Firms' Market Valuation

FPIs turn cautious, withdraw Rs 325 cr from Indian equities so far in April

FPIs have turned cautious as they pulled out Rs 325 crore from Indian equities in the first week of this month owing to relatively high valuations and the upcoming general elections. The net outflow came after a staggering investment of Rs 35,000 crore in March and Rs 1,539 crore in February, data with the depositories showed. Going ahead, Geojit Financial Services Chief Investment Strategist VK Vijayakumar said the US 10-year yield has spiked to 4.4 per cent, which will impact FPI (foreign portfolio investor) investment flows into India in the near term. However, FPI selling will be limited despite the high US bond yields since the Indian stock market is bullish and has been setting new records consistently, he added. smallcase Manager and Senior Research Analyst at Capitalmind Krishna Appala believes that FPIs might return post-elections or upon early signs of a US Fed rate reduction. According to the data with the depositories, FPIs withdrew Rs 325 crore from Indian equities th

Mcap of 6 most valued firms fall by Rs 71,414 cr; LIC, TCS biggest laggards

The combined market valuation of six of the top-10 most valued firms eroded by Rs 71,414 crore last week, with state-owned company LIC emerged as the biggest laggard. Of the top-10 most valued firms, Life Insurance Corporation of India (LIC), Tata Consultancy Services (TCS), ITC, Hindustan Unilever, Bharti Airtel and Reliance Industries faced a total erosion of Rs 71,414.03 crore. On the other hand, State Bank of India, Infosys, HDFC Bank and ICICI Bank were emerged as the gainers. They collectively added Rs 62,038.86 crore. However, in last week, the BSE benchmark climbed 831.15 points or 1.16 per cent. The market valuation of state-owned insurer LIC fell by Rs 26,217.12 crore to Rs 6,57,420.26 crore. TCS's market valuation tumbled by Rs 18,762.61 crore to Rs 14,93,980.70 crore. The market capitalisation of ITC eroded by Rs 13,539.84 crore to Rs 5,05,092.18 crore, while that of Hindustan Unilever dimnished Rs 11,548.24 crore to Rs 5,58,039.67 crore. Market valuation of Bharti A

Combined equity market value of 10 Adani Group firms slips below $100 bn

Billionaire Gautam Adani and his companies have hired legal and communication teams, cut expenses and repaid debt as they seek to calm traders concerned about the group's access to financing

Mcap of 10 most valued firms erodes by Rs 1.68 trn; Reliance biggest drag

The combined market valuation of the top 10 valued firms eroded by Rs 1,68,552.42 crore last week, with Reliance Industries taking the biggest hit in an overall weak broader market. Last week, the Sensex tumbled 1,492.52 points or 2.43 per cent. Market sentiment remained weak amid surging COVID cases in China and a few other nations, while stronger US growth data cemented expectations of the Federal Reserve continuing with its hawkish stance. Reliance Industries' valuation tanked Rs 42,994.44 crore to Rs 16,92,411.37 crore. State Bank of India's market valuation tumbled Rs 26,193.74 crore to Rs 5,12,228.09 crore. The valuation of HDFC Bank eroded by Rs 22,755.96 crore to Rs 8,90,970.33 crore and that of Life Insurance Corporation of India (LIC) plunged Rs 18,690.03 crore to Rs 4,16,848.97 crore. The market capitalisation (mcap) of ICICI Bank diminished by Rs 16,014.14 crore to Rs 6,13,366.40 crore and that of Hindustan Unilever declined by Rs 11,877.18 crore to Rs 6,15,557.67 ...

Nine of top-10 firms add Rs 2.12 trn in m-cap; HDFC Bank tops chart

Nine of the 10 most valued firms together added over Rs 2.12 lakh crore in their market valuation last week, with HDFC Bank and TCS emerging as the lead gainers. Last week, the 30-share BSE benchmark jumped 844.68 points or 1.38 per cent. The stock markets were closed on Tuesday for Guru Nanak Jayanti. From the top-10 pack, Hindustan Unilever Ltd (HUL) was the only laggard. The top 9 firms added a total of Rs 2,12,478.82 crore to their market valuation last week. Among the winners, HDFC Bank added Rs 63,462.58 crore, taking its valuation to Rs 8,97,980.25 crore. Tata Consultancy Services' valuation jumped Rs 36,517.34 crore to reach Rs 12,13,378.03 crore. The market valuation of HDFC advanced Rs 29,422.52 crore to Rs 4,81,818.83 crore and that of Reliance Industries climbed Rs 26,317.30 crore to Rs 17,80,206.22 crore. The market capitalisation (m-cap) of Infosys rose by Rs 23,626.96 crore to Rs 6,60,650.10 crore and Adani Enterprises surged by Rs 20,103.92 crore to Rs 4,56,992.

T Rowe hikes Paytm's valuation by 35% to take enterprise value to $16 bn

The mutual fund company had earlier cut down the valuation of Paytm to $188 a share due to the impact of the Covid-19 pandemic

Nine of 10 most valued companies add Rs 72,649 crore in m-cap

Among gainers, valuation of Reliance Industries Ltd zoomed Rs 35,946.06 cr to Rs 4,84,743.42 cr

Nine of 10 most valued firms add Rs 36k cr in market valuation

TCS' valuation surged Rs 7,793.04 cr to Rs 4,64,922.47 cr, becoming biggest gainer in top-10 list