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The lender on Saturday reported an 18.2 per cent year-on-year rise in net profit at Rs 8,186.5 crore while net interest income was up 12.6 per cent from year-ago level at Rs 17,120.2 crore. CLSA, BoB Caps, Edelweiss, Elara Securities and ICICI Securities have maintained ‘buy’ rating. Shares of HDFC Bank ended down 0.12 per cent at Rs 1,428.45 on Friday.
Asian stocks drop amid rising US bond yields; dollar hits 3-month highSpot gold slid another 0.2% early Friday to stand at $1,694.0600 per ounce, trading below $1,700 for the first time since June 2020.
from Stocks-Markets-Economic Times https://ift.tt/30bdXkc
… Read MoreAfter Powell, Nasdaq plunges; ends nearly 10% below record highLosses in the market accelerated in early afternoon after remarks from Federal Reserve Chair Jerome Powell fueled investor worries.
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… Read MoreOPEC, allies agree to keep oil production cuts in place, prices jump
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… Read MoreUS fed chair Jerome Powell optimistic about recovery, commits to keep interest rates unchanged
from Stocks-Markets-Economic Times https://ift.tt/3sPVmGz
… Read MoreSGX Nifty down 188 points; here's what changed for market while you were sleepingAsian stocks skidded as rising US Treasury yields rattled equity investors while hoisting the dollar to a three-month high.
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