HDFC BANK Lifts The Markets ! What Happened ? I WeekendInvesting DailyByte 03 July 2024

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Alok is the Founder of Weekend Investing. He has been in the Indian stock markets for almost three decades now and is passionate about building rule based - non discretionary momentum investing models to invest in the markets that can generate superior returns compared to benchmarks . His dream is to try to help others achieve Financial Independence early so that life can be lived to the full, like it has for him.
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[@wishful1018]

The merger with HDFC Ltd screwed up the various metics and ratios which are generally tracked for banking stocks. The bank is still priced at premium (with lesser growth in financials) as compared to other banks growing as a faster pace. One can play momentum but outperformance in not expected in next few years.

[@AlokJain]

yup

[@a.s.psastry7710]

I would concur with you. Now it is a short-term play.

[@muruganr3092]

After a long interval Quant MF added Hdfc bank almost 8% in all its funds, like it has Reliance as no one in its portfolios. Quant also has a Momementum funds like one by our Guru Alok, so in all probability Hdfc bank will play a vital role in the coming days.

[@AlokJain]

Lets see

[@coldstone87]

Market will keep moving up as long as people think there will be a correction. Until everyone is tired of waiting for a crash and jumps in, we wont be anywhere near top. I have a very strong feeling we will see 25000 by the end of year and 30000 by 2026 before we see top

[@AlokJain]

great. position accordingly !

[@omprakashjangid1580]

Your views very useful for us. Keep continue sir

[@AlokJain]

Thank you, I will

[@DrSoumyadipPanda2024]

Sir, the word draw-down is not directly written there in amc web site so we can not understand the percentage by searching with the word ????🎉🎉🎉🎉

[@AlokJain]

did not understand

[@DrSoumyadipPanda2024]

How to find mutual fund drawdown? Is it the maximum nav made after the minimum from there, the subtraction between them, and if it is divided by the maximum nav and multiplied by 100, it comes out?????Actually, I want to compare the drawdown of your funds with mutual funds, so I want to know, it is not directly stated there ,,,❤❤❤❤❤❤🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

[@AlokJain]

Check AMC website

[@DrSoumyadipPanda2024]

@@AlokJain Sir, the word draw-down is not directly written there, so we can understand the percentage by searching with any word or by looking at any word

[@pankajbhardwaj7521]

Great analysis Boss ❤

[@AlokJain]

Thank you 🙌

[@hiteshdeveloper-zf7rx]

You are discussing market move of current date but fii/dii data of yesterday, as data not out u consider day before, no sence th discuss on fii dii day before data for current market move... Better to not discuss fii dii data... Other content are very informative pls keep sharing your knowledge

[@srinivasparimi4204]

Thank you sir Hdfc banks marketcap is around 13 L crore and some analysts have the opinion that with this huge Mcap, it is impossible to get returns as it not possible to get further market share and profits cannot rise. It it correct sir?

[@Sureshkumar-yc2gw]

Hi

[@dr.niladribiswas]

Sir MI NNF10 moves by +1.8%✨️

[@AlokJain]

Congratulations

[@Gbhk5684]

sir Hindi me videos banaye please

[@AlokJain]

more ppl want english!

[@asutoshsahoo1883]

Sir ,Is there any chance of correction upto 48000 level??? In Banknifty

[@AlokJain]

Ye to bhagwan ko hi pata hai!! :)

[@asutoshsahoo1883]

@@AlokJain market to aj sellers ka stoploss hit kiya... ab buyers ka sl hunt karna chahiye...aap ka kya view hai

[@rupeshzagade3795]

Sir, please check mail. (Check spam also :)

[@AlokJain]

Pls resend

[@SUNILPAWAR-gk2qq]

IS TOMM A ESCAPE DAY ??? 😊😊😊

[@AlokJain]

where do you want to escape to ? :)

[@DrSoumyadipPanda2024]

@DrSoumyadipPanda2024 1 hour ago (edited) Sir, the word draw-down is not directly written there in amc web site so we can not understand the percentage of dradown of the fund????

[@AlokJain]

Calculate the max drop based on data. That is the DD