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 […]
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 […]
Mumbai: Indian stock indexes ended higher for a sixth straight session on Thursday after giving up most of the nearly 1% gain earlier in the day, fueled by optimism around reports that India is negotiating with the US to cut tariffs from 50% to 15-16%. While information technology (IT) stocks led the upward movement on […]