Page 6 - Market Capitalisation

Mcap of 8 of 10 most-valued firms erode Rs 1.65 trn; SBI, HDFC top losers

Eight of the top-10 most valued firms together lost Rs 1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank of India taking the hardest hit in line with a weak trend in equities. Last week, BSE benchmark Sensex fell by 1,906.01 or 2.39 per cent. Equity markets were closed on Friday for Guru Nanak Jayanti. "Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The valuation of HDFC Bank tanked by Rs 46,729.51 crore to Rs 12,94,025.23 crore. State Bank's market valuation eroded by Rs 34,984.51 crore to Rs 7,17,584.07 crore. The valuation of Hindustan Unilever slumped Rs 27,830.91 crore to Rs 5,61,329.10 crore, and that of Reliance Industries declined by Rs 22,057.77 crore to Rs 17,15,498.91 crore. The market capitalisation (mcap) of ITC dived Rs 15,449.47 crore to Rs 5,82,764.02 crore, and Bharti Airtel

Markets enter 'correction' territory; inflation, USD adds to investors woes

The total market capitalisation of BSE-listed companies declined by Rs 48 trillion to Rs 430 trillion after reaching a peak of Rs 478 trillion on September 27

Swiggy enters Rs 1 trn market-cap club on debut; up 15% over issue price

At 11:15 am on Wednesday; Swiggy's market cap stood at Rs 100,148 crore (Rs 1.0 trillion), the NSE data shows.

Mcap of 6 of top 10 most valued firms up Rs 1 trn; State Bank, ICICI on top

The combined market valuation of 6 of the top-10 most-valued firms surged Rs 1,07,366.05 crore last week, with State Bank of India and ICICI Bank becoming the biggest gainers. Leading stock exchanges BSE and NSE conducted a one-hour special 'Muhurat Trading' session on the occasion of Diwali on November 1, marking the start of the new Samvat 2081. Last week, the BSE benchmark climbed 321.83 points, or 0.40 per cent. While Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation. The valuation of State Bank of India jumped Rs 36,100.09 crore to Rs 7,32,755.93 crore. ICICI Bank added Rs 25,775.58 crore to Rs 9,10,686.85 crore in its market valuation. LIC's valuation surged Rs 16,887.74 crore to Rs 5,88,509.41 crore and that of Reliance Industries soared Rs 15,393.45 crore to Rs 18,12,12

Mcap of 9 of top-10 most valued firms drops Rs 2 trn as markets tumble

Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. "The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the top-10 pack, HDFC Bank emerged as the only winner. The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Reliance Industries' valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore. State Bank of India's market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore. The market capitalisation (mcap) of Tata Consultancy Services (TCS) dr

Mcap of 4 of 10 most valued firms jumps Rs 81,151 cr; ICICI Bank top gainer

Four of the top-10 most-valued firms together added Rs 81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs 76,622.05 crore from their market valuation. ICICI Bank added Rs 28,495.14 crore, taking its market valuation to Rs 8,90,191.38 crore. The valuation of HDFC Bank jumped Rs 23,579.11 crore to Rs 12,82,848.30 crore. State Bank of India's market valuation climbed Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel went up Rs 11,272.45 crore to Rs 9,71,707.61 crore. On the other hand, the market capitalisation (mcap) of Infosys slumped Rs 23,314.31 crore to Rs 7,80,126.10 crore. Th

Froth rising? Midcap and smallcap valuations on brink of overflow

Liquidity and earnings the midcaps' moment of truth

Mcap of 9 of 10 valued firms erodes Rs 4.74 trn; RIL, HDFC Bank hit hard

Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last week, with Reliance Industries and HDFC Bank taking the steepest hit, in line with weak trends in equities. Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows. In a holiday-shortened week, the BSE benchmark plummeted 3,883.4 points, or 4.53 per cent. The valuation of Reliance Industries declined Rs 1,88,479.36 crore to Rs 18,76,718.24 crore. HDFC Bank's market valuation slumped Rs 72,919.58 crore to Rs 12,64,267.35 crore. Bharti Airtel's valuation plunged Rs 53,800.31 crore to Rs 9,34,104.32 crore and that of ICICI Bank tumbled Rs 47,461.13 crore to Rs 8,73,059.59 crore. The valuation of Life Insurance Corporation of India (LIC) plummeted Rs 33,490.86 crore to Rs 6,14,125.65 crore and that of Hindustan Unilever tanked Rs 27,525.46 crore to Rs 6,69,363.31 crore. The market capitalisation (mcap) of ITC dropped Rs 24,139

Rebalance portfolio by directing SIPs towards underperforming assets

New investors who have picked funds based solely on past performance-primarily mid- and small-cap funds that have outperformed in recent times-should diversify their portfolios

Bharti Airtel is 4th company in India to hit a market cap of Rs 10 trillion

Airtel now 5th most valuable telecom operator globally valued at $118.3 billion

Bajaj Housing Finance debut boosts Bajaj Group's market capitalisation

Fourth-ranked conglomerate narrows gap with Adani group

Mcap of 9 of top-10 most valued firms jump Rs 2 trn; Bharti Airtel sparkles

Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of ICICI Bank surged Rs 29,662.44 crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63 crore. The mcap of Hindustan Unilever soared Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of HDFC Bank zoomed Rs 22,093.99 crore to Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance

Mcap of 8 of valued firms surge Rs 1.53 trn; Airtel, Infosys top gainers

The combined market valuation of eight of the top-10 most valued firms surged Rs 1,53,019.32 crore last week, with Bharti Airtel and IT majors Infosys, Tata Consultancy Services emerging as the biggest gainers, in line with a record rally in equities. Last week, the BSE benchmark jumped 1,279.56 points or 1.57 per cent. Rallying for the ninth straight session on Friday, the 30-share BSE Sensex climbed 231.16 points or 0.28 per cent to settle at an all-time closing high of 82,365.77. During the day, it jumped 502.42 points or 0.61 per cent to hit a record intra-day peak of 82,637.03. The market valuation of Bharti Airtel soared Rs 47,194.86 crore to Rs 9,04,587.12 crore. Infosys added Rs 33,611.37 crore taking its valuation to Rs 8,06,880.50 crore. The valuation of Tata Consultancy Services (TCS) jumped Rs 31,784.9 crore to Rs 16,46,899.17 crore and that of ICICI Bank surged Rs 18,734.3 crore to Rs 8,66,374.41 crore. The market capitalisation (mcap) of Reliance Industries climbed

PhonePe CEO says UPI mcap overhang holding back company from going public

Speaking at the Global Fintech Fest, Sameer Nigam, chief executive officer, PhonePe, said, "As far as going public, the market cap overhang is definitely a problem for us

Mcap of 9 of top-10 valued firms add Rs 95,522 cr; RIL, TCS lead gainers

The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, the BSE benchmark jumped 649.37 points or 0.80 per cent. The market capitalisation (Mcap) of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore. The valuation of TCS jumped Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,61,151.49 crore. The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore. ITC soared Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India added Rs 2,498.89 crore to Rs 7,27,578.99 crore. In addition, the valuation of Life Insurance Corporation of India jumped

Sensex likely to surpass 117,000 by FY30-end on rapid growth: Analysis

Mcap has surged to $5 trillion from $4.2 trillion at the end of last year compared to the economic output which is estimated to reach $3.8 trillion in 2024

Mcap of 7 of top 10 valued firms rises to Rs 1.40 trn; TCS, Infosys lead

The combined market valuation of seven of the top 10 valued firms jumped Rs 1,40,863.66 crore in a holiday-shortened last week with the benchmark Sensex gaining nearly 1 per cent. Tata Consultancy Services and Infosys emerged as the biggest gainers in line with an optimistic trend at Dalal Street. Last week, the BSE benchmark rose by 730.93 points or 0.91 per cent following a strong rally on Friday. The market capitalisation (Mcap) of Tata Consultancy Services (TCS) surged by Rs 67,477.33 crore to Rs 15,97,946.44 crore. The valuation of Infosys jumped Rs 36,746.21 crore to Rs 7,72,023.49 crore. The Mcap of Bharti Airtel rallied Rs 11,727.55 crore to Rs 8,45,123.87 crore and that of ICICI Bank by Rs 10,913.96 crore to Rs 8,36,115.19 crore. The valuation of ITC soared Rs 8,569.73 crore to Rs 6,28,399.10 crore and that of Reliance Industries by Rs 5,311.4 crore to Rs 20,00,076.41 crore. Hindustan Unilever added Rs 117.48 crore to take its valuation to Rs 6,45,926.13 crore. However

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Mcap of 8 of top-10 valued firms erodes by Rs 1.66 trn; Reliance, LIC lag

The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,66,954.07 crore last week, with Reliance Industries and Life Insurance Corporation of India emerging as the biggest laggards, in line with weak trend in equities. Last week, the BSE benchmark slumped 1,276.04 points or 1.57 per cent. The market capitalisation (mcap) of Reliance Industries tanked Rs 33,930.56 crore to Rs 19,94,765.01 crore, the most among the top-10 firms. The valuation of Life Insurance Corporation of India (LIC) slumped Rs 30,676.24 crore to Rs 7,17,001.74 crore. State Bank of India lost Rs 21,151.33 crore from its valuation which stood at Rs 7,35,566.52 crore. The market valuation of Infosys dived Rs 20,973.19 crore to Rs 7,35,277.28 crore and that of Tata Consultancy Services (TCS) tumbled Rs 19,157.77 crore to Rs 15,30,469.11 crore. Bharti Airtel's mcap got wiped out by Rs 16,993.56 crore to Rs 8,33,396.32 crore and ICICI Bank suffered an erosion of Rs 16,975.55 crore to Rs

This BSE200 stock hit Rs 1 trillion market cap; zoomed 90% in 3 months

Suzlon market cap hits Rs 1 trn on Friday: The sharp rise in market cap was due to allotment of equity shares in rights issue; conversion of optionally convertible debentures and bonds into stock.