Page 50 - Stock Markets

Mcap of 8 of top-10 firms climbs Rs 82,169 cr last week; HDFC twins sparkle

Eight of the top 10 valued firms added Rs 82,169.3 crore in market valuation last week, with HDFC twins emerging as the biggest winners amid an overall positive trend in equities. Last week, equity markets were closed on Tuesday (April 4) for 'Mahavir Jayanti' and on Friday (April 7) on account of 'Good Friday'. The 30-share BSE Sensex climbed 841.45 points or 1.42 per cent in the holiday-shortened week. Of the top 10 valued firms, eight including Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd, HDFC and ITC witnessed gains in their market valuation. From the top-10 pack, the valuation of HDFC Bank jumped Rs 31,553.45 crore to Rs 9,29,752.54 crore. HDFC's market valuation surged Rs 18,877.55 crore to Rs 5,00,878.67 crore. Bharti Airtel added Rs 9,533.48 crore taking its valuation to Rs 4,27,111.07 crore. The market capitalisation (mcap) of Reliance Industries rallied Rs 6,731.76 crore to Rs 15,83,824.42 crore and that of TCS climbed Rs 5,81

Stock markets closed today; check full list of 2023 market holidays here

Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 11 more days in 2023

Indowind Energy approves allotment of 1.75 cr shares for Rs 12 per share

Indowind Energy Ltd on Friday said its board has approved the allotment of over 1.75 crore shares for Rs 12 per equity share. This price includes a premium of Rs 2 on each share, Indowind Energy said in a regulatory filing. "In the meeting held on March 31, 2023, the Board considered and approved the allotment of 1,75,93,294 equity shares at a price of Rs 12 per equity share (including a premium of Rs 2 per equity share) (allotment)," it said. In view of the above, the paid-up equity share capital of the company has increased from Rs 89,74,14,860 (8,97,41,486 equity shares of Rs 10 each) to Rs 107,33,47,800 (10,73,34,780 equity shares of Rs 10 each), it added.

Protecting investors

Sebi's decisions will improve transparency

Future bets: LIC to Axis Bank, here're 10 bright spots to keep an eye on

The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks

Stock markets closed today: Check full list of 2023 market holidays here

Share market holiday: According to the list of trading holidays on the website of BSE, apart from today's holiday, the stock market will remain closed for 12 more days in 2023

Markets slide after UBS rescue of Credit Suisse; Nifty ends below 17,000

Deal between Swiss banks fail to lift sentiment; Sensex drops 905 pts before settling 361 pts lower

Bailout of global lenders brings relief to market, benchmarks gain

Nifty50 takes back 17K, brings down weekly loss to less than 2%from 3.5%

Wall Street falls on banking crisis worries; First Republic Bank tumbles

Indexes down: Dow 0.63%, S&P 0.36%, Nasdaq 0.25%

7 working days: Sebi now prescribes 'strict' timelines for FPI disclosures

Experts said the amendments will give Sebi increased powers to seek information from overseas funds

Mutual funds pare holdings in Adani Group stocks in February, shows data

Ambuja Cements and Adani Enterprises were also among the top five large-cap companies that witnessed selling by MFs

Bajaj Finance declines for fifth straight session, sheds 6% in one week

In the past six months, the stock has plunged 23 per cent as compared to a 3.4 per cent fall recorded by the Sensex

BS jury picks best mutual fund managers in the debt and equity category

While mutual fund managers struggled this year as well, those in the equity category fared better

CIO Round Table: 'Debt returns are offering competition to equities'

On the earnings side, the macro drivers are positive. We expect the earnings growth to continue, says SBI Mutual Fund CIO R Srinivasan

Unlocking Rs 100 trillion opportunity: What lies ahead for MF industry

The mutual fund industry is expanding distribution reach, simplifying products and leveraging technology in a bid to more than double assets under management

IndusInd Bank slips 7% as RBI reappoints MD & CEO for shorter tenure

RBI's approval for reappointment of MD & CEO being for a lower tenure compared to board approval, which was for three years, could keep stock under pressure in near term

Real estate market's hall of mirrors no fun house, but mood upbeat

Despite multi-year low valuations, brokerages see rise in demand and fall in inventory

Indices tumble on US bank shares sell-off; Sensex declines 671 points

SVB crisis, Fed rate hike fears continue to keep markets on the edge

Getting the jitters: Indices slip nearly 1% on renewed rate hike fears

In the preceding three trading sessions, the Sensex had gained 1,439 points, or 2.44 per cent, despite turbulence in global markets

Shifting expectations

Markets are preparing for higher US interest rates