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Five of the 10 most valued firms added Rs 1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show. While Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank and Infosys were the gainers, Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC and Hindustan Unilever took a hit in their valuations. Last week, the BSE benchmark gained 623.07 points or 0.76 per cent and the Nifty advanced 90.5 points or 0.36 per cent. The market valuation of Bharti Airtel surged by Rs 47,836.6 crore to Rs 9,57,842.40 crore. Infosys added Rs 31,826.97 crore to its valuation at Rs 8,30,387.10 crore. HDFC Bank's valuation rose by Rs 11,887.78 crore to Rs 14,31,158.06 crore and that of ICICI Bank increased by Rs 11,760.8 crore to Rs 9,49,306.37 crore. The market capitalisation (mcap) of TCS climbed Rs 9,805.02 crore to Rs 16,18,587.63 crore. However, the mcap of Reliance Industries declined by Rs 52,031.98 crore
The combined market valuation of six of the top-10 most-valued firms jumped Rs 2,03,116.81 crore last week, with Tata Consultancy Services and HDFC Bank emerging the biggest gainers, in-line with an optimistic trend at the Dalal Street. Last week, the BSE benchmark jumped 1,906.33 points, or 2.38 per cent, and the NSE Nifty climbed 546.7 points, or 2.26 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, and State Bank of India were the winners from the pack, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever emerged the laggards. The market valuation of TCS surged Rs 62,574.82 crore to Rs 16,08,782.61 crore. HDFC Bank added Rs 45,338.17 crore taking its market valuation to Rs 14,19,270.28 crore. The valuation of Infosys jumped Rs 26,885.8 crore to Rs 7,98,560.13 crore and that of Reliance Industries soared Rs 26,185.14 crore to Rs 17,75,176.68 crore. State Bank of India's market capitalisation (
The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year. It is the highest on record after December 2007 and September
Eight of the top-10 most valued firms together lost Rs 1,65,180.04 crore from market valuation in a holiday-shortened last week, with HDFC Bank and State Bank of India taking the hardest hit in line with a weak trend in equities. Last week, BSE benchmark Sensex fell by 1,906.01 or 2.39 per cent. Equity markets were closed on Friday for Guru Nanak Jayanti. "Mounting concerns over rising CPI inflation and persistent disappointments in corporate earnings weighed heavily on sentiment," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The valuation of HDFC Bank tanked by Rs 46,729.51 crore to Rs 12,94,025.23 crore. State Bank's market valuation eroded by Rs 34,984.51 crore to Rs 7,17,584.07 crore. The valuation of Hindustan Unilever slumped Rs 27,830.91 crore to Rs 5,61,329.10 crore, and that of Reliance Industries declined by Rs 22,057.77 crore to Rs 17,15,498.91 crore. The market capitalisation (mcap) of ITC dived Rs 15,449.47 crore to Rs 5,82,764.02 crore, and Bharti Airtel
At 02:16 pm, with a market cap of Rs 95,886 crore, Waaree was trading 12% higher at Rs 3,337.70, and stood at number 100th position beating Indian Hotels.
Nine of the top-10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation last week, in line with weak trends in equities, with Hindustan Unilever and Reliance Industries Limited taking the biggest hit. Last week, the BSE benchmark tanked 1,822.46 points or 2.24 per cent. "The dismal Q2 earnings so far have aggravated the investors' woes while persistent FII selling continued to create havoc in the market," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the top-10 pack, HDFC Bank emerged as the only winner. The market valuation of Hindustan Unilever eroded by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Reliance Industries' valuation tumbled Rs 41,994.54 crore to Rs 17,96,726.60 crore. State Bank of India's market valuation plummeted by Rs 35,117.72 crore to Rs 6,96,655.84 crore, and that of Bharti Airtel tanked by Rs 24,108.72 crore to Rs 9,47,598.89 crore. The market capitalisation (mcap) of Tata Consultancy Services (TCS) dr
Four of the top-10 most-valued firms together added Rs 81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs 76,622.05 crore from their market valuation. ICICI Bank added Rs 28,495.14 crore, taking its market valuation to Rs 8,90,191.38 crore. The valuation of HDFC Bank jumped Rs 23,579.11 crore to Rs 12,82,848.30 crore. State Bank of India's market valuation climbed Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel went up Rs 11,272.45 crore to Rs 9,71,707.61 crore. On the other hand, the market capitalisation (mcap) of Infosys slumped Rs 23,314.31 crore to Rs 7,80,126.10 crore. Th
Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last week, with Reliance Industries and HDFC Bank taking the steepest hit, in line with weak trends in equities. Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows. In a holiday-shortened week, the BSE benchmark plummeted 3,883.4 points, or 4.53 per cent. The valuation of Reliance Industries declined Rs 1,88,479.36 crore to Rs 18,76,718.24 crore. HDFC Bank's market valuation slumped Rs 72,919.58 crore to Rs 12,64,267.35 crore. Bharti Airtel's valuation plunged Rs 53,800.31 crore to Rs 9,34,104.32 crore and that of ICICI Bank tumbled Rs 47,461.13 crore to Rs 8,73,059.59 crore. The valuation of Life Insurance Corporation of India (LIC) plummeted Rs 33,490.86 crore to Rs 6,14,125.65 crore and that of Hindustan Unilever tanked Rs 27,525.46 crore to Rs 6,69,363.31 crore. The market capitalisation (mcap) of ITC dropped Rs 24,139
Amid an ongoing bloodbath at the Dalal-street on Thursday, investors lost a total of Rs 9.91 trillion in market capitalisation on the Bombay Stock Exchange (BSE) as of 3:20 PM
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Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of ICICI Bank surged Rs 29,662.44 crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63 crore. The mcap of Hindustan Unilever soared Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of HDFC Bank zoomed Rs 22,093.99 crore to Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance
The combined market valuation of eight of the top-10 most valued firms surged Rs 1,53,019.32 crore last week, with Bharti Airtel and IT majors Infosys, Tata Consultancy Services emerging as the biggest gainers, in line with a record rally in equities. Last week, the BSE benchmark jumped 1,279.56 points or 1.57 per cent. Rallying for the ninth straight session on Friday, the 30-share BSE Sensex climbed 231.16 points or 0.28 per cent to settle at an all-time closing high of 82,365.77. During the day, it jumped 502.42 points or 0.61 per cent to hit a record intra-day peak of 82,637.03. The market valuation of Bharti Airtel soared Rs 47,194.86 crore to Rs 9,04,587.12 crore. Infosys added Rs 33,611.37 crore taking its valuation to Rs 8,06,880.50 crore. The valuation of Tata Consultancy Services (TCS) jumped Rs 31,784.9 crore to Rs 16,46,899.17 crore and that of ICICI Bank surged Rs 18,734.3 crore to Rs 8,66,374.41 crore. The market capitalisation (mcap) of Reliance Industries climbed
The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers. Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, the BSE benchmark jumped 649.37 points or 0.80 per cent. The market capitalisation (Mcap) of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore. The valuation of TCS jumped Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,61,151.49 crore. The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore. ITC soared Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India added Rs 2,498.89 crore to Rs 7,27,578.99 crore. In addition, the valuation of Life Insurance Corporation of India jumped
The combined market valuation of seven of the top 10 valued firms jumped Rs 1,40,863.66 crore in a holiday-shortened last week with the benchmark Sensex gaining nearly 1 per cent. Tata Consultancy Services and Infosys emerged as the biggest gainers in line with an optimistic trend at Dalal Street. Last week, the BSE benchmark rose by 730.93 points or 0.91 per cent following a strong rally on Friday. The market capitalisation (Mcap) of Tata Consultancy Services (TCS) surged by Rs 67,477.33 crore to Rs 15,97,946.44 crore. The valuation of Infosys jumped Rs 36,746.21 crore to Rs 7,72,023.49 crore. The Mcap of Bharti Airtel rallied Rs 11,727.55 crore to Rs 8,45,123.87 crore and that of ICICI Bank by Rs 10,913.96 crore to Rs 8,36,115.19 crore. The valuation of ITC soared Rs 8,569.73 crore to Rs 6,28,399.10 crore and that of Reliance Industries by Rs 5,311.4 crore to Rs 20,00,076.41 crore. Hindustan Unilever added Rs 117.48 crore to take its valuation to Rs 6,45,926.13 crore. However
Focused mutual funds, which invest in a concentrated portfolio of stocks, are gaining traction among investors with the asset base of the category growing to Rs 1.43 lakh crore in three months ended June 2024, marking an increase of 31 per cent from a year ago. Interestingly, some of the focused funds offered by the mutual fund houses such as Invesco India Focused Fund, Mahindra Manulife Focused Fund, JM Focused Fund and HDFC Focused 30 Fund delivered a remarkable return of 40-60 per cent in the past year, industry data showed. Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of stocks, typically limited to a maximum of 30 due to regulatory constraints. This requires the fund manager to be highly skilled in stock selection, as they need to identify the best investment opportunities across the market without bias toward any specific market cap or sector. According to data with the Association of Mutual Funds in India (Amfi), the assets
India VIX surges 42%, most in 9 years; FPIs offload shares worth Rs 10,073 crore
Eight of the top-10 most valued firms together lost Rs 1,28,913.5 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards, amid weak trend in equities. The valuation of TCS tumbled Rs 37,971.83 crore to Rs 15,49,626.88 crore, the most among the top-10 firms. The market capitalisation (mcap) of Infosys tanked Rs 23,811.88 crore to Rs 7,56,250.47 crore. ITC's mcap dropped by Rs 16,619.51 crore to Rs 6,11,423.11 crore and that of State Bank of India slumped by Rs 13,431.54 crore to Rs 7,56,717.85 crore. The valuation of Reliance Industries Limited declined by Rs 13,125.49 crore to Rs 20,28,695.57 crore. Bharti Airtel's market valuation went lower by Rs 11,821.5 crore to Rs 8,50,389.88 crore and that of ICICI Bank diminished by Rs 7,843.75 crore to Rs 8,42,176.78 crore. The valuation of Hindustan Unilever dipped by Rs 4,288 crore to Rs 6,32,862.41 crore. However, the mcap of HDFC Bank jumped Rs 32,759.37 crore
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 462.38 lakh crore on Wednesday helped by a four-day rally in benchmark indices. The 30-share BSE Sensex settled higher by 285.94 points or 0.35 per cent at 81,741.34 -- its all-time closing high. In the last four trading sessions, the BSE benchmark jumped 408.62 points or 0.50 per cent, making investors richer by Rs 5.45 lakh crore. Investors' wealth climbed Rs 5,45,337.02 crore in the past four days to reach a record high of Rs 4,62,38,008.35 crore (USD 5.52 trillion) on Wednesday. "Sebi's crackdown on Futures & Options trade is eminently desirable and can go a long way towards making the ongoing rally healthy and less speculative. "The irrational exuberance of the retail investors, particularly the newbies who entered market after the Covid crash, will do more harm than good to the overall market in the long run," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, ...
India's market capitalisation had closed above $5 trillion on May 24, 2024, as per Bloomberg data