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HDFC Bank
Hold Or Sell HDFC BANK
Posted by :
kadiyaliTracked by: 0 Boarder
Sell immediately and reinvest in March 09....
In reply to:
Hold Or Sell HDFC BANK
Posted by : Guest
currently HDFC is at 950 , Shall I sell or Hold these ? 
Hold Or Sell HDFC BANK
Posted by : kadiyaliTracked by: 0 Boarder
Sell immediately and reinvest in March 09....
In reply to:
Hold Or Sell HDFC BANK
Posted by : Guest
currently HDFC is at 950 , Shall I sell or Hold these ?
Hold Or Sell HDFC BANK
Posted by : GuestTracked by: 0 Boarder
currently HDFC is at 950 , Shall I sell or Hold these ?...
Well positioned bank with less-risky operations
Posted by :
bmunroTracked by: 0 Boarder
HDFC bank will lead the gaining days of index. In the current economic environment this is the well positioned private bank in strong position to amplify operations in India. Once we consolidate and discount the -ve news , I expect it to happen in 2- months. Then on we should start the next phase of bull run. then I see HDFC bank will be the lead gainer .
I hope Citi bank to fix its base and continue to operate with moderate profits. For that matter I am discarding a full stock sale from them.
-BM. ...
US-listed Indian firms lose $6 bn in a week.
Posted by :
pyaretajTracked by: 0 Boarder
NEW YORK: Indian companies listed on the American bourses lost nearly six billion dollars in just one week, with the market value of HDFC Bank eroding as much as 1.38 billion dollars, amid worsening financial turmoil and scour corporate news battering world markets.
The 16 Indian firms in the New York Stock Exchange and Nasdaq collectively lost 5.74 billion dollar in their market capitalisation for the week ended November 21, even as two companies gained valuation.
In recent weeks, the American markets went into a tailspin primarily due to heightened concerns of a protracted economic slowdown and declining consumer spending in the world`s largest economy.
Among the 16 Indian stocks listed as American Depository Receipts, apart from HDFC Bank, another private sector lender ICICI Bank too lost more than one billion dollars of valuation.
While the market value of HDFC Bank tumbled 1.37 billion dollars, that of ICICI Bank dropped 1.12 billion dollars.
However, pharma major Dr Reddy`s Laboratories and outsourcing firm Genpact added to their market capitalisation. Dr Reddy`s Laboratories witnessed a rise of 37 million dollar in valuation, whereas Genpact`s value increased by 4.3 million dollars.
IT bellwether Infosys` market valuation eroded by one billion dollars, while that of IT major Wipro decreased by 863 million dollars. In addition, Satyam Computer Services saw a value erosion of 457 million dollars.
Further, leading auto maker Tata Motors lost 77 million dollars and telecom entity Tata Communications saw a decline in value to the tune of 677.17 million dollars.
Other entities whose market capitalisation declined are internet firms -- Sify Technologies and Rediff, outsourcing entities -- WNS and EXLService Holdings, leading copper producer Sterlite Industries, telecom company Mahanagar Telephone Nigam Ltd and IT firm Patni Computer Systems.
On Friday, the major American indices -- Dow Jones Industrial Average, S&P 500 and Nasdaq Composite -- snapped its four-day losing streak to close in the positive territory.
Dow jumped 494 points to end the day at 8,046.42 points, while S&P 500 rose over six per cent to 800 points. Nasdaq Composite jumped more than five per cent to close at 1,384.35 points.
The surge in stocks was mainly due to media reports that President-elect Barack Obama would appoint Timothy Geithner as the new Treasury Secretary. Geithner is presently the President of the Federal Reserve Bank of New York.
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Hdfc bank down target=800....
Posted by : marketmanTracked by: 0 Boarder
The downward target is very well achieved.......
In reply to:
Hdfc bank down target=800....
Posted by : marketman
The stock of hdfc bank can fall to 800 in coming sessions.... overall slowdown in indian economy will effect its profit margins.... no growth is seen in its bottomline in comining qurters.... so,its investors need not hold at present price....
HDFC Bank among major losers
Posted by :
victor5Tracked by: 0 Boarder
please DO NOT use sms language in Chat-Rooms, because it becomes very difficult to read
and above all
it is considered bad manners to write in this *d* language over here
and why do you write MA instead of Am????
Didnt mean to offend you
Regards
victor5 {Vivek}...
In reply to:
HDFC Bank among major losers
Posted by : BullSheetRules
Anyway, HDFC bank all set to move to 1150+ (1200+) as conservative target in ST/MT!
HDFC bank has strong support around 880
Gud luk & happy investing! :)
IT’S ALL ABOUT SENTIMENTS!
Posted by : vtycoonTracked by: 0 Boarder
Mrs.Abha Pandey, a housewife in suburban Mumbai is currently very busy – she is moving all her money from ICICI Bank to her account in Indian Bank. She is also opening a new account with the neighbourhood branch of SBI, though it is a little far from her home, she says, “ at least my money will be intact”.
This is not about Abha Pandey alone; this is the general psyche of all. Everyone is currently wary about the private sector banks and feel more safe with the PSU banks.
The one big question doing the rounds amongst the analysts is why are the private sector banks facing the ire of the investors on the bourses while the PSUs banks have turned into the toast of the town? On one hand there is relentless selling in private sector bank stocks while on the other hand, buying is happening on the PSU bank counters. Why this disparity when both operate in the same macro economic conditions?
People are selling in the private sector bank counters as currently the sector is going through a crisis of confidence. In the aftermath of the global financial crisis, when big rocklike institutions sunk into oblivion, the panic that it created is yet to subside. The news that some of the major private sector banks have exposure and would be facing the brunt of the collapse left investors running helter skelter. The mad rush of people, withdrawing and closing their accounts in ICICI Bank was a fact pointing towards this crisis. ICICI Bank announced that it had set aside $28 million for losses related to Lehman Brothers Holdings Inc.`s bankruptcy. Though ICICI Bank clarified that it’s exposure is not big enough to sink the bank and was safe, people just did not want to take the risk. On the other hand, the Finance Minister issuing a statement that public sector banks do not have any or have miniscule exposure to the forex crisis helped reinstate some faith back. So people are increasing their deposits with PSU banks and reducing the exposure to private sector banks. Now this is very real and almost everywhere, in every income group, we find people going back to the PSU banks.
This run up on the deposits is expected to put the private sector banks under some pressure in the second half of the current fiscal. That apart, the exposure to forex losses continues to remain a risk and the end-of-the-year balance sheets of many would see streaks of red. ICICI Bank today has halved its target for growth in lending to 15% due to high borrowing costs and a slowing economy, which is denting demand for loans in India. This has only helped push the investors further away.
RBI is trying its level best to infuse liquidity back into the system. Though PSU banks have reduced their interest rates, private sector banks are still holding on to their horses. For now, they have adopted a wait-and-watch stance and are expected to reduce their rates only when cost of money goes down.
Over the weekend, RBI also announced measures to give a boost to the realty sector but this has really not helped, infact the markets ignored this fact completely. Why? The perception is that RBI has only withdrawn the measures it had taken to cool down the realty sector when it was overheated, it has not exactly given any new sops.
Even if banks were to cut the rates, at this juncture, they will tend to be very selective about whom and how they will lend to. The entire focus of the banks is now about reducing NPAs and not about getting more business. The aim is to survive. Many foreign brokerages have put sell on private banks due to expected compression in margins.
And why do investors and people prefer parking their funds with PSU banks? The most obvious reason – it is safer. The feeling is that in the event of a crisis, there is the Govt to bail them out as they are the Govt’s responsibility first. And the perception is that PSU banks are more conservative and their recent non-exposure to the global crisis has left them smelling of roses.
If one looks at the current valuations of the private sector banks on the bourses, the prices seem unbelievable. Yet, even at these levels, there are no buyers. It’s all about sentiments. Once the sentiments improve, the same people who had put a sell would rush to buy and then, even at prices that would be 50% higher than the present prices, these banks would be touted as “best buys”.
...
HDFC Bank among major losers
Posted by : BullSheetRulesTracked by: 0 Boarder
Anyway, HDFC bank all set to move to 1150+ (1200+) as conservative target in ST/MT!
HDFC bank has strong support around 880
Gud luk & happy investing! :) ...
HDFC Bank among major losers
Posted by : basruruTracked by: 0 Boarder
today it is HDFC Bank turn, next week Bharti will lose, week by week all strong sensex shares will lose stream....
In reply to:
HDFC Bank among major losers
Posted by : MMB Messenger
HDFC Bank is among major losers on the Sensex. It had touched an intraday high of Rs 1,015 and an intraday low of Rs 936.25. At 11 am, the share was quoting at Rs 939.50, down Rs 72.1, or 7.13%. It was trading with volumes of 179,064 shares.
HDFC Bank among major losers
Posted by : MMB MessengerTracked by: 0 Boarder
HDFC Bank is among major losers on the Sensex. It had touched an intraday high of Rs 1,015 and an intraday low of Rs 936.25. At 11 am, the share was quoting at Rs 939.50, down Rs 72.1, or 7.13%. It was trading with volumes of 179,064 shares....
HDFC Bank buying Catholic Syrian?
Posted by : GuestTracked by: 0 Boarder
Is HDFC Bank close to buying Catholic Syrian Bank? The bank vehemently denies such a development, but financial industry sources say the Aditya Puri-led tech-savvy bank, which has already folded in Centurion Bank and through it, the erstwhile Bank of Punjab, could be hungry for the south-based bank to consolidate its nationwide hold.
This could be the best time to go shopping as banks with stronger balance sheets seek size and scale. The going has been tough in 2008-09 for the banking industry especially for the smaller players. The RBI data shows in 2007-08 Dhanalakshmi Bank and Nainital Bank had capital and reserves of Rs 172 crore and Rs 146 crore respectively, while the minimum required was Rs 300 crore.
Catholic Syrian Bank and Lakshmi Vilas Bank fall on the borderline with just about over Rs 300 crore of capital and reserves. Catholic Syrian Bank`s capital and reserves stood at Rs 305 crore and Lakshmi Vilas Bank had Rs 418 crore in 2007-08.
Analysts said the smaller banks are scouting for possible buyers at this juncture especially at the wake of the global meltdown that has made expansion and capital-raising a daunting task.
Dhanalakshmi Bank registered a net profit of Rs 8.78 crore for the second quarter in the current fiscal, a growth of about 18 per cent compared with the corresponding period in the previous year.
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Hdfc bank down target=800....
Posted by : marketmanTracked by: 0 Boarder
The stock of hdfc bank can fall to 800 in coming sessions.... overall slowdown in indian economy will effect its profit margins.... no growth is seen in its bottomline in comining qurters.... so,its investors need not hold at present price.......
Hdfc may be merged into Hdfc bank....
Posted by : KARUNASTracked by: 0 Boarder
This merger is not to come in a near future and over this there no such move by the hdfc as such. Even then the bank is on sound footings and will move alongwith the market....
In reply to:
Hdfc may be merged into Hdfc bank....
Posted by : marketman
Hdfc may be merged with the hdfc bank and thus this bank will become largest pvt sector bank in india interms of net income....
this marriage may not give yields to both the investors.... sell both the stocks and reenter in hdfc bank after deeper falls....
HDFC-HDFC Bank merger possible: Parekh
Posted by : GuestTracked by: 0 Boarder
FinancialExpress:Deepak Parekh, chairman, Housing Development Finance Corporation (HDFC) has indicated a possible merger of HDFC-HDFC Bank in near future. However, he did not elaborate his statement on such a proposed move, while responding to a question asked by industrialist Anand Piramal at an event held at Indian Merchants Chamber in Mumbai on Tuesday. ...
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