In the new week, the Sensex will see a flurry of between 38666 and 37966

(Gujarat News Representative) Mumbai, Ta. February 29 - Saturday

The global economy is shaking in the wake of the Corona virus, and with many countries struggling with the virus, global markets have been the worst since last week. With the virus inflating the global stock market, the international markets for crude oil broke down amid a global recession, with Brent plummeting below the $ 1 level and Brent $ 1.8 billion. The bottom has come. Continued erosion in the US stock markets continued on the weekends, with the Dow Jones breaking 5 points and erosion in European markets. Among the rising cases of Corona virus, Indian stock markets also lost 5 points in five trading days last week, leaving investors with more than Rs 1 lakh crore in assets. This huge correction in stocks is likely to continue in the coming weeks amid a backlash. So caution will be necessary despite any reflexive fluctuations in the index base.

In fact, 'Corona' had just arrived on a budget day ...! So the Sensex 3 was given a hint that it would fall

In fact, the 'corona virus' in Indian stock markets had actually arrived on February 2, just after the introduction of the central budget, meaning that the Indian markets had begun to crumble due to bad budgets. From here, in the February 2 edition, it was stated that the fund had made the expected offloading in the central budget unhappy with the expectations of the president. With the old system of income tax now the government has announced to give cheat reliefs by withdrawing the six exemptions by making new arrangements in the budget for income tax rates. With this central budget, there are clear signs that the market is entering a zone of large correction. Also, it is clear that this will show the bottom of the Sensex 2 in the direction of large correction. So index-based precaution will now be necessary in stocks. Of course, this index will look for better stocks to invest in, potentially reducing the risk of large correction. These signs were given here in advance. Of course, after the tightening of the budget day, there was an attempt to calm the critics by launching a Jedi fight to calm the critics, showing the artificial shortage of funds going up the following week. So now in the last one week, it is now clear that the previous artificial boom has been eradicated by only modifying the corona virus. For the past two weeks, it has been clear that small, mid cap stocks will witness a massive erosion and large correction is likely by mid-March. According to which all rounds in the stocks have been eroding. This line is likely to last forever.

Market outlook on manufacturing, services PMI, vehicle sales figures for February after weak GDP figures

After the third quarter of GDP growth was declared weak, now the manufacturing PMI figure for India's February 1 month, which will be released on Monday, March 7 next week, the services PMI for Wednesday, March 3, and the company from March 1 to March 6. The market will look at the sales figures. In the meantime, the market will look at the mega IPO of SBI Cards and Payment Services, which opens next week, March 7 amid a flurry of global markets. With this, the price of crude oil on the international front will be monitored at rupee-dollar value. In the next week, the Sensex is likely to fluctuate between 1 to 3 and the Nifty 5 to 3.

Dark Horse: HDFC BANK LTD.

BSE (1), promoted by India's leading housing finance company HDFC on August 3 and started as a scheduled commercial bank in January 1, according to the NSE (HDFCBANK) listed Rs. 8 Paid-up HDFC Bank Ltd. (HDFCBANB, Ltd.). Banks expand through 3 branches - branch, 1.5 ATM network and phone banking, net banking network in 4 villages and cities. Jani provides financial products and services. Eurom's Award for Excellence 1, Renewed as Outstanding Company in Banks in India, Outlook Money Award 2, CNBC-Aavaz CEO Awards 2-Aditya Puri, ICAI Awards 2, Numerous Awards including Various Credit Agencies for Various Credit Agencies Plus, there are three major businesses - Avon Plus Ratings, Retail Banking, Wholesale Banking and Treasury. The leading and fastest-growing bank in these segments: (2) Business Leader of the Year - Aditya Puri-Aima Managing India Award (1) World 7 Best CEO - Aditya Puri Barons Award (1) Best Managed Public Company - India Best Aditya Puri Finance Asia Paul on Asia's Best Companies-1 (2) Best Corporate Governance-Rank to Award (1) Best Investor Relations-Rank-2 Award (1) Morgan rekagnijhana Quality Award (7) the bank receiving the Best in Class Award straight thura Processing rats. As of December 1, the bank's total balance sheet size has increased by 8.5 percent to Rs 1,4,5 crore as compared to Rs. With this, the business of the bank has increased by 5% as of December 1, to Rs.

(2) Retail Banking:

Loan Products: Auto Loan, Personal Loan, Home Loan / Mortgages, Commercial Vehicle Finance, Retail Business Banking, Credit Card, Loan Against Gold, Two-Wheeler / Consumer Durable Loans, Construction Equipment, Loan Against, Securities And Securities , Education Loan, Self Help Group Loan, Joint Liability Group Loan, Kishan Gold Card.

Deposit Products: Savings Account, Current Accounts, Fixed / Recurring Deposits, Corporate Celebrity Accounts

Other Products - Services: Depository Account, Mutual Fund Sales, Private Banking, Insurance Sales, NRI Services, POS Terminals, Debit Cards, Foreign Exchange Services, Broking (HDFC Securities)

(3) Wholesale banking:

Commercial Banking: Working Capital, Term Loan, Bill / Invoice Discounting, Forex-Derivatives, Wholesale Deposits, Letter of Credit Guarantees

Transaction Banking: Cash Management, Custodial Services, Clearing Bank Services, Correspondent Banking, Tax Collection, Bankers to Public Issues

Investment Banking: Debt Capital Markets, Equity Capital Markets, Project Finance, M&A Advisory

(3) Treasury:

Products-Segments: Foreign Exchange, Debt Securities, Derivatives, Equities

Other operations: Asset Liability Management, Statutory Reserve Management

Subsidiaries:

(1) HDB Financial Services Ltd.:

NBFC Company Retail (LLP, CV / CE, PL) provides Insurance Services and Collection Services through 3 branches in 4 cities. As of December 1, 2014, the balance sheet of Rs. 1 crore, the monthly net profit was Rs. 8 crore, the capital gains ratio was 5.7%. HDFC Financial Services Limited holds 8% holdings in HDFC Bank.

(1) HDFC Securities Ltd. *

The company, which has a sophisticated trading and Internet platform in one of the leading equity broking units in the country, has achieved a net profit of Rs 1 crore as of 1 December and 9 monthly from April 1 to December 2.

Financial details:

Deposits:

As of December 1, the total deposits have increased by 5.9 per cent to Rs. In which the bank's savings deposits increased by 5% to Rs. 5,3 crore and current account deposits increased by 5% to Rs. Term deposits increased by 5% to Rs.

Lending:

As of December 1, December 5, credit increased by 5.9 percent to Rs.

Non-performing assets (NPAs):

According to the data of December 1, the bank's general NPA pressure increased by 8 percent and net NPA by 8 percent, with the bank pushing for normal loan sinking and stabilizing strong provisions. Provision coverage ratios are at 5% at the end of December 1. The retail segment of the bank has seen steady stability in terms of asset quality, while commercial vehicles and commercial equipment segments have been a worrying situation.

According to the bank's total capital advisory ratio Basel Three Guidelines, it was 5.7 percent as of December 1, compared to 5 percent at the end of December 1. The bank continues to grow in growth with its strong distribution network, with a track record of adding 5 branches in FY13. In the nine months ended December 1, the bank added three branches.

The bank's fee income has been strong, with third-quarter October-December 1 growth of non-interest income growth of 5%. In addition to interest income, fees and commissions revenue increased by 5 percent to Rs 1.8 crore, foreign exchange and derivatives revenue increased by 5 percent to Rs 1.8 crore, and profit on sale or revival of investments increased 5 percent to Rs 1.5 crore Other Recoveries and Dividend Income increased by 5% to Rs.

Dividend:

1 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1

Book value:

Rs 5 for March 1, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, expected March 5 at Rs 5.

Financial Results:

(3) Full financial year April 1 to March 3:

Net income increased to Rs. 5.7 crore compared to Rs. 9.5 crore. Net profit increased to Rs. 5.9 crore from Rs. It was increased from Rs. 5 to Rs.

(3) Third quarter October 3 to December 3:

Net interest income increased by 5% to Rs. 9.5 crore compared to Rs. 9.5 crore. Net profit increased 5% to Rs. 8 crore compared to Rs. 2 have achieved.

(2) First nine monthly April 1 to December 3:

Net income increased by 5 percent to Rs 5.9 crore, compared to Rs 9.5 crore, net profit increased by 5 percent compared to Rs 8.5 crore, registering Rs 5.7 crore for nine months per share. The revenue has earned Rs.

(3) Expected Fiscal Year April 1 to March 3:

Net income is expected to be Rs 1.7 per share, with net profit of Rs 1.8 crore and net profit of Rs.

(2) Valuation: Single B:

The private sector bank is limited to this bank against an average P / E of 1.5, but even if it gives a P / E of 1, the valuation can be worth Rs. 1. Earnings per expected share are available at Rs.1.5 and P / E of 5.7 against expected book value of Rs.

Manoj Shah: Research Analyst (SEBI REG. NO. INH000000107)

Author Sebi is a Registered Research Analyst: Disclosure Cum (Readers take special note) Warning: (1) The author has no investment in the shares of the above companies. (2) Our sources of interest, such as broking houses, promoter views, personal research analysts, portfolio management, or their team may be of direct or indirect interest. (1) It is advisable and advisable to maintain a 5% stop loss exclusively from the price of the recharge. (2) Valuation H, BB, BBB, top gainers are all possibilities, so don't be tempted to invest. (2) Usually 1 out of every 4 scrips is true and 4-5 scripts are wrong. (2) The answers given in the Feedback e-mail: arjuneyems@gmail.com also apply to all the above points. (3) The reader, the investor, should take personal decisions at personal risk. Gujarat News writer, editor and any person will not be responsible for your loss. So invest in identifying the risk-taking risk of the stock market.