HDFC Bank Limited (HDB) : Investors lapped up stocks on upticks to the tune of $0.84 million in the Mondays trading session. The trading value on downticks was comparatively at $0.08 million and the uptick to downtick ratio of 11.05 indicates continuous buying by the bulls. The net money flow into the stock was $0.76 million. Upticks saw transactions worth $0.79 clearly indicating buying by large investors. The total money flow for block trades stood at $0.79 million, which is a positive for the stock in the long-term. HDFC Bank Limited (HDB) fell $0.03 during the day at $69.87, a drop of -0.04% over the previous days close. However, for the week, the stock is 0.32%, compared to the previous week.
Shares of HDFC Bank Limited rose by 1.51% in the last five trading days and 3.11% for the last 4 weeks. HDFC Bank Limited is up 10.26% in the last 3-month period. Year-to-Date the stock performance stands at 15.43%.
HDFC Bank Limited (NYSE:HDB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.00 and $69.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.65, notching a gain of 1.07% for the day. The total traded volume was 383,886 . The stock had closed at $69.90 on the previous day.
HDFC Bank Limited (HDFC Bank) is a banking company. The Bank is engaged in providing a range of banking and financial services including commercial banking and treasury operations. It operates in four segments: Treasury, Retail Banking, Wholesale banking and other banking business. The treasury segment primarily consists of net interest earnings from the Banks investment portfolio, money market borrowing and lending, gains or losses on investment operations. The retail banking segment serves retail customers through a branch network and other delivery channels. The wholesale banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, Government bodies, financial institutions and medium scale enterprises. Other banking business segment includes income from para banking activities, such as credit cards, debit cards, third-party product distribution, primary dealership business and the associated costs.