IndusInd Bank emerged as the biggest gainer among the 30-share companies pack
During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever.
The market capitalisation reached an all-time high of Rs 261.73 trillion, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak.
Bajaj Finserv's market capitalisation stood at Rs 2.96 trillion on the BSE in the early afternoon session
Data Patterns (India) is looking to raise Rs 300 cr through its offer, which will also consist of secondary share sale between Rs 300-400 cr
The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea
New initial public offerings (IPOs) will help add USD 400 billion to the overall market capitalisation over the next three years, an American brokerage said on Monday.
The stock has been in demand since the company announced proposed a stock split in August.
Ambani not only gained from a rally in RIL share price, but also from a steady rise in his family stake in the company
Reliance Industries emerged as the biggest gainer
ICICI Pru became the third insurance company to cross Rs 1 trillion market cap after HDFC Life and SBI Life.
At the closing price, the lender was valued at Rs 4.98 trillion; HDFC Bank is the only lender valued higher, at Rs 8.74 trillion
Comes in the backdrop of 0.7% growth in India's annualised GDP at current price
The market valuation of Tata Consultancy Services has breached the Rs 14 lakh crore mark, becoming the second company after Reliance Industries Limited to achieve this milestone.
Driven by bullish sentiment in equities, the market capitalisation of BSE-listed companies jumped to an all-time high of Rs 2,47,30,108.97 crore on Monday. Extending its winning momentum for the third session, the 30-share BSE benchmark Sensex ended 765.04 points or 1.36 per cent higher at 56,889.76, its new closing peak. During the day, it jumped 833.55 points to its lifetime high of 56,958.27. In three days, the benchmark has gained 945.55 points. Thanks to the winning run in equities, the market capitalisation of BSE-listed companies zoomed to Rs 2,47,30,108.97 crore. Investors have become richer by Rs 5,76,600.66 crore in three days of market rally. The 30-share BSE index had closed above the 56,000-mark for the first time on Friday. "Stocks surged through the day on positive global cues buoyed by the Fed commentary," said S Ranganathan, Head of Research at LKP Securities. Bharti Airtel was the biggest gainer among the 30-share frontline companies pack, followed by Axis Bank
Market experts said this was a natural consequence of the sustained gains in the market
In the past month, TCS has outperformed the market by surging 15 per cent, as compared to a 6 per cent rise in the S&P BSE Sensex
On the National Stock Exchange (NSE), the shares had opened at Rs 1,750 apiece and then jumped to its 52-week high value of Rs 1,757
Thus far in the month of August, TCS has rallied 11 per cent compared with a 6 per cent rise in the S&P BSE Sensex
The m-cap of four listed arms is now equivalent to 82 per cent of the parent company's valuation