Banking Sector

BUY HDFC Bank with Target Price of Rs 1300: Emkay Global

BUY HDFC Bank with Target Price of Rs 1300: Emkay Global

Brokerage house Emkay Global has suggested BUY rating for private banking major HDFC Bank with target price of Rs 1300 for a medium term perspective. HDFC Bank is currently trading at Rs 1142.

YES Bank FPO Opens Today; Private Placement worth Rs 4500 crore Finalized

YES Bank FPO Opens Today; Private Placement worth Rs 4500 crore Finalized

Private sector lender Yes Bank’s follow-on public offer will open today. The bank has informed that it has already raised Rs 4500 crore from anchor investors.

Uday Kotak: Retail and Institutional Investors Have Lifted Markets despite Economic Uncertainty

Uday Kotak: Retail and Institutional Investors Have Lifted Markets despite Economic Uncertainty

Uday Kotak has expressed his views about recent rally in stock markets worldwide. The quick recovery in markets has surprised many veteran investors and market analysts.

YES Bank surprises with FPO floor price at Rs 12

YES Bank surprises with FPO floor price at Rs 12

Yes Bank management has surprised markets by announcing follow-on public offer with floor price of Rs 12. The FPO will open on July 15 and continue till July 17, 2020.

Ashwani Gujral: BUY Axis Bank, IndusInd Bank, ICICI Bank, Bajaj Finserv and Asian Paints

Ashwani Gujral: BUY Axis Bank, IndusInd Bank, ICICI Bank, Bajaj Finserv and Asian Paints

Market expert Ashwani Gujral has suggested five BUY calls for today’s session and no SELL call, suggesting a bullish outlook for Indian markets.

FM Sitharaman: Will ensure that Banks Pass on Rate Cut Benefit to borrowers

FM Sitharaman: Will ensure that Banks Pass on Rate Cut Benefit to borrowers

Finance Minister Nirmala Sitharaman said that authorities will make sure that public sector and private banks pass on the benefits of rate cuts to consumers.

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