Earnings Outlook: HDFC Bank is likely to post modest earnings growth in the third quarter

Brokerage Axis Securities says HDFC Bank’s credit growth is gradually improving, while deposit growth will disappoint, leading to higher CD ratio | Photo credit: HDFC Bank is likely to post modest earnings growth in Q3’26, with market participants keeping a close eye on what the bank’s management says about deposit growth and resulting credit growth […]

Nifty Metal Tumbles After Sharp Rally; Aditya Welekar says the dip could be a buying opportunity

The Nifty Metal Index fell sharply on Thursday as profit booking and rebalancing in global commodity markets triggered a correction after a strong rally, said Aditya Welekar, AVP, Axis Securities.According to Welekar, metal stocks had risen sharply in recent months, with valuations pricing in a near-perfect bull case scenario. “Any decline in underlying commodity prices […]