Provisions during the quarter increased 26.5 percent sequentially to Rs 148 crore but declined sharply by 72.8 percent compared with Rs 545 crore in corresponding quarter of last fiscal.
According to Ashwani Gujral of ashwanigujral.com, HDFC may hit Rs 1600 while JSW Steel can head to Rs 230 and advises buying Jet Airways.
Prakash Gaba of prakashgaba.com recommends buying HDFC and likes Sintex Industries.
Top six Indian companies added a total of Rs 30,505.3 crore in market valuation last week, with IT biggie TCS walking away with the biggest slice.
Public sector lender Syndicate Bank has put up land bank owned by GVK Group in GVK Perambalur SEZ Pvt Ltd in Tamil Nadu for sale as part of recovery of its outstanding loan of Rs 175 crore.
HDFC will issue secured redeemable non-convertible debentures on a private placement basis on March 14 to raise the sum, it said in a regulatory filing.
Rajat Bose of rajatkbose.com is of the view that HDFC Bank may hit Rs 1405 while Bata India may test Rs 515.
Prakash Gaba of prakashgaba.com is of the view that one may buy Housing Development Finance Corporation between Rs 1320-1340.
Satish Gupta of astrostocktips is of the view that housing finance stocks like DHFL, Indiabulls Housing, LIC Housing Finance, Can Fin Home and HDFC will get astro support.
"Recently, some private and public banks have announced cash transaction charges on their account holders beyond stipulated number of cash transactions," said RCCI president Sameer Shah in a letter to Jaitley.
Cetrum Home Finance, the Centrum group's housing finance arm that was launched last month, plans to have a loan book of Rs 250 crore by the end of the first year of operations.
RIL's valuation zoomed Rs 24,619.79 crore to Rs 4,08,238.80 crore and Infosys added Rs 5,076.25 crore at Rs 2,36,849.45 crore.
Mortgage lender HDFC Ltd has declared an interim dividend of Rs 3 per share for the current fiscal ending March 31, 2017.
Prakash Gaba of prakashgaba.com recommends shorting Bank of Baroda and HDFC.
The fund house is looking at financing corporates who need short term capital, with the newly floated fund.
Sudarshan Sukhani of s2analytics.com suggests buying Bharat Forge and HDFC.
According to Ashwani Gujral of ashwanigujral.com, one can buy Motherson Sumi Systems and Housing Development Finance Corporation while one may sell Bharat Petroleum Corporation.
Following the market open ceremony, Nikhil Rathi, CEO, London Stock Exchange (LSE) plc, hosted a roundtable event with Jaitley, delegates from the Federation of Indian Chambers of Commerce & Industry (FICCI), fin-tech companies and leading investors.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
The country needs to see higher consumption and creation of new capacities, Keki Mistry, HDFC‘s Vice-chairman and Chief Executive Officer said, adding that subsidies in housing sector will likely kickstart economy.
As many as 14 masala bonds are listed on the London Stock Exchange (LSE) with a combined outstanding value of Rs 12,976 crore. Last year six such rupee-denominated bonds sold overseas issued by the European Bank of Reconstruction & Development, IFC, HDFC, NTPC etc were listed on LSE.
Eight of the 10 most valued Indian companies together added Rs 66,707.68 crore in market valuation last week, with RIL emerging as the biggest gainer.
The cases of Infosys and Tata Sons have raised several questions of trust within the board, the role of independent directors and issues relating to resolution of conflict
In a free-wheeling interview with Economic Times Axis Bank CEO Shikha Sharma said a marriage isn‘t on the cards. She was responding to market speculation that a a bunch of suitors have come calling.
Debt mutual funds were allowed to have an exposure of only up to 10 percent to housing finance companies. This has been increased to 15 percent with the immediate effect subject to certain conditions.