Business Standard

Buying Shares

As Sensex soars, mcap of BSE-listed companies hit record high of Rs 429 trn

The market capitalisation of BSE-listed companies hit a record high of Rs 429.32 lakh crore on Wednesday as the BSE benchmark Sensex ended higher amid a largely positive trend in global equities. The 30-share BSE Sensex climbed 149.98 points or 0.20 per cent to settle at 76,606.57. During the day, it jumped 593.94 points or 0.77 per cent to 77,050.53. The BSE benchmark is just 28.51 points away from breaching its previous lifetime peak of 77,079.04. The market capitalisation of BSE-listed firms stood at Rs 4,29,32,991.65 crore (USD 5.14 trillion) -- its lifetime high. The Sensex was on the back foot for the past two trading sessions. Power Grid was the biggest gainer on the Sensex chart, rising 2.54 per cent, followed by Tech Mahindra, Bajaj Finance, NTPC, UltraTech Cement, Larsen & Toubro, Tata Steel, Bharti Airtel, Bajaj Finserv and HCL Technologies. In contrast, Hindustan Unilever, Mahindra & Mahindra, Infosys and Titan were among the laggards. In Asian markets, Seoul and ..

As Sensex soars, mcap of BSE-listed companies hit record high of Rs 429 trn
Updated On : 12 Jun 2024 | 6:01 PM IST

Bofa Securities offloads shares of 6 cos, including Infosys, for Rs 377 cr

Bofa Securities on Wednesday offloaded shares of six companies, including HDFC Bank and Infosys, for Rs 377 crore through open market transactions. Bofa Securities through its affiliate Bofa Securities Europe SA sold the shares of these companies through six separate block deals on the BSE. As per the block deal data available with the BSE, Bofa Securities Europe SA offloaded 7.21 lakh shares of Jio Financial Services, disposed of 7.22 lakh shares of Infosys and sold 7.72 lakh shares of private sector lender HDFC Bank. Bofa Securities Europe SA also disposed of shares in TVS Motor Company, Dabur India, and Page Industries. The shares were sold in the price range of Rs 36,398-238.75 apiece. The combined deal size stood at Rs 377.29 crore. Meanwhile, Hong Kong-based Kadensa Capital through its affiliate Kadensa Master Fund acquired the shares of these six companies. On Wednesday, shares of HDFC Bank gained 1.98 per cent to settle at Rs 1,455.85 apiece on the BSE. The scrip of Info

Bofa Securities offloads shares of 6 cos, including Infosys, for Rs 377 cr
Updated On : 25 Jan 2024 | 6:56 AM IST

M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%

Technical charts of M&M shows weakness, while RBL Bank continues to remain resilient.

M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%
Updated On : 27 Jul 2023 | 11:53 AM IST

Sheela Foam to buy rival mattress maker Kurl-on for Rs 2,000 crore

The combined entity will have a market share of more than 50 per cent in India's organised mattress space

Sheela Foam to buy rival mattress maker Kurl-on for Rs 2,000 crore
Updated On : 28 Dec 2022 | 8:57 PM IST

Fat finger, fatter gain

A Mumbai-based broker accidentally entered an order for 23,000 shares instead of 2,300

Fat finger, fatter gain
Updated On : 03 Jan 2018 | 11:08 PM IST