Equity benchmark indices tumbled nearly 1.5 per cent on Monday due to heavy selling in frontline stocks Reliance Industries, ICICI Bank and HDFC Bank amid rising geopolitical risks in the Middle......
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. Illustration: Uttam Ghosh/Rediff.com However, the volume of......
After the latest rout, the American depositary receipt (ADR) premium of HDFC Bank to its local shares has shrunk to nearly zero. Photograph: Danish Siddiqui/Reuters Shares of HDFC Bank on......
The country’s most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Photograph: Shailesh Andrade/Reuters Two data indicators,......
On a five-day rolling basis, FPI selling is the highest in 24 years. IMAGE: A broker reacts as he trades at his computer terminal at a stock brokerage firm in Mumbai. Photograph: Francis......