Buy HDFC
Reason found to buy HDFC. LIC to take a 9.99% stake in HDFC. The acquisition will be completed within 1 year of time. It is a very big and positive news for shareholders. Those who have the stock hold it and those who don't buy it. Really a great news for Banking and Finance industry of India also. The stock will break its previous lifetime high to make a new one in the coming future.
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