Day Trading Stocks & Futures

HDFC Bank going up on good results despite people saying their borrowers are not paying....they have given unsecured loans to anyone and everyone.......actual numbers telling a totally different story.....
 

siddhant4u

Well-Unknown Member
HDFC Bank going up on good results despite people saying their borrowers are not paying....they have given unsecured loans to anyone and everyone.......actual numbers telling a totally different story.....
This is why hdfc bank gradually shifted from majority retail side to wholesale business. earlier retail use to constitute 55% of total loan book now it has been reduced to 48% (over last few FYs). One of two reasons - retail demand is not there, or its not safe to lend them anymore.
 
https://millervalue.com/bill-miller-2q-2020-market-letter/

Billionaire Investor Bill Miller's market views........he strongly recommended buying in Corona market fall as the fifth great opportunity in his lifetime to buy stocks........people need not agree with any or all of these views......;):)It makes a good read though....some of his observations on Fed action and markets are interesting.

Smart_trade
 
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