HDFC Bank's net interest income or the difference between interest earned and interest expended rose 13% to Rs 18,443.48 crore as against Rs 16,317.61 crore in the same quarter last year.
The market valuation of Reliance Industries surged Rs 1,35,204.46 crore to Rs 16,62,776.63 crore and that of HDFC Bank jumped Rs 5,125.39 crore to Rs 8,43,528.19 crore.
The market valuation of Tata Consultancy Services jumped Rs 71,761.59 crore to reach Rs 13,46,325.23 crore. Infosys added Rs 18,693.62 crore taking its valuation to Rs 7,29,618.96 crore.
The broader Nifty of the National Stock Exchange tanked 191.40 points or 1.12 pc to 16,835.05 as Adani Ports, Tata Motors and Hero MotoCorp dropped. Among Sensex stocks, HDFC fell by 1.61 per cent.
HDFC Multi Cap Fund by HDFC Mutual Fund will help you take advantage of investing across market caps. The NFO is open till December 7, 2021. It will make mandatory allocation of at least 25 per cent of its total assets each in large-cap, mid-cap and small-cap companies.
The 30-share index was trading 315.89 points or 0.52 per cent higher at 61,002.58 in initial deals. Similarly, the Nifty rose 90.30 points or 0.50 per cent to 18,193.05.
The 30-share index was trading 704.22 points or 1.17 per cent lower at 59,280.48 in initial deals. Similarly, the Nifty fell 181.70 points or 1.02 per cent to 17,675.55.
The 30-share index was trading 318.7 points or 0.52 per cent higher at 61,285.75 in initial deals. Similarly, the Nifty surged 93.75 points or 0.52 per cent to 18,219.15.
Private lender HDFC Bank had stated in June that its board had given the approval to acquire more than 3.55 crore shares in the joint venture for Rs 1,906 crore from the parent company Housing Development Finance Corporation (HDFC).
Asian Paints was the top loser in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HCL Tech, Bharti Airtel, Kotak Bank and Bajaj Auto.
Last week, the 30-share BSE benchmark Sensex declined by 484.33 points or 0.79 per cent. Market benchmarks -- Sensex and Nifty -- declined for the fourth consecutive session on Friday.
The 30-share index was trading 207.09 points or 0.34 per cent higher at 61,130.59 in initial deals. Similarly, the Nifty advanced 65.65 points or 0.36 per cent to 18,243.75.
On August 4, HDFC invoked 4.62 million shares of Ansal Housing Limited to recover a part of outstanding dues against loans availed by borrowers
In this section, we recapitulate all the action from the world of business, finance and national economics from today
RBI had instituted an eight-month ban on HDFC from issuing new credit cards in December 2020, the move is aimed at reviving the lost ground due to the ban
The 30-share BSE index ended 123.53 points or 0.23 per cent lower at 52,852.27, while the broader NSE Nifty slipped 31.60 points or 0.20 per cent to 15,824.45
The 30-share BSE index was trading 444.17 points or 0.85 per cent higher at 52,642.68 in initial deals, while the broader NSE Nifty surged 129.15 points or 0.83 per cent to 15,761.25.
The 30-share BSE index ended 354.89 points or 0.68 per cent lower at 52,198.51, while the broader NSE Nifty fell 120.30 points or 0.76 per cent to 15,632.10.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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