Mahindra & Mahindra's market capitalisation touched Rs 3.18 trillion in Friday's intra-day trade on the BSE.
Exceptions for PSEs should be avoided
The combined market valuation of six of the top-10 most valued firms eroded by Rs 1,73,097.59 crore last week, with HDFC Bank and Life Insurance Corporation of India taking the maximum hit in line with weak equities. Last week, the BSE benchmark tanked 1,213.68 points or 1.64 per cent. The market valuation of HDFC Bank slumped Rs 60,678.26 crore to Rs 10,93,026.58 crore. LIC's valuation tanked Rs 43,168.1 crore to Rs 5,76,049.17 crore. Reliance Industries faced an erosion of Rs 36,094.96 crore to Rs 19,04,643.44 crore from its market valuation. The market capitalisation (mcap) of ICICI Bank declined by Rs 17,567.94 crore to Rs 7,84,833.83 crore, and that of State Bank of India went lower by Rs 11,780.49 crore to Rs 7,30,345.62 crore. ITC's valuation dipped by Rs 3,807.84 crore to Rs 5,40,838.13 crore. However, the mcap of Hindustan Unilever climbed Rs 33,270.22 crore to Rs 5,53,822.16 crore. Tata Consultancy Services (TCS) added Rs 20,442.2 crore, taking its valuation to Rs ...
Sitharaman said the market capitalisation of 12 listed public sector banks (PSBs) has surged by 2.95 times in the past three years to Rs 16.12 trillion as of March 31, 2024
Many Indian companies fit its mould
The combined market valuation of six of the top-10 most valued firms declined by Rs 68,417.14 crore in a holiday-shortened last week, with Bharti Airtel and Reliance Industries taking the biggest hit. While Reliance Industries, Bharti Airtel, Life Insurance Corporation of India (LIC), Infosys, ITC and Hindustan Unilever were the laggards, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India emerged as the gainers. Last week, the BSE benchmark climbed 147.99 points or 0.20 per cent. Domestic equity markets were closed on Wednesday on account of Maharashtra Day. The market capitalisation (mcap) of Bharti Airtel fell by Rs 27,635.65 crore to Rs 7,23,770.70 crore. The valuation of Reliance Industries declined by Rs 23,341.56 crore to Rs 19,40,738.40 crore. The mcap of LIC dropped by Rs 5,724.13 crore to Rs 6,19,217.27 crore, and that of Infosys went lower by Rs 5,686.69 crore to Rs 5,87,949.62 crore. ITC's valuation eroded by Rs 4,619.35 crore to Rs 5,44,64
Sebi has received a lot of feedback on tweaking the approach for the categorisation of stocks and soon the regulator could announce a new methodology
Analysts see price hike in options segment to manage costs
Its capitalisation leapfrog surpasses South Korea and Taiwan, establishing dominance in EM pitch
The combined market valuation of six of the top-10 most valued firms increased Rs 1,30,734.57 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers in line with an overall positive trend in equities. Last week, the BSE benchmark advanced 641.83 points or 0.87 per cent. The valuation of the State Bank of India rallied Rs 45,158.54 crore to Rs 7,15,218.40 crore. ICICI Bank's market valuation rose Rs 28,726.33 crore to Rs 7,77,750.22 crore. Bharti Airtel added Rs 20,747.99 crore to Rs 7,51,406.35 crore, and that of ITC jumped Rs 18,914.35 crore to Rs 5,49,265.32 crore. The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) advanced by Rs 9,487.5 crore to Rs 6,24,941.40 crore, and that of Infosys went up by Rs 7,699.86 crore to Rs 5,93,636.31 crore. However, the mcap of Reliance Industries declined by Rs 26,115.56 crore to Rs 19,64,079.96 crore. The valuation of HDFC Bank dipped by Rs 16,371.34 crore to Rs 11,46,943.59 crore.
Investors' wealth climbed Rs 11,29,363.01 crore in the past five days to reach a record high of Rs 4,04,18,411.32 crore (USD 4.87 trillion) on Thursday
The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit. Last week, the BSE benchmark declined 1,156.57 points or 1.55 per cent. Stock markets were closed on Wednesday on account of Ram Navami. While Reliance Industries, HDFC Bank, Bharti Airtel and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack, TCS, ICICI Bank, State Bank of India, Infosys, ITC and Hindustan Unilever suffered erosion in their valuation. The market valuation of TCS tanked by Rs 62,538.64 crore to Rs 13,84,804.91 crore, the most among the top 10 firms. Infosys faced an erosion of Rs 30,488.12 crore from its valuation which stood at Rs 5,85,936.45 crore. Shares of Infosys on Friday ended nearly 1 per cent lower after the company's revenue growth guidance for FY25 failed to meet market expectations. The market capitalisation (mcap) of
Bharti Airtel today stood at fourth position in terms of stock market capitalisation, with a combined, including its partly-paid up share capital, touching Rs 7.62 trillion levels.
The market capitalisation of small-and-midcap companies accounts for over a third of the total value of the Indian stock market
The combined market valuation of seven of the ten most valued firms climbed Rs 59,404.85 crore in a holiday-shortened last week, with Bharti Airtel and ICICI Bank emerging as the biggest gainers. Stock markets were closed on Thursday on account of Eid-Ul-Fitr. Last week, Sensex dipped marginally by 3.32 points after a record-breaking rally. The BSE benchmark had settled at an all-time high of 75,038.15 on Wednesday. It scaled the lifetime peak of 75,124.28 on Tuesday. The market valuation of Bharti Airtel jumped Rs 19,029.37 crore to Rs 6,92,861.27 crore. ICICI Bank added Rs 15,363.23 crore, taking its valuation to Rs 7,75,447.63 crore. Reliance Industries' valuation climbed Rs 10,250.02 crore to Rs 19,85,797.70 crore, and that of Tata Consultancy Services (TCS) soared Rs 7,507.53 crore to Rs 14,47,343.55 crore. The market capitalisation (mcap) of ITC rallied Rs 2,809.06 crore to Rs 5,36,967.87 crore, while Infosys climbed Rs 2,303.73 crore to Rs 6,16,424.57 crore. State Bank of
The Narendra Modi-led government has been in power since 2014 and the country has witnessed decisive policies, political stability and economic growth since then
IndiGo's share price jumped by 4.73 per cent to Rs 3,806 on Wednesday, thereby elevating its market capitalisation to $17.605 billion
BSE-listed companies crossed Rs 400 trillion for the first time on Monday
The market capitalisation of BSE-listed companies reached an all-time high of Rs 401.10 lakh crore on Monday morning, following a record rally in equities, wherein the 30-share BSE Sensex scaled its lifetime peak. This is for the first time ever that the market capitalisation of BSE-listed companies has gone past the coveted Rs 400 lakh crore mark. The 30-share BSE benchmark jumped 425.62 points to reach a new record high of 74,673.84 in early trade. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies reached an all-time high of Rs 4,01,16,018.89 crore (USD 4.81 trillion). The market capitalisation of BSE-listed firms had hit the Rs 300-lakh-crore mark in July last year. From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards. In Asian markets, Seoul and Tokyo were trading
Industry earnings and growth/recovery rates have consistently surpassed market expectations over the past six quarters