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LIC's proposed stake buyout in HDFC Bank 'well-timed', has limited downside

LIC’s increased stake will prove to be a `value buy,’ shoring up the fortunes of HDFC which is emerging from its post-merger challenges ....

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HDFC Bank may open higher after LIC gets RBI nod to buy 4.8% additional stake

It will take LIC s stake in the private sector bank to 9.99 percent. The insurer has to complete the transaction by January 24, 2025 ....

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HDFC Bank recovers after 11% fall in last 2 sessions; what should investors do now?

While earnings by the country s biggest private sector lender remained a concern, global brokerage CLSA has reiterated its ‘buy’ rating on the stock with a target of ₹2,025 per share, implying an upside of almost 38 percent. ....

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HDFC Bank shares may drag after Q3 results, 7% slump in ADR overnight

The HDFC Bank ADR, the US-listed shares of the bank, tanked 6.7 percent on the NYSE to $61 in the biggest single-day drop since April 2022 ....

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Massive Selloff: Nifty Bank and Nifty Financial Services index shed over 2.5%

Banking and financial stocks bled out on Wednesday with both the Nifty Bank index and the Nifty Financial Services index down over 2.5 percent each post HDFC Bank December quarter results, announced yesterday. ....

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