Read more about HDFC Bank gains after reporting double-digit growth in deposits and advances in Q3 on Business Standard. HDFC Bank rose 0.41% to Rs 1433.60 after the bank said its advances grew around 16% to approximately Rs 10,82,000 crore as of 31 December 2020 compared with Rs 9,36,000 crore as of 31 December 2019.
The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 per cent, HDFC Bank said in a regulatory filing. It stood at Rs 10,38,300 crore as of September 30, 2020., , hdfc bank, private sector, loan growth, casa
Explore Now
Benchmark NSE Nifty index was trading -13.30 points down at 13968.65 on Thursday on account of selling in frontline bluechip counters.
Among the stocks that touched their 52-week highs on NSE were: Archidply Decor; Ansal Properties & Infrastructure; Bajaj Finance; Deepak Nitrite; Housing Development Finance Corporation (HDFC Ltd); Jet Airways; MindTree; Motherson Sumi Systems; Persistent Systems; Suzlon Energy; Wockhardt; Tech Mahindra.
Overall, 16 shares were trading in green in Nifty50 index, while 34 were trading in red in the afternoon trade.
In the Nifty 50 index, HDFC, Maruti Suzuki, ICICI Bank, Divis Labs and Larsen & Toubro were among top gainers, while Shree Cements, UltraTech Cement, Tech Mahindra, Axis Bank and Grasim Industries were trading in red.
NIFTY 50: What it means and the companies covered under this index
The market is showing strong resilience to even modest declines.
Owned and managed by NSE, NIFTY 50 is the representative index on NSE (National Stock Exchange of India). NSE was formerly known as India Index Services & Products Limited (IISL), and it is the first-ever firm founded in the country to focus exclusively on index as the main product.
NIFTY 50 indexes was launched in April 1996. This index comprises 50 enterprises from among the 1600 companies that are listed on the NSE. By capturing about 65% of the market capitalization (float-adjusted), NIFTY 50 is the characteristic reflection of the country’s stock market.
Sensex and Nifty settle at fresh highs led by rally in banks, metal stocks amid positive global cues
Sensex and Nifty settle at fresh highs led by rally in banks, metal stocks amid positive global cues
Stock market today: The S&P BSE Sensex climbed 380.21 points (0.81 per cent) to settle at its highest closing mark at 47,353.75. During the intraday trade, the BSE benchmark had hit a record high of 47,406.72. Likewise, the broader Nifty 50 too ended at its record closing high of 13,873.20, gaining 123.95 points (0.90 per cent). The 50-share benchmark had hit an all-time high of 13,885.30 during intraday. Updated: December 28, 2020 4:12:21 pm
The rupee snapped its three-session winning streak and settled for the day 3 paise lower at 73.07 against the US dollar on Friday. (Image source: Bloomberg)