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HDFC Bank Tag

Daily Market Analysis

Pre Market Analysis – 23rd June 2021

byfintooJune 23, 2021

Market cooled off from day’s high to close almost on a flat note after it was unable to sustain above the crucial resistance of 15900. Bank Nifty continues to look weaker with supports resting at 34600 and resistance having shifted lower at 35100. So far, the index is holding below 35100 it could well go and retest its previous week’s lows near 34000. Momentum could accelerate on the downside...

Daily Market Analysis

Daily Market Analysis – 20th Apr 2021

byHarsh SavlaApril 20, 2021

Market Analysis on Banking Sector HDFC Bank India’s largest private sector lender HDFC Bank today reported an 18.2 percent year-on-year rise in net profit to Rs 8,186.51 crore for the quarter ended March. The lender reported a net interest income of Rs 17,120.2 crore, up 12.6 percent from a year-ago quarter. Analysts had expected the bank to report a 23 percent year-on-year rise in...