Page 8 - Axis Securities News Today

HDFC Bank Q4 earnings: Sharekhan sees profit for the bank rising 59.2 percent YoY to Rs 19,185 crore. It sees NII growing 25 percent to Rs 29,213 crore. Non-interest income is expected to be higher led by stake sale in HDFC Credila.

The lender moderated loan growth in Q4 in favour of a strong focus on deposit mobilisation. Exceptional income will also likely bolster quarterly earnings in a challenging environment.

Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were pockets of opportunity.

Stocks for first time investor: Many individuals wanting to create wealth from stock markets have opened demat accounts. However, for those beginning their stock market journey, it is quite difficult to find the right sector or categories to bet on. ET Wealth asked the experts which sectors and categories, the first time stock market investors can invest in.

The recent surge in Indian PSU stocks, with returns reaching up to 300 percent in less than a year. Amidst this favorable landscape, lets compare Coal India (CIL) and NTPC to discern which PSU stock offers superior long-term investment prospects.

NOTICES Notice No. 20240418-34 Notice Date ...

Overall, Q4FY24 earnings season is expected to be reasonably aided by healthy macroeconomic trends.

Man Infra share price has surged over 180 per cent in the last year. Axis Securities has initiated coverage on the stock with a buy call and target price of ₹270, expecting a 28 per cent upside.

India VIX, a measure of volatility in Nifty, was reported at 11.36, up 2.29% over Wednesdays closing. Indian equity markets were closed on Thursday on account of Eid-Ul-Fitr (Ramzan Id).

Analyst optimistic about TCSs growth, citing strong execution and deal pipeline. Premium valuations justified by client engagement.Tanksale says: "There are definitely uncertainties lagging the growth drivers on the laggard part but TCS is likely to cope up. But still, it is very important to watch out for the vertical commentary and outlook."