Page 6 - Market Valuation
Nine of top-10 firms add Rs 90,319 cr in market valuation; RIL leads pack
Nine of the 10 most valued domestic firms together added Rs 90,318.74 crore in market valuation last week amid a positive trend in equities, with Reliance Industries emerging as the biggest winner. Last week, the 30-share BSE benchmark Sensex climbed 652.7 points or 1.10 per cent. Markets had a special one-hour Muhurat trading session on Monday to mark the beginning of Hindu Samvat year 2079. Stock markets were closed on Wednesday for 'Diwali Balipratipada'. Barring Hindustan Unilever, rest nine companies witnessed addition in their market valuation, including Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India (SBI). The market valuation of Reliance Industries rallied Rs 36,566.82 crore to reach Rs 17,08,932.42 crore. The market capitalisation (mcap) of HDFC Bank advanced Rs 11,195.61 crore to Rs 8,12,378.52 crore. Bharti Airtel's market valuation jumped Rs 10,792.67 crore to Rs 4,54,404.76 crore and that of SBI climbed Rs 8,879.98 crore to Rs 5,09,372.21
 "Nine of top-10 firms add Rs 90,319 cr in market valuation; RIL leads pack")
Risk-reward is still favourable for the long-term: ICICI Pru Life Insurance
Nifty's earnings are in high teens and this premium growth merits higher valuations, says Manish Kumar, CIO of ICICI Prudential Life Insurance.
 "Risk-reward is still favourable for the long-term: ICICI Pru Life Insurance")
Four of top-10 firms add Rs 2.31 trn in m-cap; Reliance lead gainer
The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore
 "Four of top-10 firms add Rs 2.31 trn in m-cap; Reliance lead gainer")
TMS Ep182: WEF, Sunjay Kapur, markets, Embedded Value & Enterprise Value
What are the takeaways from WEF meet? What is Sunjay Kapur's take on the auto-component sector's EV shift? What lies ahead for the markets this week? What's Embedded Value & Enterprise Value? Answers
 "TMS Ep182: WEF, Sunjay Kapur, markets, Embedded Value & Enterprise Value")
Five of top-10 valued firms gain Rs 67,843 cr in m-cap; HUL, Reliance lead
Five of the top-10 most valued firms together added Rs 67,843.33 crore in market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest gainers.
 "Five of top-10 valued firms gain Rs 67,843 cr in m-cap; HUL, Reliance lead")
Despite good prospects, valuations concerns may cap upside in L&T Infotech
L&T Infotech's new deal wins and pipeline indicates strong demand environment.
 "Despite good prospects, valuations concerns may cap upside in L&T Infotech")
Seven of top 10 firms lose Rs 1.32 trn in m-cap; Reliance biggest drag
Seven of the 10 most valued firms suffered a combined erosion of Rs 1.32 trillion in market valuation last week
Equity m-cap lowest in 7 months in Feb, top 10 cos lose over Rs 3.3 trn
Equity market capitalisation dropped to a seven-month low in February, with the top 10 companies losing a whopping Rs 3,33,307.62 crore in market valuation last week.
 "Equity m-cap lowest in 7 months in Feb, top 10 cos lose over Rs 3.3 trn")
Correction fails to rein in expensive market valuation: Fund managers
Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further
 "Correction fails to rein in expensive market valuation: Fund managers")
BofA revises Nifty target from 19,100 to 17,000 citing rate hike risks
Note says market valuation shrinks if it is above long-term averages before the start of the hike cycle
 "BofA revises Nifty target from 19,100 to 17,000 citing rate hike risks")
Apple's $3 trillion market value follows 5,800% gain since iPhone debut
Microsoft and Amazon have each briefly eclipsed Apple as the most valuable publicly listed U.S. company in the past three years, although Apple has recently pulled ahead
 "Apple's $3 trillion market value follows 5,800% gain since iPhone debut")
How will the government carry forward its reform plan in 2022?
The govt to take a U-turn on farm laws. It also didn't table any key economic bill in the Parliament. Let us look at how the govt is likely to take forward its reforms and economic agenda this year
 "How will the government carry forward its reform plan in 2022?")
US Fed's taper talk likely to keep the bulls in check on Dalal Street
This is expected to suppress valuations in India; decline in P/E may nullify gains from rise in corporate earnings
 "US Fed's taper talk likely to keep the bulls in check on Dalal Street")
There is room for more correction in Indian equities: Kotak AMC CEO
The impending US Fed taper programme and strengthening of the dollar leading to possible liquidity pull out from EMs, says CEO
 "There is room for more correction in Indian equities: Kotak AMC CEO")
Apple, the most valuable firm in the world, closes in on $3 trn market cap
The company's march from $2 trillion to near $3 trillion in market value took 16 months. By comparison, the iPhone maker's move from $1 trillion to $2 trillion took two years.
 "Apple, the most valuable firm in the world, closes in on $3 trn market cap")
M-cap of seven most valued firms rises by Rs 2.28 trn, RIL gains most
Others among the gainers were HDFC Bank, Infosys, HDFC, ICICI Bank, Bajaj Finance and State Bank of India.
 "M-cap of seven most valued firms rises by Rs 2.28 trn, RIL gains most")
After pumping in $9 bn, FPIs in retreat mode on valuation concerns
Since October, overseas investors have yanked out close to $2.6 bn
 "After pumping in $9 bn, FPIs in retreat mode on valuation concerns")
At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'
Inches close to becoming India's first sports unicorn
 "At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'")
Mcap of 5 of 10 most valued firms down by Rs 1.42 trn; HUL and RIL most hit
The combined market valuation of five of the top-10 most valued companies eroded by Rs 1,42,880.11 crore
 "Mcap of 5 of 10 most valued firms down by Rs 1.42 trn; HUL and RIL most hit")
BSE-listed cos' valuation at $3.54 tn; perhaps 5th highest globally: CEO
BSE on Thursday saw the market valuation of all its listed companies soaring to $3.54 trillion, with its CEO Ashish Chauhan saying it could perhaps be the fifth highest in the world
 "BSE-listed cos' valuation at $3.54 tn; perhaps 5th highest globally: CEO")