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HDFC Bank has been making a big comeback! After facing some jokes and doubts due to a merger with its parent company, HDFC, its shares have soared by ₹3 lakh crore in just six months.

Once overshadowed by ICICI Bank, HDFC Bank is now outperforming its rival in recent months. Analysts believe that the bank is stronger after the merger and is set for steady growth. In the past six months, HDFC Bank’s stock price has increased by about 19%, making it the best-performing large private bank in India. Its stock even hit a new high of ₹1,880 recently, and its market value reached an impressive ₹14 lakh crore!

Many experts are optimistic, giving price targets as high as ₹2,550. Out of 40 analysts, none suggest selling the stock, and 28 recommend buying it strongly. For BNP Paribas, HDFC Bank is the top pick in the banking sector, even better than ICICI Bank.

In the September quarter, foreign investors bought a lot of HDFC Bank shares, increasing their stake by 0.85%. They spent about ₹11,000 crore on the bank. Retail investors, however, seem to have missed out, as they were selling their shares during the same period.

Recently, there has been more interest in HDFC Bank, especially after its increased index weight due to MSCI’s November changes. This attracted around $1.88 billion from passive investments.

HDFC Bank expects its loan growth for this year to be slower than the overall market but plans to grow faster in the following years. The bank’s loans are performing well despite some issues faced by smaller banks, making it a safe choice for investors. Market expert Sandip Sabharwal explains that when smaller banks struggle, people flock to quality banks like HDFC Bank.

Investors are also watching for good news with the upcoming IPO of HDB Financial Services, a subsidiary of HDFC Bank.

(Disclaimer: The opinions shared by experts are their own and do not represent the views of Niftystat

Stocks in Hong Kong and Shanghai rose sharply on Tuesday after China promised to make it easier for people and businesses to borrow money. This is part of a new plan to help revive China’s struggling economy. President Xi Jinping and other leaders said they would use a more relaxed approach to money management, which raised hopes for lower interest rates.

This announcement is significant because it marks the first major change in China’s economic policy in over ten years. The news also comes at a time when there are worries about President-elect Donald Trump’s tough trade policies, which could create more tension between China and the United States.

In recent years, China’s economy has faced many challenges, including weak consumer spending and problems in the property market. Leaders have been trying to kickstart growth while cautiously managing the economy. Shehzad Qazi, from a consulting firm, pointed out that China is focusing more on its financial strategies for 2025 now that they are preparing for possible tariffs from Trump.

Hong Kong’s stock market jumped more than 3% at the start of trading on Tuesday, building on a nearly 3% increase the day before. The Shanghai stock market, which finished before the news was out, rose over 2% in early trading on Tuesday.

However, some experts cautioned that past government announcements have often fallen short of expectations. They believe that for the new monetary policies to work, trust in businesses and households must be restored.

Meanwhile, in South Korea, the stock market bounced back by more than 2% after President Yoon Suk Yeol temporarily declared martial law on December 3. Although he quickly withdrew the order, it had already caused panic in an economy that’s been struggling with its own issues, especially with Trump promising to return to strict trade measures.

Yoon narrowly avoided being removed from office during a vote in parliament, but he faces multiple investigations into his actions. The South Korean won improved slightly against the dollar but remains weak due to ongoing uncertainty.

Most other Asian markets had mixed results, with Japan, Singapore, and Manila showing gains, while Sydney, Taipei, Wellington, and Jakarta experienced declines. The overall mood was cautious, as investors awaited important inflation data from the US later this week.

Key Market Updates:

– Hong Kong’s Hang Seng Index: Up 1.4% at 20,692.44
– Shanghai Composite: Up 1.5% at 3,492.45
– Seoul’s Kospi: Up 2.4% at 2,416.00
– Tokyo’s Nikkei 225: Up 0.1% at 39,197.42

Tata Motors is in the spotlight this Tuesday! The car company just announced that starting January 2025, it will raise the prices of its cars, including electric ones, by up to 3%. This price hike is happening because many car makers are dealing with rising costs.

Tata Motors said they need to increase prices due to higher expenses for materials and inflation. They explained that rising global commodity prices, high import duties on raw materials, and problems in the supply chain are making it harder for them.

Famous for their small SUVs like the ‘Nexon’ and ‘Punch’, Tata Motors has already increased car prices twice this year. Many car manufacturers, including Maruti Suzuki, JSW MG Motor, and Hyundai Motor India, also announced they would raise their prices starting in January. Maruti Suzuki plans to add up to 4% to their prices, while JSW MG Motor will increase its prices by 3%. Hyundai will add up to Rs 25,000 to its cars. Even Kia, which sells popular models like Seltos and Sonet, will raise its prices by 2%.

On Monday, Tata Motors’ shares fell by 2%, closing at Rs 798 on the BSE. However, in the last year, their stock has gone up by 11%, and over the past five years, it has amazed investors with a whopping 352% return!