Page 9 - Market Capitalisation

Bharti Airtel stock at new high, up 5%; surpasses ICICI Bank in market cap

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.

Soaring markets: India on verge of reclaiming fourth spot once again

The market capitalisation of small-and-midcap companies accounts for over a third of the total value of the Indian stock market

Mcap of 7 most valued firms climb Rs 59,404 cr; Airtel, ICICI top gainers

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

Economy strong, but market may consolidate in near term

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 pips Southwest to become world's 3rd most valuable airline by mcap

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

India's market capitalisation tops Rs 400 trillion as indices hit new high

BSE-listed companies crossed Rs 400 trillion for the first time on Monday

Mcap of BSE-listed firms hit Rs 400 trn milestone after rally in equities

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

Growth expectations and better margins drive gains in hotel stocks

Industry earnings and growth/recovery rates have consistently surpassed market expectations over the past six quarters

Mcap of 7 most valued firms climbs Rs 67,259.99 cr; Reliance top gainer

The combined market valuation of seven of the 10 most valued firms climbed Rs 67,259.99 crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer, amid an overall optimistic trend in equities. Last week, the BSE benchmark climbed 819.41 points or 1.12 per cent. Markets saw just three trading sessions last week, as they were closed on Monday for Holi and Good Friday on March 29. The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore. The valuation of Life Insurance Corporation of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Bank advanced Rs 4,132.67 crore to Rs 7,69,542.65 crore. The market capitalisation (mcap) of HDFC Bank went up by Rs 4,029.69 crore to Rs 11,00,184.60 crore, and that of Hindustan Unilever climbed Rs 2,819.51 crore to Rs 5,32,946.04 crore. ITC added Rs

Maruti Suzuki market cap crosses Rs 4 trillion; stock jumps 4%

The stock has zoomed 31 per cent in the last two months after Suzuki Motor Corporation said it plans to invest up to Rs 35,000 crore to set up its second manufacturing facility in Gujarat.

Mcap of 5 of top-10 firms hit Rs 1.97 trn; TCS, Infosys biggest losers

The combined market valuation of five of the 10 most valued firms eroded by Rs 1,97,958.56 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit amid volatile trends in equities. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent. The market valuation of TCS tanked Rs 1,10,134.58 crore to Rs 14,15,793.83 crore, the most among the top 10 firms. The valuation of Infosys tumbled Rs 52,291.05 crore to Rs 6,26,280.51 crore. IT stocks fell on Friday after tech giant Accenture lowered its revenue forecast for the sector for the 2023-24 fiscal. Hindustan Unilever's market valuation fell by Rs 16,834.82 crore to Rs 5,30,126.53 crore and that of Life Insurance Corporation of India (LIC) declined by Rs 11,701.24 crore to Rs 5,73,266.17 crore. The market capitalisation (mcap) of HDFC Bank dipped Rs 6,996.87 crore to Rs 10,96,154.91 crore. However, the valuation of Reliance Industries Limited jumped Rs 49,152.89 crore to reach Rs

Mcap of 5 of top 10 firms tanks Rs 2.23 trn; Reliance, LIC biggest laggards

Five of the top 10 valued firms faced a combined erosion of Rs 2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities. Last week, the BSE benchmark tanked 1,475.96 points or 1.99 per cent. While Reliance Industries, ICICI Bank, State Bank of India, Life Insurance Corporation of India (LIC) and Hindustan Unilever suffered erosion from their market capitalisation (mcap), Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, Infosys and ITC were the gainers. The mcap of Reliance Industries tanked Rs 81,763.35 crore to Rs 19,19,595.15 crore, the most among the top-10 firms. LIC's market valuation tumbled Rs 63,629.48 crore to Rs 5,84,967.41 crore and that of State Bank of India plummeted by Rs 50,111.7 crore to Rs 6,53,281.59 crore. The mcap of Hindustan Unilever dropped by Rs 21,792.46 crore to Rs 5,46,961.35 crore and that of ICICI Bank dived Rs 6,36

Electoral bond data: Smaller companies donated larger share of profit

The top 10 companies by market capitalisation (mcap) contributed over Rs 362 crore

Indian startups may add $1 trillion to Indian economy by FY30: CII report

Between 2024 and 2035, the country may see 300 new unicorns, the report said

India's biggest stock winner Tata Investment has no analyst coverage

Tata Investment Corp. has soared 116 per cent so far in 2024, the most among the Nifty 500 Index companies that represent more than 94 per cent of India's market capitalisation

SBI hits new high, up 31% in 6 weeks; market-cap hits Rs 7 trillion-mark

Brokerages remain upbeat on the stock following strong show in Q3 earnings

Mcap of 7 of most valued firms at Rs 65,302 cr; TCS, ICICI biggest gainers

The combined market valuation of seven of the top 10 most valued firms climbed Rs 65,302.5 crore last week, with Tata Consultancy Services and ICICI Bank emerging as the biggest gainers. Last week, the BSE benchmark Sensex climbed 663.35 points or 0.90 per cent, and the Nifty jumped 165.7 points or 0.74 per cent. Leading stock exchanges BSE and NSE conducted a special trading session in the equity and equity derivative segments on Saturday to check their preparedness to handle major disruption or failure at the primary site. From the top-10 pack, TCS, HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, Hindustan Unilever and ITC were the gainers, while Reliance Industries, Infosys and Life Insurance Corporation of India (LICI) faced erosion from their market capitalisation (mcap). The market valuation of TCS climbed Rs 19,881.39 crore to Rs 14,85,912.36 crore. ICICI Bank added Rs 15,672.82 crore, taking its valuation to Rs 7,60,481.54 crore. The market valuation of State B

Equity investors make best returns amid falling interest rates: UBS

Based on free-float market capitalisation in the FTSE All-World index, which spans the investable universe for a global investor, the US market accounts for a staggering 60.5 per cent of total value

Jio Financial market cap crosses Rs 2 trillion; surges 20% in one week

Shares of Jio Financial hit a record high of Rs 325 in intra-day deals on Friday backed by near two-fold jump in trading volumes on the BSE.

Eli Lilly closer to joining Magnificent Seven in $1 trn market cap club

"Could Lilly be the first $1 trillion biopharma stock?" Morgan Stanley's Terence Flynn and colleagues asked in a note to clients. "We continue to see a path for further upside"