HDFC Bank’s board of directors, on April 20, approved the annual renewal of long-term bonds and perpetual debt instruments up to Rs 60,000 crore in the next 12 months. The private lender’s board met on April 20 to declare the results for the quarter ended in March 2024. HDFC Bank’s net profit gained 0.84 percent from the previous quarter to Rs 16,511 crore.
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PUNE: The State Housing Federation has urged the Maharashtra government to reduce the premium for the conversion of government land to freehold to 5% of ready reckoner rates instead of 10% announced in the cabinet meeting on March 14. The announcement made before the Lok Sabha polls will help around 5,000 housing societies, mainly in Mumbai, Pune, Nagpur, Nashik and Thane.
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✅Long Option (Call/Put): 📌Buy a Call (Bullish) or Buy Put (Bearish) instead of Buying or Selling a future contract. The stop loss will still be there but it is observed in the futures trade. ✅Protected Futures: 📌Bullish = Buy Future + Buy Put (Strike Nearest to Current Price) 📌Bearish = Sell Future + Buy Call (Strike Nearest to Current Price).
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