Stocks To Watch- HDFC Bank, LIC, Arvind SmartSpaces, Persistent Systems, Mahindra Lifespace Developers

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a gap down opening on Friday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded lower as the index was down 41.50 points or 0.17% at 24,377 indicating a lower start for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 rose 15.65 points or 0.06% to settle at 24,302.15, while the BSE Sensex jumped 62.87 points or 0.08% to close at 80,049.67.

Stocks to watch on July 5, 2024

HDFC Bank 

HDFC Bank on Thursday said its gross advances registered 53% year-on-year growth at Rs 24.87 lakh crore in the first quarter. The same stood at Rs 16.3 lakh crore in the last year quarter. Excluding the impact of the merger of erstwhile HDFC with the bank on July 1, 2023, the bank’s gross advances grew 15% over the same period last year. During t…