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The brokerage expects AUM growth of 16.4% (from 14.7% in FY22) to Rs 7.2 lakh crore. With more than 4.5% QoQ growth in individual AUM, it expects HDFC to register >20% YoY growth while non-individual loans will also see positive low-single digit growth YoY.

Defence stocks ended the day down between 4-9% even as the defence budget was increased to Rs 5.94 lakh crore for 2023-24. >> For more such web stories click on the ET icon below

The PCR ratio for the near week expiry stands at 0.54 and for the next week expiry at 0.68. The overall writing data suggests negative bias as Call writing is higher than Put writing. The immediate or temporary bounce back cannot be ruled out as PCR ratio drops near to 0.50 levels, said analysts

The stock quoted a 52-week high of Rs 2916.85 and a 52-week low of Rs 1988.6.

A total of 78,240 shares changed hands on the counter till time (IST).

The Budget gives more money to consumers which means more consumption. Capex is clearly good and higher GDP growth is very positive for banks as well and of course, it does not impact the IT sector. I mean that is the very nature of it. I think broadly this budget is positive for all," Jain said

Operating profit rose 55% year-on-year to Rs 760 crore

“Credible numbers are giving confidence that the Budget presented by the FM is reliable, steady & growth-oriented. The estimates are fairly conservative. 6.5% real GDP growth, some amount of inflation and tax buoyancy, 11-11.5% revenue estimates looks fairly conservative just like last year. The divestment targets which are set, can easily be achieved.”

On Tuesday, the rupee depreciated by 36 paise to close at a three-week low of 81.88 against the US dollar after the Economic Survey 2022-23 said the domestic unit may remain under pressure on account of plateauing of exports and subsequent widening of the current account deficit

After the Union Budget 2023 was tabled in the Parliament today, Benchmark indices rallied over 1,200 points before erasing gains to settle on a mixed note. >> For more such web stories click on the ET icon below