Author- Himani Jaiswal
\nIntroduction-
\nHDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank by assets and world’s 10th largest bank by market capitalization as of April 2021. It is the third largest company by market capitalization of $122.50 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 120,000 employees. HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Singh. As of 30 June 2019, the bank’s distribution network was at 5,500 branches across 2,764 cities. It has installed 430,000 POS terminals and issued 23,570,000 debit cards and 12 million credit cards in FY 2017. It has a base of 1,16,971 permanent employees as of 21 March 2020.
\nObjectives-
\nRelationship of HDFC BANK with Nifty Fifty
\nTo calculate Beta of HDFC BANK and see its significance.
\nData Collection-
\nClosing Friday Price were calculated by:
\nData for this company (HDFC BANK) has collected from NSE. Date and closing prices of HDFC BANK has been downloaded from nseindia.com (Indices and Equity \u2013 Historical Data)
\nFriday closing prices were calculated in week-returns
\nIndices is taken as (X) and Equity is taken by (Y)
\nInsert one column in between the Date and close price column and write the formula for number (Weekday,2) then sort by A to Z and only take Friday values and insert the weekly return column with formula (C3-C2)\/C2*100
\nThen put the regression from data analysis we will get the values of HDFC BANK
\nData Analysis-
\nRegression Statistics
\nMultiple R\t0.666896405
\nR Square\t44%
\nAdjusted R Square\t0.431530597
\nStandard Error\t48.74674238
\nObservations\t44<\/p>\n
ANOVA
\n \tdf\tSS\tMS\tF\tSignificance F
\nRegression\t1\t79940.95108\t79940.951\t33.641714\t7.70E-07
\nResidual\t42\t99802.28551\t2376.2449
\nTotal\t43\t179743.2366\t \t \t <\/p>\n
\tCoefficients\tStandard Error\tt Stat\tP-value\tLower 95%\tUpper 95%\tLower 95.0%\tUpper 95.0%
\nIntercept\t718.508\t117.85\t6.1\t2.88E-07\t480.7\t956.3\t480.68\t956.34
\n14518\t0.041269\t0.0071\t5.8\t7.70E-07\t0.027\t0.056\t0.0269\t0.0556
\nY= a + bx
\nA=718.508
\nB= 0.041269
\nY= 718.508-0.041269 X
\nT stat= 5.8
\nSince P value is more than 0.05 the model is not significant @ 5%
\nThe above equation shows the relationship between price and demand. If the price rises demand falls by.<\/p>\n","protected":false},"excerpt":{"rendered":"
Author- Himani Jaiswal Introduction- HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank by assets and world’s 10th largest bank by market capitalization as of April 2021. It is the third largest company by market capitalization of $122.50 billion on the Indian stock… Continue reading Relationship of HDFC BANK with Nifty Fifty<\/span><\/a><\/p>\n","protected":false},"author":93250,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[355],"class_list":["post-16379","post","type-post","status-publish","format-standard","hentry","category-business","tag-jdbims","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/93250"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16379"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16379\/revisions"}],"predecessor-version":[{"id":16467,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16379\/revisions\/16467"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16379"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}