ICICI Direct is bullish on HDFC Bank recommended buy rating on the stock with a target price of Rs 1750 in its research report dated October 16, 2022.
KR Choksey is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1836 in its research report dated October 18, 2022.
The 10 year bond yields continue to consolidate around 6.85 percent level, says Ashutosh Raina, HDFC Bank.
The better-than-expected GDP data should result in yields moving higher with the 10-year benchmark bond yields expected to trade in the 6.88-6.93 percent range, says Ashutosh Raina, HDFC Bank.
Indian ADRs ended lower on Tuesday. Dr Reddy's Laboratories fell 0.31 percent and ICICI Bank fell 0.10 percent.
Indian ADRs ended mostly lower on Friday. ICICI Bank was down 0.11 percent and Tata Motors slipped 0.34 percent.
IT stocks continue to remains under pressure on back of talks of re-introduction of immigration bill which proposes to increase wages from USD 65,000 to USD 100,000.
Hemindra Hazari recommends avoiding the entire financial intermediary space because there is still lot of pain to come but if institutional investors have to be in the space then one should look at HDFC Bank and Kotak Mahindra Bank.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - HDFC Bank, IndusInd Bank, Axis Bank, ICICI Bank, State Bank of India (SBI), Jain Irrigation, Lux Industries, Elgi Equipment & Hotel Leela.
Rajat Bose of rajatkbose.com is of the view that one can short Yes Bank, Axis Bank and ICICI Bank at the current level.
Sun Pharma, Hindalco, Tata Steel, Coal India and Maruti are top gainers while Cipla, ICICI Bank, ITC, HDFC Bank and Tata Motors are down in the Sensex.
The bonds have been losing on the back of negative sentiment and depreciating currency with 10-year benchmark yield breaching the 7.80% mark, says Ashutosh Raina, HDFC Bank.