Top
Call Now Open an account
Open an account
19.25725746 73.13076782

Open a Demat Account and Start Trading!

  • +91

Timeline

Tech Stocks Northbound journey continued in the tech stocks after better than expected Q1 results announced by Infosys, HC...

Tech Stocks - Northbound journey continued in the tech stocks after better than expected Q1 results announced by Infosys, HCL Tech and Wipro. Both the Tech giants Infosys and HCL Tech closed on a record high today. HDFC Bank- HDFC Bank reported Q1 net profits at Rs6660cr grew at 19.6% YoY (inline to our estimates at Rs6680cr) , NII growing at 8% YoY (3% QoQ) to Rs15660cr (expectation Rs15390cr). Other income declined 18% YoY to Rs4070cr (34% below estimates at Rs6140cr) affected by decline in fees & commission income (37% YoY/49% QoQ decline) due to lockdown . Total provisions spiked to Rs3890cr (49% YoY increase) – Expectation Rs4150cr. GNPA at 1.4% vs 1.3% (QoQ) – expectation 1.3%. NNPA at 0.3% vs 0.4% (expectation 0.4%). #MOMarketUpdates #HDFCBank #HCL #Infosys #MotilalOswal #Indianstockmarkets #nifty #sensex #nifty50 #nse #bse

Posted on : 20 Jul 2020 5:12 PM

Categories

  • Stock Broker
  • Financial Consultant
  • Financial Planner
  • Online Share Trading Centre
  • Brokers & Investment Firm

Tags

  • Motilal Oswal
  • Motilal Oswal Near me
  • Motilal Oswal mutual fund office near me
  • Best Stock broker near me
  • Mutual funds
  • IPO investment
  • Equity trading
  • Online share trading
  • BSE sensex
  • Portfolio management services
  • Investment bonds
  • Best SIP plans
  • Best mutual funds for SIP
  • Commodity market
  • Currency market
  • Open demat account
  • Online trading account
  • Open trading account
  • Investment bonds
  • Financial advisory services
  • Stock broker in Kalyan
  • Best Portfolio managements services in Kalyan