Read more about Volumes spurt at Housing Development Finance Corporation Ltd counter on Business Standard. Housing Development Finance Corporation Ltd notched up volume of 6.27 lakh shares by 10:48 IST on BSE, a 4.59 fold spurt over two-week average daily volume of 1.36 lakh shares
Financials stocks were trading in green, with the S&P BSE Finance index increasing 5.97 points or 0.08% at 7053.13 at 09:48 IST. Among the components of the S&P BSE Finance index, Shriram Transport Finance Company Ltd (up 5.95%), Capri Global Capital Ltd (up 4.47%),Cholamandalam Investment & Finance Company Ltd (up 2.55%),Shriram City Union Finance Ltd (up 2.35%),Housing Development Finance Corporation Ltd (up 1.72%), were the top gainers. Among the other gainers were HDFC Bank Ltd (up 1.68%), Mahindra & Mahindra Financial Services Ltd (up 1.64%), Paisalo Digital Ltd (up 1.49%), Spandana Sphoorty Financial Ltd (up 1.33%), and Pilani Investment & Industries Corporation Ltd (up 1.32%). On the other hand, RBL Bank Ltd (down 5.77%), Nippon Life India Asset Management Ltd (down 5.48%), and Dewan Housing Finance Corporation Ltd (down 4.94%) turned lower.
Mortgage lender HDFC Ltd has signed an agreement to sell its 24.48per cent stake in Good Host, a company engaged in the business of managing student housing facilities, for Rs 232.81 crore, according to a regulatory filing. The corporation has today entered into a share purchase agreement for sale of 47,75,241 equity shares of Re 1 each, representing 24.48 per cent of the issued and paid-up share capital of Good Host, Housing Development Finance Corporation Ltd (HDFC) said in the late night regulatory filing on Wednesday.
HDFC said the aggregate sale consideration for the sale shares is Rs 232.81 crore which is subject to various customary adjustments as agreed between the parties, and the final sale consideration shall be calculated accordingly.
January 21, 2021
× The bullish momentum for the stock markets will continue on Thursday too, as the global cues and Asian markets indicate positive beginning. The SGX Nifty, which is currently ruling at 14,705, is pointing a gap-up of opening of about 50 points for Nifty50. The January futures of Nifty50 closed on Wednesday at 14,645.
All eyes are on the BSE Sensex, as it is tantalising close to 50,000 historical mark.
Overnight, the Dow Jones Industrial Average rose 257.86 points, or 0.83 per cent, to 31,188.38, the S&P 500 gained 52.94 points, or 1.39 per cent, to 3,851.85 and the Nasdaq Composite added 260.07 points, or 1.97 per cent, to 13,457.25.
Benchmarks of Japan, Nikkei, Taiwan, Korea, Jakarta, China and Australia are ruling firm in early trade on Thursday.