- PSBs, pharma and defence: HDFC Securities CEO names Samvat 2083’s dark horses
HDFC Securities MD and CEO Dhiraj Relli identifies public sector banks, pharmaceuticals and defence as po ...More
HDFC Securities MD and CEO Dhiraj Relli identifies public sector banks, pharmaceuticals and defence as potential outperformers in Samvat 2083. He favours largecaps for valuation comfort, highlights selective stock opportunities and urges investors to prioritise earnings visibility and disciplined asset allocation. ...Less

- Rupee slips to 94.24 as crude edges up to $95
On Friday, the rupee settled at 94.24, slipping from 94.04 due to escalating oil prices, which surged fro ...More
On Friday, the rupee settled at 94.24, slipping from 94.04 due to escalating oil prices, which surged from approximately $92 to $95 per barrel. This pressure is palpable on the currency market. However, ongoing purchases of Indian equities by foreign portfolio investors signal optimism. Analysts caution that should the rupee breach the 94.30 mark, it may depreciate further, yet a rebound remains plausible. ...Less

- Muhurat Trading 2026: Which stocks to buy during special session today? Analysts list top technical picks
Investors are preparing for the Muhurat Trading session today, which marks the beginning of Samvat 2083. ...More
Investors are preparing for the Muhurat Trading session today, which marks the beginning of Samvat 2083. Stock exchanges BSE and NSE will hold the session for an hour starting at 2.20 pm. Analysts from HDFC Securities and Axis Securities have identified several stocks as top picks for this trading period. Stocks like HCL Technologies and IIFL Finance have been highlighted for their potential upside. ...Less

- Stockal scam: Trading platform says unauthorised third party accessed customer accounts
Stockal has disclosed that unauthorized trading practices impacted 13 client accounts, resulting in notab ...More
Stockal has disclosed that unauthorized trading practices impacted 13 client accounts, resulting in notable financial losses. Investors claim their assets were liquidated without consent, redirecting funds towards unauthorized transactions. An investigation revealed there was no compromise within Stockal's systems; however, it points to a likely social engineering incident. Affected investors have reached out to regulatory bodies in India and the U.S. ...Less

- Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption an ...More
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential. ...Less

- Indian rupee strengthens past 94/$ as oil slides, foreign inflows return
The Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies ...More
The Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign inflows into Indian equities and a sharp fall in oil prices are key factors. Analysts suggest India's equity markets may attract global investments as concerns about AI infrastructure spending grow. The Reserve Bank of India announced measures to support the rupee against maintaining fluctuations. ...Less

- Emcure Pharma shares hit 10% upper circuit after FY27 guidance hike; Jefferies raises target price by 8%
Emcure Pharma shares hit a 10% upper circuit after strong Q2 FY27 results prompted the company to raise i ...More
Emcure Pharma shares hit a 10% upper circuit after strong Q2 FY27 results prompted the company to raise its full-year growth guidance. Brokerages turned more positive, citing robust international business, improving domestic growth and a strong product pipeline. ...Less

- Rupee finally bounces back, closes at 93.90 on Friday, after hitting nearly 97/$ in May and Oct
The rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar ...More
The rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar. Falling crude oil prices, nearly $4 billion in foreign equity inflows, short covering and improved investor sentiment supported its recovery. ...Less

- Nifty’s next move hinges on breakout above 23,200: Analysts
Nifty has recently surged by nearly 2%, approaching the resistance level at 23,200. Analysts recommend bu ...More
Nifty has recently surged by nearly 2%, approaching the resistance level at 23,200. Analysts recommend building long positions to capitalize on a potential breakout. Support is set between 22,600 and 22,800, serving as a buffer. Recommended stocks for investment this week include DLF and Zensar Technologies. Investors should exercise caution in the broader market until significant resistance levels are broken. ...Less

- Rupee slips below to 95.18 against dollar on elevated oil prices
On Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand f ...More
On Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite increased hedging costs observed in the market. The Reserve Bank of India has implemented measures to stabilize the rupee but is less active in intervention. Without foreign inflows, the rupee faces challenges as oil prices remain elevated. Expected trading for the rupee is between 95 and 95. ...Less

- IndusInd Securities appoints ex-Standard Chartered Securities chief Rajeev Srivastava as MD & CEO
IndusInd Securities has announced the appointment of Rajeev R Srivastava as its new managing director and ...More
IndusInd Securities has announced the appointment of Rajeev R Srivastava as its new managing director and CEO. He brings nearly 25 years of experience in banking and financial services to the role. Srivastava aims to modernize the firm and enhance its investment platform while utilizing data and artificial intelligence. His priorities include improving client experience and expanding the company's geographical reach. ...Less

- Rupee soars to 6-week high on Jio IPO flows, weaker dollar
On Wednesday, the Indian rupee closed at a six-week high of 94.46, gaining 46 paise from its previous clo ...More
On Wednesday, the Indian rupee closed at a six-week high of 94.46, gaining 46 paise from its previous close. This increase was driven by strong foreign portfolio inflows linked to the Jio Platforms' IPO. Additionally, the currency's rise was supported by a softer dollar index, which decreased from the previous day. While oil prices rose to over $110 per barrel, the RBI's intervention helped the rupee maintain its strength. ...Less

- U-turn from regulator may be new lifeline to Indian derivatives
The return of a stable settlement system in India's equity-derivatives market could signal a promising re ...More
The return of a stable settlement system in India's equity-derivatives market could signal a promising recovery. Following the tumultuous closure auction process introduced in August, regulators are aiming to restore order. Market players are optimistic that this newfound clarity will not only enhance trader confidence but also boost derivatives trading volumes over time. ...Less

- Rupee rises for fourth straight day, closes at 95.15
The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It r ...More
The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77, which is a one-month high. This appreciation was aided by central bank measures and the unwinding of long dollar positions. Despite the gains, strong dollar demand from importers limited its daily increase. Overall, the rupee's rise presents opportunities for companies engaged in purchasing. ...Less

- Rupee rises 1.9% in a week, closes below 95 per dollar
The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in s ...More
The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure. ...Less

- ITC shares rise 2% a day after hitting a 52-week low following GQG’s Rs 9,395 crore stake sale. What lies ahead?
ITC shares rose after Rajiv Jain-backed GQG sold shares worth Rs 9,395 crore, reducing its stake amid a s ...More
ITC shares rose after Rajiv Jain-backed GQG sold shares worth Rs 9,395 crore, reducing its stake amid a sharp stock decline. Cigarette tax hikes, inflation and rising oil prices weighed on performance. Investors now await quarterly earnings, while brokerages remain divided on the stock’s outlook and valuation prospects. ...Less

- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?
The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for ...More
The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now reevaluating their product claims and formulations as they face regulatory pressure. This heightened scrutiny could lead to rising operational costs and may require pricing changes for consumers. The increased compliance standards will likely benefit organized companies while posing significant challenges for smaller, unregulated businesses over time. ...Less

- Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this year
ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fide ...More
ITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds bought stakes. The transaction comes as ITC shares remain under pressure from taxation concerns and weak volume recovery. ...Less

- ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026
ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares c ...More
ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and BSE. The identities of the buyers and sellers involved in the reported transactions were not immediately known. ...Less

- ET Alpha Wealth Summit 2.0: AI can analyse portfolios, but investor behaviour drives returns, says Ravi Dharamshi
The rise of artificial intelligence is transforming how we analyze data and derive investment insights, y ...More
The rise of artificial intelligence is transforming how we analyze data and derive investment insights, yet human judgment plays an irreplaceable role in decision-making processes. Experts caution that merely processing data doesn’t assure favorable investment results. Investors should evaluate which insights resonate with their financial goals and risk levels. Financial advisors must embrace technology while safeguarding skills in communication and accountability, particularly during market fluctuations. ...Less

- ET Alpha Wealth Summit 2.0: How portfolio management is evolving with AI
The ET Alpha Wealth Summit 2.0 is scheduled for October 8, 2026, in Mumbai. This event will gather variou ...More
The ET Alpha Wealth Summit 2.0 is scheduled for October 8, 2026, in Mumbai. This event will gather various investment professionals including high-net-worth individuals and family offices. Some of the discussions will focus on the implications of AI for portfolio management and investment allocation. Expert sessions will explore the balance between human judgement and AI in making investment decisions. ...Less

- Rupee sinks to two-month low amid FPI selling and rising US yields
On Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio ...More
On Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold off investments amid rising US bond yields and dollar demand. The rupee surpassed the 96-level twice in three days, indicating intense market pressure. Custodian banks continued purchasing dollars, which also pointed to ongoing foreign outflows. ...Less

- ET Alpha Wealth Summit 2.0: Date, venue, speakers, agenda and registration
The ET Alpha Wealth Summit 2.0 set to be held on October 8 at ITC Maratha in Mumbai. Leading investment e ...More
The ET Alpha Wealth Summit 2.0 set to be held on October 8 at ITC Maratha in Mumbai. Leading investment experts will convene to discuss trends affecting capital flows and investment strategies. Keynote speeches and panel discussions will cover topics such as alternative assets, structured debt, and family office investment frameworks. The summit aims to provide insights into evolving wealth creation methodologies and the role of technology in investing. ...Less

- Indian rupee rebounds to 95.83 vs US dollar as crude prices ease
The rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude price ...More
The rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dollar selling by public sector banks and broader Asian currency gains also supported the recovery despite foreign investor outflows. ...Less

- AI in portfolio management: How technology is reshaping the manager’s role
Artificial intelligence is reshaping investment research and portfolio management, from screening stocks ...More
Artificial intelligence is reshaping investment research and portfolio management, from screening stocks and analysing data to identifying patterns and monitoring risks. At the ET Alpha Wealth Summit 2.0, leading investment professionals will discuss AI’s growing role in decision-making, its potential to improve investment processes and the continued importance of human judgement. ...Less

- Nifty nears longest losing streak in 25 years. Can bulls stop the 8th consecutive weekly selloff?
Indian equities face continued pressure from global uncertainty, crude prices and foreign investor outflo ...More
Indian equities face continued pressure from global uncertainty, crude prices and foreign investor outflows, but analysts see domestic resilience and moderating valuations providing support. The Nifty has become relatively cheaper after its recent correction, with earnings still growing. However, the near-term outlook hinges on the index holding 22,600 and attracting sustained buying to prevent an eighth consecutive weekly decline. ...Less

- Rupee snaps four-day winning streak, ends at 95.74 per dollar
The Indian rupee ended a four-day winning streak, weakening 15 paise to 95.74 per dollar as importer dema ...More
The Indian rupee ended a four-day winning streak, weakening 15 paise to 95.74 per dollar as importer demand and broad dollar strength pressured the currency. Easing crude supply concerns offered early support, while markets increasingly priced in a potential RBI rate hike. ...Less

- Rupee falls 22 paise as crude, dollar demand rise
The rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global ...More
The rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currency. Traders said RBI intervened through state-owned banks, while US-Iran tensions raised inflation and rate-hike concerns. ...Less

- Rupee gains for third day as crude eases, but volatility persists
The rupee strengthened for a third straight session to 95.8150 against the dollar as Brent crude eased to ...More
The rupee strengthened for a third straight session to 95.8150 against the dollar as Brent crude eased to $101.5 a barrel. However, dollar outflows, importer demand and geopolitical tensions limited gains, with analysts expecting continued volatility amid Middle East conflict and tariffs. ...Less

- HDFC Securities faces technical glitch, sparks user outrage amid market rebound
HDFC Securities faced a technical glitch on April 8 that prevented users from placing orders or viewing p ...More
HDFC Securities faced a technical glitch on April 8 that prevented users from placing orders or viewing positions, triggering widespread outrage on social media. The issue came during a crucial market rebound, intensifying user frustration. While the company acknowledged the issue, it has not yet disclosed the cause or provided a timeline for resolution. ...Less

- Will BSE shares recover from CAS hit? HDFC Securities rates stock 'add', sees revival in derivatives volumes
BSE could see derivatives volumes recover as the impact of the Closing Auction Session eases. HDFC Securi ...More
BSE could see derivatives volumes recover as the impact of the Closing Auction Session eases. HDFC Securities retained an ADD rating, citing early volume improvement, resilient market share and potential regulatory changes to address hedging challenges around expiry trading days. ...Less

- Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices
The Indian rupee declined further against the US dollar today. Rising Brent crude oil prices and foreign ...More
The Indian rupee declined further against the US dollar today. Rising Brent crude oil prices and foreign equity outflows pressured the local currency. This marks the third consecutive day of significant depreciation for the rupee. The Reserve Bank of India intervened by conducting dollar-rupee sell-buy swaps. These actions aimed to absorb excess liquidity from the inter-bank system. ...Less

- Global investing is no longer optional for Indian investors—but diversification is more than buying NVIDIA and Apple: Dhiraj Relli
But simply buying familiar names such as NVIDIA, Apple or Tesla does not automatically create a diversifi ...More
But simply buying familiar names such as NVIDIA, Apple or Tesla does not automatically create a diversified international portfolio, warns Dhiraj Relli, MD & CEO of HDFC Securities. ...Less

- Rupee falls to 95.11 vs US dollar as West Asia tensions drive oil fears
The rupee weakened 0.3% to 95.1050 against the dollar as escalating West Asia military tensions pushed Br ...More
The rupee weakened 0.3% to 95.1050 against the dollar as escalating West Asia military tensions pushed Brent crude above $100. RBI intervention helped limit losses, while traders expect the currency to remain volatile amid oil prices, geopolitical risks and potential de-escalation. ...Less

- India’s niche brokers see sharp rise in active trading users
The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leavi ...More
The landscape of Indian brokerage firms is changing as smaller platforms enjoy a boom in clientele, leaving larger firms in a state of flux. Experienced traders are gravitating toward these nimble, innovative platforms that emphasize robust trading capabilities rather than just competitive pricing. In contrast, giants such as Groww, Zerodha, and Angel One are seeing a notable decline in user growth. ...Less

- Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dynamics: HDFC Securities CEO Dhiraj Relli
India is grappling with rising global bond yields and surging oil prices, which are heightening imported ...More
India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challenges pose a threat to sustained corporate profits. Meanwhile, SEBI's auction initiative aims to bolster market integrity and enhance price discovery. Although RBI's new deposit guidelines provide some temporary relief amidst foreign exchange pressures, they don't offer a lasting solution. ...Less

- Happiest Minds shares fall for 5th day as merger concerns weigh
The stock of Happiest Minds Technologies has experienced a significant downturn due to uncertainty relate ...More
The stock of Happiest Minds Technologies has experienced a significant downturn due to uncertainty related to the ITC Infotech integration. Promoters will cash in, whereas minority shareholders are set to receive shares in the merger. The merger is expected to enhance long-term profitability. Yet, HDFC Securities has downgraded the stock, pointing out the lack of a takeover premium and the anticipated integration time. ...Less

- MSCI to delete Swiggy from standard indices on foreign ownership limit breach risk
MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership l ...More
MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership limit breaches. This deletion adds pressure on the stock, forcing passive funds to reduce exposure while limiting fresh foreign investment. ...Less

- HDFC Securities FY25 Results: PAT grows 18% YoY to Rs 1,125 crore
HDFC Securities reported an 18% YoY rise in FY25 profit to ₹1,125 crore, backed by strong income growth a ...More
HDFC Securities reported an 18% YoY rise in FY25 profit to ₹1,125 crore, backed by strong income growth and tech upgrades. Equity volumes surged 24%, while the MTF portfolio grew 50%, reflecting digital transformation and operational efficiency. ...Less

- BSE shares fall 4% to snap 3-day rally as Bernstein forecasts up to 17% downside
BSE shares fell sharply on Wednesday after Bernstein initiated coverage with an Underperform rating and a ...More
BSE shares fell sharply on Wednesday after Bernstein initiated coverage with an Underperform rating and a Rs 2,820 target, implying 17% downside. The brokerage expects retail participation in equity derivatives to moderate and BSE’s market share gains to peak in FY27. Meanwhile, CAS-related volume concerns add to the pressure. ...Less

- HDFC Securities launches discount broking app HDFC SKY with flat pricing
HDFC SKY, has introduced a one-price slab of Rs 20 for both intraday and delivery across segments, MTF at ...More
HDFC SKY, has introduced a one-price slab of Rs 20 for both intraday and delivery across segments, MTF at 12%, coupled with zero account opening and maintenance charges for the first year ...Less

- Brokerage Disclosures
The views/recommendations mentioned in the articles, wherever applicable, are those of the respective SEB ...More
The views/recommendations mentioned in the articles, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Here are the independent disclaimers by the respective analysts/brokerage firms. ...Less

- Groww leads India's top brokerages in July with over 70,000 new active accounts
Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth ...More
Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly shed active accounts during the month and year. ...Less

- Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?
Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and struc ...More
Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification, AI and data centres fuelled the rally. Analysts see further upside if supply constraints persist. ...Less

- SKS Microfinance IPO can give listing gains: HDFC Securities
HDFC Securities is of the view that the initial public offering of SKS Microfinance is expensive but stil ...More
HDFC Securities is of the view that the initial public offering of SKS Microfinance is expensive but still can give listing gains. ...Less
- HDFC Securities to shut franchisee business
"We want to clarify that our decision to pause partnerships was a strategic move made earlier this year," ...More
"We want to clarify that our decision to pause partnerships was a strategic move made earlier this year," said a HDFC Securities' spokesperson. ...Less
- Regulatory tailwinds to boost growth for MCX, says HDFC Securities, retains Buy for 18% gains
HDFC Securities retained its Buy rating on MCX with a Rs 3,600 target, citing regulatory easing, FPI part ...More
HDFC Securities retained its Buy rating on MCX with a Rs 3,600 target, citing regulatory easing, FPI participation and new bullion and metals index options. The brokerage expects these changes to boost options premiums, volumes and earnings while improving capital efficiency. ...Less
- HDFC Securities launches 'e-Will' writing service
Preparing a Will is just a click away as brokerage firm HDFC Securities has launched 'e-Will' writing ser ...More
Preparing a Will is just a click away as brokerage firm HDFC Securities has launched 'e-Will' writing service. ...Less
- HDFC Securities initiates coverage on Sona BLW with 'Add'; sees upside on EV-led growth
HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, c ...More
HDFC Securities initiated coverage on Sona BLW Precision Forgings with an Add rating and Rs 845 target, citing EV-led growth, strong R&D and product expansion. The brokerage expects sustained margin strength but flagged geopolitical, tariff and promoter-related risks as potential headwinds. ...Less
- HDFC Securities mobile trading app available in 11 languages
“This will help increase customer convenience and help make investing quick and simple for all, irrespect ...More
“This will help increase customer convenience and help make investing quick and simple for all, irrespective of the location,” says Dhiraj Relli, MD and CEO, HDFC Securities. ...Less
- HDFC Securities users face stock quote mismatch
HDFC Securities customers have been complaining of a mismatch between stock quotes displayed by the mobil ...More
HDFC Securities customers have been complaining of a mismatch between stock quotes displayed by the mobile application and those available online. There have also been instances of distorted portfolio valuation numbers experienced by the stock broker’s customers. ...Less
- HDFC Securities launches commodity derivatives trading on MCX
HDFC securities believes that commodity derivatives trading will scale new highs in the near future. ...More
HDFC securities believes that commodity derivatives trading will scale new highs in the near future. ...Less
- HDFC Securities downgrades Hero MotoCorp to 'Sell'
HDFC Securities has downgraded two-wheeler major Hero MotoCorp (HMCL) to 'sell' from 'neutral' after redu ...More
HDFC Securities has downgraded two-wheeler major Hero MotoCorp (HMCL) to 'sell' from 'neutral' after reducing FY14 volume estimates. ...Less
- Nifty rally to continue: VK Sharma, HDFC Securities
In a chat with ET Now, VK Sharma of HDFC Securities, gives his views on the Nifty rally. ...More
In a chat with ET Now, VK Sharma of HDFC Securities, gives his views on the Nifty rally. ...Less
- HDFC Securities launches discount brokerage platform Sky
"The app will provide access to a wide range of investment and trading offerings, including Indian stocks ...More
"The app will provide access to a wide range of investment and trading offerings, including Indian stocks, ETFs, mutual funds, futures and options, currencies, commodities, IPOs, and global equities on a single Fintech platform," said the firm in a release. "What sets HDFC Sky apart is its cutting-edge technology," said Dhiraj Relli, managing director, HDFC Securities ...Less
- Buy Nahar Industrial Enterprises Ltd., target Rs 124.5 : HDFC Securities
HDFC Securities cited attractive valuation at 0.53xFY18 p/bv ...More
HDFC Securities cited attractive valuation at 0.53xFY18 p/bv ...Less
- Punjab and Sind Bank IPO attractively priced: HDFC Securities
HDFC Securities is of the view that Punjab and Sind Bank IPO is attractively priced. However the bank wil ...More
HDFC Securities is of the view that Punjab and Sind Bank IPO is attractively priced. However the bank will have to deal with challenges like lower CASA ratio, technology and other issues. ...Less
- Expect current bull market rally to sustain for several years: Dipen Sheth, HDFC Securities
Whether it's consumer confidence, business confidence or investor confidence, there is a confluence of po ...More
Whether it's consumer confidence, business confidence or investor confidence, there is a confluence of positives, says Dipen Sheth. ...Less
- Buy Lupin, target Rs 2040 : HDFC Securities
The brokerage said investors should monitor guidance on R&D expense for FY17, updates on launches, Goa fa ...More
The brokerage said investors should monitor guidance on R&D expense for FY17, updates on launches, Goa facility remediation and progress of clinical trials in inhalers. ...Less
- HDFC Securities raises Bharti Airtel target to Rs 460/share
HDFC Securities has downgraded its rating to 'Hold' on Bharti Airtel after the recent run-up in the stock ...More
HDFC Securities has downgraded its rating to 'Hold' on Bharti Airtel after the recent run-up in the stock. However, the brokerage has increased its price target to Rs 460 per share. ...Less
- Buy Century Textiles for target of Rs 520: HDFC
HDFC Securities on Tuesday advised traders to buy Century Textiles for a target of Rs 520. ...More
HDFC Securities on Tuesday advised traders to buy Century Textiles for a target of Rs 520. ...Less
- Buy Paper Products for target of Rs 64: HDFC
HDFC Securities on Tuesday advised traders to buy Paper Products for a target of Rs 64. ...More
HDFC Securities on Tuesday advised traders to buy Paper Products for a target of Rs 64. ...Less
- Rupee dips, reversing intraday gains, as importer dollar demand dominates
The Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand i ...More
The Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand increased, and month-end pressures also contributed to the fall. A modest recovery in the dollar index further dampened the rupee's momentum. Banks absorbed two days of inflows after a holiday, increasing swap costs. The rupee had previously seen its biggest single-day rise after oil prices slipped. ...Less
- Sectors on which HDFC Securities is betting on in the New Year
HDFC Securities' top 10 stock picks for 2021 are: Bandhan Bank, Birla Corporation, GAIL, HPCL, HUL, Infos ...More
HDFC Securities' top 10 stock picks for 2021 are: Bandhan Bank, Birla Corporation, GAIL, HPCL, HUL, Infosys, Nippon AMC, ONGC, SBI and Sun Pharma ...Less
- Indian IT built to last: HDFC Securities
Tech spends in banking and financial services are likely to be robust despite a growth slowdown. This is ...More
Tech spends in banking and financial services are likely to be robust despite a growth slowdown. This is because banks continue to invest in building digital platforms and channels and decommissioning legacy applications as they deploy more automation and bots. ...Less
- HDFC Securities to soon launch 'E-Will' service
Through the E-Will service, the company will provide HDFC bank customers the facility to write their will ...More
Through the E-Will service, the company will provide HDFC bank customers the facility to write their will in a legal manner, Dhru said. ...Less
- HDFC Securities to open 50 branches this year
Brokerage firm HDFC Securities, said on Sunday it plans to open another 50 branches across the country du ...More
Brokerage firm HDFC Securities, said on Sunday it plans to open another 50 branches across the country during the current fiscal. ...Less
- HDFC Securities maintains 'buy' on Shree Cement
HDFC Securities has maintained its “buy” rating on the stock, saying it expects the earnings of the compa ...More
HDFC Securities has maintained its “buy” rating on the stock, saying it expects the earnings of the company to grow at a CAGR of 17% over FY08 to FY10E (estimated). ...Less
- HDFC Securities puts 'buy' on Bartronics India
HDFC Securities has initiated coverage on the stock with a ‘buy’ rating saying the fast growing AIDC (Aut ...More
HDFC Securities has initiated coverage on the stock with a ‘buy’ rating saying the fast growing AIDC (Automatic Identification and Data Capture) technology in India will further boost the company’s order book and topline. ...Less
- HDFC Securities now speaks to customers in Gujarati!
In a bid to tap the large number of Gujarati share traders, HDFC Securities, stock broking arm of HDFC Ba ...More
In a bid to tap the large number of Gujarati share traders, HDFC Securities, stock broking arm of HDFC Bank, has launched a toll-free Gujarati language call centre for its online customers. ...Less
- HDFC Securities puts 'buy' on Bartronics India
HDFC Securities initiates coverage on Bartronics India with a ‘buy’ rating. With 90% and 95% market share ...More
HDFC Securities initiates coverage on Bartronics India with a ‘buy’ rating. With 90% and 95% market share in smart card and radio frequency identification (RFID) segments. ...Less
- HDFC Securities surpasses Rs 25,000 crore in mutual fund AUM
HDFC Securities has surpassed ₹25,000 crore in mutual fund assets under management (AUM), with systematic ...More
HDFC Securities has surpassed ₹25,000 crore in mutual fund assets under management (AUM), with systematic investment plans (SIPs) contributing over 40% to its AUM. The firm emphasizes disciplined investing, customer education, and digital-first strategies. ...Less
- HDFC Securities expects India GDP to moderate to 6.4% in 2024-25
India's GDP is projected to grow by 6.4% in 2024-25. Rural demand and government spending will fuel this ...More
India's GDP is projected to grow by 6.4% in 2024-25. Rural demand and government spending will fuel this growth. Urban demand slowdown and weak private investment pose challenges. Growth is expected to improve to 6.7% in 2025-26. BFSI, industrials, cement, energy, and IT sectors will be key drivers. ...Less
- HDFC recommends 'sell' on Ranbaxy for target of Rs 230
HDFC Securities has downgraded Ranbaxy Laboratories (RLL) from Hold to “Sell” with a price target of Rs 2 ...More
HDFC Securities has downgraded Ranbaxy Laboratories (RLL) from Hold to “Sell” with a price target of Rs 230 per share in its post-result update. ...Less
- Add ICICI Securities, target Rs 560: HDFC Securities
HDFC Securities has add call on ICICI Securities with a target price of Rs 560. The current market price ...More
HDFC Securities has add call on ICICI Securities with a target price of Rs 560. The current market price of ICICI Securities Ltd. is Rs 465. ...Less
- Buy Sadbhav Engineering, target Rs 360 : HDFC Securities
HDFC Securities has given a buy call on Sadbhav Engineering Ltd. at a price target of Rs 360. ...More
HDFC Securities has given a buy call on Sadbhav Engineering Ltd. at a price target of Rs 360. ...Less
- Buy Tata Chemicals, target Rs 780: HDFC Securities
HDFC Securities has a buy call on Tata Chemicals at a price target of Rs 780. ...More
HDFC Securities has a buy call on Tata Chemicals at a price target of Rs 780. ...Less
- HDFC Securities to enter discount broking with a new product
Dhiraj Relli, chief executive of HDFC Securities, told ET that a large and growing customer base is looki ...More
Dhiraj Relli, chief executive of HDFC Securities, told ET that a large and growing customer base is looking for a different set of product offerings and services. "To cater to this segment of customers, we are launching an entirely new product," he added. ...Less
- HDFC Securities to enter discount broking to win market share
"I'm happy to say that our own HDFC Securities also has a plan and you will see that countering the threa ...More
"I'm happy to say that our own HDFC Securities also has a plan and you will see that countering the threats from discount brokerages with its own neo architecture or discount kind of an architecture as well," Jagdishan told the bank's shareholders at its annual general meeting on Saturday. He added that HDFC Securities will be responsible and exuded confidence that it will gain market share in the next 2-3 years. ...Less
- HDFC Securities bearish on Zomato, initiates coverage with ‘reduce’ rating
HDFC Securities has raised concerns about the long-term viability of quick commerce (QC), pointing to exe ...More
HDFC Securities has raised concerns about the long-term viability of quick commerce (QC), pointing to execution challenges and an overestimation of market potential. The QC sector is facing increasing competition, with deep discounting, delivery subsidies, and rapid dark store expansion. ...Less
- Reduce BPCL, target price Rs 250: HDFC Securities
HDFC Securities has maintained a reduce rating on Bharat Petroleum (BPCL) with a target price of Rs 250. ...More
HDFC Securities has maintained a reduce rating on Bharat Petroleum (BPCL) with a target price of Rs 250. BPCL's consolidated total income for Q3FY25 was Rs 113773.66 crore, up 9.94% QoQ but down 1.91% YoY. EBITDA stood at Rs 75.8 billion, and PAT at Rs 46.4 billion, below estimates. Promoters hold a 52.98% stake. ...Less
- Add Marico, target price Rs 785: HDFC Securities
HDFC Securities suggests adding Marico shares, targeting Rs 785. Marico's Q4FY25 results exceeded expecta ...More
HDFC Securities suggests adding Marico shares, targeting Rs 785. Marico's Q4FY25 results exceeded expectations, driven by strong domestic volumes. Foods and digital brands performed well. Profitability faced pressure from raw material inflation and advertising costs. The brokerage forecasts revenue, EBITDA, and PAT CAGRs of 9%, 11%, and 11% respectively for FY25-FY28E. Growth is expected from domestic business and international operations. ...Less
- Buy PCBL, target price Rs 524: HDFC Securities
HDFC Securities has given a buy call for PCBL Ltd. with a target price of Rs 524 to Rs 559 over the next ...More
HDFC Securities has given a buy call for PCBL Ltd. with a target price of Rs 524 to Rs 559 over the next 2-3 quarters. PCBL's Q2 FY25 results showed increased total income and profits. The brokerage expects strong revenue growth driven by exports, specialty carbon black, and expansion in the battery chemical segment. ...Less
- Reduce HPCL, target price Rs 340: HDFC Securities
HDFC Securities has recommended a reduce call on Hindustan Petroleum Corporation Ltd. with a target price ...More
HDFC Securities has recommended a reduce call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 340. The current market price is Rs 377.85. Key risks include lower auto-fuel marketing margins, reduced refining margins, and elevated debt levels due to high capital expenditure. Promoters hold 54.9%, FIIs 14.11%, and DIIs 21.56%. ...Less
- Buy NCC, target price Rs 335: HDFC Securities
HDFC Securities has issued a buy call on NCC with a target price of Rs 335, opposed to its current market ...More
HDFC Securities has issued a buy call on NCC with a target price of Rs 335, opposed to its current market price of Rs 196.25. Despite the company's in-line performance in Q3FY25, NCC has downgraded its FY25 revenue growth guidance to 5% from 15% due to slower L1 awards and an election-induced slow market. ...Less
- Nestle Research: HDFC Securities - Buy
With aggressive product launches, improved distribution reach, favourable demand scenario, we believe Nes ...More
With aggressive product launches, improved distribution reach, favourable demand scenario, we believe Nestle is poised to grow at a rapid pace in the future. ...Less
- HDFC Securities addresses franchisee business rumours, denies compliance issues
HDFC Securities clarifies rumors about closing franchise business, stating the pause was strategic for be ...More
HDFC Securities clarifies rumors about closing franchise business, stating the pause was strategic for better service. It continues growth with new offerings like Wealth Advisory and low-cost broking platform HDFC SKY. ...Less
- HDFC Securities initiates coverage on Swiggy, sets target price of Rs 430
HDFC Securities has initiated coverage on Swiggy, assigning an "Add" rating with a target price of Rs 430 ...More
HDFC Securities has initiated coverage on Swiggy, assigning an "Add" rating with a target price of Rs 430, based on the company's strong brand presence and user base. While the brokerage is optimistic about Swiggy's growth potential in quick commerce, it cautions that operational challenges may affect long-term profitability. ...Less
- Buy Grindwell Norton, sequential targets at Rs 459.5-487.5: HDFC Securities
HDFC Securities has a buy call on Grindwell Norton sequential targets Rs 459.5-487.5: ...More
HDFC Securities has a buy call on Grindwell Norton sequential targets Rs 459.5-487.5: ...Less
- HDFC Securities rates Suzlon ‘buy’, says company on the cusp of turnaround
Wind power company Suzlon Energy, which has been in the red for a long time, is on the “cusp of a turnaro ...More
Wind power company Suzlon Energy, which has been in the red for a long time, is on the “cusp of a turnaround” on the back of debt offloading and expectations of a favourable policy framework given the government’s focus on renewable energy, HDFC Securities said. ...Less
- HDFC Securities pays Rs 65 lakh to Sebi to settle regulatory violations
Domestic brokerage HDFC Securities on Tuesday settled with markets watchdog Sebi a case pertaining to all ...More
Domestic brokerage HDFC Securities on Tuesday settled with markets watchdog Sebi a case pertaining to alleged non-compliance with regulatory norms on payment of Rs 65 lakh towards settlement amount. ...Less
- Buy MOIL Ltd. target Rs 445 : HDFC Securities
Buy MOIL Ltd. at a price target of Rs 445. ...More
Buy MOIL Ltd. at a price target of Rs 445. ...Less
- Buy Infibeam target Rs 1240: HDFC Securities
Buy Infibeam at a price target of Rs 1240 and a stoploss at Rs 1050 from entry point ...More
Buy Infibeam at a price target of Rs 1240 and a stoploss at Rs 1050 from entry point ...Less
- Eight stocks in the time of uncertainty, as per HDFC Securities
The upmove may face resistance as macros are uninspiring, the capex cycle is moribund, demand is weak, an ...More
The upmove may face resistance as macros are uninspiring, the capex cycle is moribund, demand is weak, and the factory output sluggish. ...Less
- Buy Cipla; target Rs 605: HDFC Securities
Buy Cipla Ltd. at a price target of Rs 605. ...More
Buy Cipla Ltd. at a price target of Rs 605. ...Less