HDFC Bank share has underperformed the Nifty Bank in the last one year and also year till date. Looking at the current price action and technical as well as fundamental factors is it going to reverse its performance?  

List of the stocks where sell positions are being covered in the F&O segment.

Following are the stocks where profit booking is seen taking place in the F&O segment.

Star Housing Finance Limited (Star HFL), has announced that its board has approved capital raise proposal by way of issue and allotment up to 10,61,340 fully paid up equity shares of face value of Rs.10  each at an issue price of Rs.89  including a premium of Rs.79 each for an allotment size of Rs.9.44 crore by way of preferential allotment. The transaction is subject to customary regulatory approvals as well as approval by shareholders. 

The objective of the fund is to provide returns that closely correspond to the total returns as represented by the NIFTY Healthcare TRI, subject to tracking errors.

For the next week, the level of 17,948-17,452 is an important zone. Either side breakouts will give clarity on the trend. Stay cautiously optimistic!

The markets inched closer to all-time highs after gaining nearly 500 points on Thursday. The broader markets were seen outperforming the frontline indices while the realty , consumer durables and auto stocks outperformed. 

Thursday turned out to be a terrific day for the Indian markets as Nifty gained 0.82 per cent and closed within a striking distance from the 17,800 mark. Meanwhile, Nifty Midcap 100 hit a fresh all-time high as it jumped 1.88 per cent and Nifty Smallcap 100 rose 1.22 per cent.

With a strong comeback from the bulls on D-Street, we have picked three stocks based on the T20 breakout system, which should be on your watchlist.   

On Thursday, the benchmark indices started the trading session on a gap up note. Sensex jumped almost 500 points higher whereas Nifty gained beyond 160 points. The benchmark indices showed some strength at the end of the first half and showed some selling pressure in the second half. Sensex closed at levels of 59,677.83 and Nifty at 17,790.35. Titan, M&M, Maruti Suzuki, IndusInd Bank and Sun Pharmaceuticals were the top gainers within Sensex.