Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Hindalco Industries, Sun Pharma, BPCL, UltraTech Cement and HDFC Bank gained the most among the Nifty pack, while losers included Bharti Airtel, Cipla, Divis Labs, Apollo Hospitals and HUL

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

HUL, Asian Paints, Bajaj Finance, JSW Steel and Nestle India were among the biggest losers on the Nifty, while Coal India, HDFC Bank, Power Grid Corporation, HDFC and ITC ended on top of the heap

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

From the Sensex pack, ICICI Bank, HDFC, Axis Bank, State Bank of India, Reliance Industries, Kotak Mahindra Bank and HDFC Bank were among the major laggards.

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

Here are the key intraday supports and resistances to watch out for Nifty Futures, RIL, ONGC, TCS, Infosys, HDFC Bank, SBI, and ITC

Day Trading Guide for January 27, 2023

“We are pursuing a branch build strategy and have another 600 branches in the pipeline,” said Srinivasan Vaidyanathan, chief financial officer of HDFC Bank. “The goal is to grow faster than the market to gain deposit share. We are striving to get there by expanding our distribution and getting close…

Banks on branch addition spree to cash in on credit growth

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

The domestic indices slipped today ahead of the monthly expiry of derivatives and Union Budget presentation, due on February 1. Further, short-seller Hindenburg Research’s report on Adani Group companies pulled the indices lower.

Sensex tanks 900 points: Rs 3.5L cr investor wealth lost; HDFC Bank, SBI, Reliance, TCS top drags

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers.

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.

Markets in red as Sensex slumps to 60,710, Nifty at 18,028

The debt portion was provided by Maanaveeya Development and Finance, Oxyzo, Northern Arc group, HDFC Bank and Axis Bank

Climate tech start-up Ecozen raises $25 mn to expand beyond agriculture

NABARD, State Bank of India, and HDFC Bank are supporting the foundation in scaling up the farm pond initiative

Deshpande Foundation to build 1 lakh farm ponds to help farmers in rain-fed regions

HDFC Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.

HDFC Bank Ltd

HDFC Bank Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

Day Trading Guide for January 27, 2023

Banks on branch addition spree to cash in on credit growth

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex tanks 900 points: Rs 3.5L cr investor wealth lost; HDFC Bank, SBI, Reliance, TCS top drags

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Markets in red as Sensex slumps to 60,710, Nifty at 18,028

Climate tech start-up Ecozen raises $25 mn to expand beyond agriculture

HDFC Bank Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Taking Stock | Market ends flat amid high volatility; all eyes on inflation data

Taking Stock | Another day of selling; Sensex down 236 points, Nifty below 18,100

Opening bell: Sensex 578 points in red at 59,627, Nifty slumps to 17,747

Day Trading Guide for January 27, 2023

Banks on branch addition spree to cash in on credit growth

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex tanks 900 points: Rs 3.5L cr investor wealth lost; HDFC Bank, SBI, Reliance, TCS top drags

Sensex slumps 774 points to settle at 60,205, Nifty ends in red at 17,892

Markets in red as Sensex slumps to 60,710, Nifty at 18,028

Climate tech start-up Ecozen raises $25 mn to expand beyond agriculture

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock