Eight of the 10 most valued firms together added Rs 1,35,794.06 crore in market valuation last week, with State Bank of India and Reliance Industries Limited emerging as the biggest winners. Last week, the 30-share BSE benchmark climbed 995.45 points or 1.66 per cent. Hindustan Unilever Limited and Bharti Airtel were the laggards from the top-10 pack. The market valuation of State Bank of India jumped Rs 35,029.1 crore to Rs 5,47,257.19 crore. The market capitalisation (mcap) of Reliance Industries climbed Rs 31,568.08 crore to Rs 17,23,979.45 crore. The valuation of Adani Enterprises rallied Rs 24,898.33 crore to Rs 4,39,966.33 crore and that of HDFC Bank advanced Rs 16,535.08 crore to Rs 9,07,505.41 crore. Tata Consultancy Services' (TCS) mcap went higher by Rs 11,690.67 crore to Rs 11,92,576.32 crore and that of ICICI Bank gained Rs 8,221.94 crore to Rs 6,21,588.34 crore. The valuation of Infosys climbed Rs 4,692.01 crore to Rs 6,34,873.16 crore and that of HDFC surged Rs 3,1
During the week, the Sensex fell 2.4 per cent and the Nifty 2.5 per cent, their worst weekly decline since June 17, 2022
Ramann joined Sidbi in the midst of the second wave of Covid-19 pandemic, he has been involved in crafting policies for providing timely liquidity, and schemes for restructuring support to MSME sector
It's a sign of gains in equity markets being lopsided, say analysts
Delhi-based company says its business gained after countries eased travel restrictions for Covid-19
Unless the underwriting business starts looking up, brokerages are reluctant to give a buy call on the stock despite the recent rally
The total market cap has improved marginally from $855 billion last Friday to $859 billion on December 9
The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022
The index hit an intra-day high of 4,145.45 before ending at 4,049, up 0.05%; m-cap at close was Rs 9.9 trillion
The market capitalisation of the equity market is almost Rs 290 trillion, but the corporate outstanding is at Rs 40 trillion, indicating more traction is needed on the debt side
Eight of the 10 most valued firms together added Rs 42,173.42 crore in market valuation last week, with ICICI Bank, Infosys and TCS emerging as the biggest gainers. Barring Reliance Industries and Hindustan Unilever Limited, rest eight firms, including HDFC Bank, ICICI Bank, State Bank of India and HDFC, made gains in their valuation. Last week, the BSE benchmark Sensex dipped 131.56 points or 0.21 per cent. The market valuation of ICICI Bank jumped Rs 9,706.86 crore to stand at Rs 6,41,898.91 crore. Infosys added Rs 9,614.89 crore to reach Rs 6,70,264.99 crore. The valuation of Tata Consultancy Services (TCS) climbed Rs 9,403.76 crore to Rs 12,22,781.79 crore. The market capitalisation (mcap) of Bharti Airtel advanced Rs 5,869.21 crore to Rs 4,65,642.49 crore and that of HDFC increased Rs 3,415.33 crore to Rs 4,85,234.16 crore. HDFC Bank's mcap climbed Rs 1,508.95 crore to Rs 8,99,489.20 crore and that of State Bank of India (SBI) grew by Rs 1,383.32 crore to Rs 5,37,841.73 ...
Last week, the Adani group had revised the open offer timeline to Nov 22; offer price of Rs 294 a share is at a 24% discount to NDTV's closing price of Rs 365.85 on Monday
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.
NSE has almost a monopoly in the equity derivatives segment and 93 per cent market share in the equity cash segment
Investors may consider buying the stock on dips, say experts
The sharp selloff in Nykaa has come ahead of the end of one-year post IPO lock-in period, which ends next month.
TVS has seen the highest earnings upgrades among auto makers over the last few months
The US is still the biggest contributor to global m-cap at 44 per cent, followed by China at 10.2 per cent
M-cap of Adani group goes up 55.2%, while Tata and Ambani biz houses' declines 10%
The overall narrative of the market remains weak, especially following the cautiousness ahead of the RBI MPC due later this week, says a market analyst