Housing Development Finance Corporation Limited (HDFC.NS)
| Previous Close | 2,724.30 |
| Open | 2,755.80 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 2,710.60 - 2,777.65 |
| 52 Week Range | 2,202.70 - 2,927.40 |
| Volume | |
| Avg. Volume | 4,654,819 |
| Market Cap | 5.058T |
| Beta (5Y Monthly) | 0.72 |
| PE Ratio (TTM) | 19.16 |
| EPS (TTM) | 142.59 |
| Earnings Date | Jan 31, 2024 - Feb 05, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
INDIA STOCKS-Slide in HDFC, HDFC Bank erases weekly gains for Indian shares
Indian shares declined on Friday and erased weekly gains amid weakness in financials stocks due to declines in Housing Development Finance Corp and HDFC Bank, and persistent fears over the U.S. banking sector. The Nifty 50 closed 1.02% lower at 18,069.00, while the S&P BSE Sensex lost 1.13% to 61,054.29. Housing Development Finance Corp Ltd and HDFC Bank Ltd declined over 5.5% each after MSCI said it included the merged entity of the two companies in its large-cap index, but with an adjustment factor of 0.5.
- Reuters
INDIA STOCKS-HDFC, HDFC Bank weigh on Indian shares amid weak global cues
Indian shares declined on Friday, dragged by high-weightage financials and weak global cues, after the European Central Bank hiked rates and fears over the U.S. banking sector worsened with the collapse of PacWest Bancorp. The Nifty 50 was down 0.26% at 18,208.70 as of 10:40 a.m. IST, while the S&P BSE Sensex lost 0.32%. Financials stocks led declines in the Nifty, falling 1% as Housing Development Finance Corporation Ltd and HDFC Bank Ltd lost 5% each, and were among the top losers on the index.
- Reuters
INDIA BONDS-India 10-yr yield shy of 7%, drops to 13-month low on dovish Fed bets
"The trend is likely to remain bullish as inflation is expected to come down in the U.S. and therefore market is aggressively pricing in rate cuts, which is having an impact on Indian bonds as well," said Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership. "Even if the Fed is not dovish, the upside in bond yields would remain limited, as interest rates would directionally head lower in future." The market has already factored in a 25 basis-point rate hike by the Fed and is awaiting Chair Jerome Powell's remarks in the aftermath of the U.S. banking crisis.
