HUGE : HDFC Ltd and HDFC Bank announces Merger 😮

Stocks
4
  1. With single stock exposure limit by SEBI for MFs being 10%, if these two entities are combined , it will be way past 10% . maybe near 15%

I think mrkt may soon realize this. for now, its momentum news and fno position based move.

  1. With the leader of the space, becoming a bank…other players in NBFC and Housing Finance companies will be on radar like Bajaj grp, LIC Hsg fin etc.

  2. Do keep on radar bandhan bank as hdfc ltd has stake of almost 10% in the stock.