Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

On Thursday, Indian market closed higher for the second consecutive session tracking gains in index majors HDFC twins, Infosys and TCS amid largely negative cues from global peers.

Sensex, Nifty likely to open flat amid mixed global cues

Losses were dominated by index-heavyweights Reliance Industries, HDFC twins and Kotak Bank, as India reported its first cases of the Omicron variant of the coronavirus.

Sensex tanks 764.83 pts to end at 57,696.46 in closing bell; Nifty down by 204.95 pts

Keki Mistry, the Vice Chairman and CEO of HDFC, exclusively joins in to discuss what is driving optimism in the housing finance sector and how strong is the demand for homes.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #KekiMistry

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Exclusive: Keki Mistry Maps Housing Finance Demand Trends | Bazaar Open Exchange | CNBC-TV18

Infosys, L&T and Axis Bank emerge top gainers. The 30-share index was trading 262.86 points or 0.45 per cent higher at 58,724.15 in initial deals. Similarly, the Nifty rose 68.45 points or 0.39 per cent to 17,470.10.

Infosys, NTPC, HDFC Share Gain As Sensex Rises Over 260 Points In Early Trade

Globally, equities have made a sharp comeback after the sell-off last week following the emergence of the new variant of the COVID-19 called ’Omicron. The variant that was first spotted in Africa and has since spread to 25 countries including India was found to be highly infectious.

Dalal Street fails to hold gains as losses in RIL, HDFC weigh

Infosys was the top gainer in the Sensex pack, rising 1.86%, followed by L&T, Axis Bank, NTPC, ICICI Bank, Kotak Bank, M&M and HDFC

Sensex surges over 260 points in early trade; Nifty above 17,470

HDFC Mutual Fund (MF) sold 1,74,221 equity shares or 0.05% stake of Aarti Industries on 30 November 2021.

HDFC MF sells minor stake of Aarti Industries

“We expect gold prices to trade sideways to down for the day with COMEX Spot gold support at $1,750 and resistance at $1,790 per ounce. MCX Gold February support lies at Rs 47,100 and resistance at Rs 47,800 per 10 gram,” said Tapan Patel, Senior Analyst (Commodities), HDFC Securities.

Gold rate today: Yellow metal rises by Rs 200; silver steady

Here’s what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today.

Trade Spotlight | What Should You Do With HDFC, Apex Frozen Foods, Persistent Systems Now?

The derivative analyst from HDFC Securities recommends buying December 1760 Call and selling 1800 Call of Infosys based on the following four rationales

Nandish Shah recommends a Bull spread on Infosys for the December series

Shah, an MBA from Harvard and chartered accountant, is credited for establishing India’s first and largest housing finance company, HDFC, and ratings firm Crisil.

Pradip Shah appointed NARCL Chairman; Sanjay Jain made IDRCL chief

Housing Development Finance Corporation Limited is a holding company engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.

Housing Development Finance Corporation Ltd

Housing Development Finance Corporation 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

Returns 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 return on equity 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

Sensex, Nifty likely to open flat amid mixed global cues

Sensex tanks 764.83 pts to end at 57,696.46 in closing bell; Nifty down by 204.95 pts

News Video

Exclusive: Keki Mistry Maps Housing Finance Demand Trends | Bazaar Open Exchange | CNBC-TV18

Infosys, NTPC, HDFC Share Gain As Sensex Rises Over 260 Points In Early Trade

Dalal Street fails to hold gains as losses in RIL, HDFC weigh

Sensex surges over 260 points in early trade; Nifty above 17,470

HDFC MF sells minor stake of Aarti Industries

Gold rate today: Yellow metal rises by Rs 200; silver steady

Trade Spotlight | What Should You Do With HDFC, Apex Frozen Foods, Persistent Systems Now?

Nandish Shah recommends a Bull spread on Infosys for the December series

Housing Development Finance Corporation 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

Sensex, Nifty likely to open flat amid mixed global cues

Sensex tanks 764.83 pts to end at 57,696.46 in closing bell; Nifty down by 204.95 pts

News Video

Exclusive: Keki Mistry Maps Housing Finance Demand Trends | Bazaar Open Exchange | CNBC-TV18

Infosys, NTPC, HDFC Share Gain As Sensex Rises Over 260 Points In Early Trade

Dalal Street fails to hold gains as losses in RIL, HDFC weigh

Sensex surges over 260 points in early trade; Nifty above 17,470

HDFC MF sells minor stake of Aarti Industries

Gold rate today: Yellow metal rises by Rs 200; silver steady

Trade Spotlight | What Should You Do With HDFC, Apex Frozen Foods, Persistent Systems Now?

Nandish Shah recommends a Bull spread on Infosys for the December series

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

Returns 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 return on equity 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