthly fall in 6 years: Should you buy the dip or sell the stock? - Mint
HDFC Bank share price falls 2%, set for worst monthly fall in 6 years: Should you buy the dip or sell the stock?Mint
HDFC Bank share price falls 2%, set for worst monthly fall in 6 years: Should you buy the dip or sell the stock?
HDFC Bank share price hit the day's low of ₹781 and hovered close to their 52-week low of ₹772 hit in last trading session. So far in March, HDFC Bank stock has lost over 10%, putting it on track for the worst monthly decline since March 2020.
Nifty Bank logs 3rd-worst March fall since the global financial crisis. HDFC Bank, SBI among top culprits
Nifty Bank posted its third-worst March in two decades, falling around 12%, with PSU and private banks under pressure. Heavy FII outflows, global macro headwinds, rising oil prices and geopolitical tensions have intensified the correction. Major constituents like HDFC Bank and ICICI Bank have significantly dragged the index lower.
HDFC Bank shares fall another 2%, down nearly 8% in two sessions. What are experts saying?
HDFC Bank share price continued to slide, dropping 2% on Friday, following a sharp 5% fall on Thursday. The decline, which erased nearly Rs 1 lakh crore in investor wealth over two sessions, is linked to the sudden resignation of former chairman Atanu Chakraborty.
Raja Venkatraman, MarketSmith recommend five stocks for 20 March
On March 19, Nifty 50 and Sensex dropped over 3% due to HDFC Bank chairman's resignation and rising crude oil prices. Analysts recommend buying Ipca Laboratories, Great Eastern Shipping, Colgate Palmolive, Glenmark Pharmaceuticals, and Power Finance Corporation amid market volatility.