Closing Bell on July 18: Infosys, HCL Tech, Reliance Industries, Hero MotoCorp, Bajaj Auto, ICICI Bank, Wipro, Bajaj Finserv, and Adani Enterprises were some of the notable gainers
These funds can capture growth across market caps; and even if one segment underperforms, damage to them is limited
The gains by IT majors also contributed to the index's gains
Six of the top-10 most valued firms together added Rs 1,19,763.25 crore in market valuation last week, with Reliance Industries Limited and ITC emerging as the major gainers, driven by an overall positive trend in domestic equities. Last week, the 30-share BSE benchmark jumped 561.89 points or 0.86 per cent. The Sensex hit its all-time high of 65,898.98 on July 7. The valuation of Reliance Industries jumped Rs 57,338.56 crore to Rs 17,83,043.16 crore, the most among the top-10 firms. ITC added Rs 21,291.04 crore taking its market valuation to Rs 5,82,602.46 crore. The market capitalisation (mcap) of State Bank of India rallied Rs 18,697.06 crore to Rs 5,29,898.83 crore and that of Tata Consultancy Services zoomed Rs 9,220.81 crore to Rs 12,16,890.72 crore. ICICI Bank's valuation climbed Rs 8,998.26 crore to Rs 6,62,702.30 crore and that of Hindustan Unilever Limited advanced Rs 4,217.52 crore to Rs 6,33,532.04 crore. However, the mcap of HDFC Bank fell by Rs 22,926.37 crore to Rs
Benchmarks Sensex and Nifty50 logged fourth straight monthly gain in June, their longest since October 2021
Maruti Suzuki on Thursday said it has initiated exports of the newly launched model Fronx. The first batch of 556 vehicles was shipped from Mundra, Mumbai and Pipavav Ports to destinations in Latin America, the Middle East and Africa, the country's largest carmaker said in a statement. "The newly launched Fronx is an important model in our portfolio, and we are confident that it will augment our ambitious export plans," Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi noted. Aligned with the Government of India's efforts towards Make in India, the automaker is focused on leading the export of cars manufactured in India, he added. "With support from our parent company, Suzuki Motor Corporation, Japan we have expanded our portfolio and are now exporting to more markets," Takeuchi said.
Stocks to Watch on Thursday: JSW Steel will replace HDFC in the S&P BSE Sensex effective from July 13. Moreover, Zomato will replace the stock in S&P BSE 100 index
Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India. These motorcycles were unveiled globally in London last week. The two companies formed a global partnership in 2017. Triumph Speed 400 has been priced at Rs 2.33 lakh with the inaugural price of the bike for the first 10,000 customers pegged at Rs 2.23 lakh, the two partners announced at the launch event on Wednesday. Speed 400 will be available in the market from mid-this month while Scrambler 400 X, whose price is yet to be announced, will hit the market by October this year. At the launch, Bajaj Auto Managing Director Rajeev Bajaj said, "we are hopeful of (achieving) significant volume" with the launch of the two new motorcycles, developed in partnership with Triumph. He said that the motorcycles will be produced at Bajaj Auto's new manufacturing facility in Chakan, which currently has a capacity to produce 5,000 units of these bikes pe
Sensex gained over 2,500 points in the past five sessions
The stock price was fluctuating before 10 am and at 9:55 am, the stock touched Rs 632, while the indicative opening price was Rs 625 on the NSE; at 10 am, the stock touched Rs 664
A wonderful Wednesday for Dalal Street as markets touch fresh life-time highs! The benchmark indices the S&P BSE Sensex hit a record high of 64,000-mark, while Nifty50 claimed an all-time high. >
The market capitalisation of BSE-listed firms reached an all-time high of Rs 295.72 lakh crore in early trade on Friday, helped by optimism in equities, where the benchmark Sensex hit its new lifetime peak. Rallying for the third day running, the 30-share Sensex surged 499.42 points or 0.78 per cent to reach its all-time high of 64,414.84 in early deals. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies jumped to Rs 2,95,72,338.05 crore. Earlier, on June 21, the market capitalisation of BSE-listed firms had hit an all-time high of Rs 2,94,36,594.50 crore. From the Sensex pack, Infosys, Tata Consultancy Services, Mahindra & Mahindra, IndusInd Bank, HCL Technologies, Tech Mahindra, Maruti, Wipro, HDFC Bank and HDFC were the major gainers. ITC, Bharti Airtel, ICICI Bank and Tata Steel were the laggards. In Asian markets, Seoul, Shanghai and Hong Kong traded in the green while Tokyo quoted lower. Global oil benchmark Brent crude climbed 0.30 p
Stock market holiday was changed from June 28 to June 29 after the Maharashtra government issued an order, postponing the data of the Bakri Eid holiday in the state
The most common mistake than investors make that can be a trap and hinder your financial success is following the herd mentality
ITC and Tata Motors have zoomed 33 per cent each since December 1, and have led the rally in the 30-pack index
Closing Bell on June 20, 2023: Afternoon buying in Tata Motors, HCL Tech, Kotak Bank, RIL, Power Grid, Infosys, L&T, Axis Bank, TCS, and Tech M lifted the indices
CLOSING BELL ON JUNE 14, 2023: Sectorally, the BSE Metal index surged 1.6 per cent. The Energy and Oil & Gas indices were also up nearly a per cent each.
The blue-chip Nifty 50 index closed 0.21% higher at 18,755.90, while the benchmark S&P BSE Sensex rose 0.14% to 63,228.51
Stock market live updates: Tracking weak global handover, the SGX Nifty, on Tuesday, indicated a subdued start as it quoted 18,694 levels, down 31-odd points
Stock market live updates: The SGX Nifty, on Monday, eyed a steady start amidst positive global cues as it rose over 50 points to 18,717 levels