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Source: Live Mint The combined market valuation of six of India’s top-10 most valued companies eroded by ₹70,325.5 crore last week. The downturn was a result of a bearish trend in the equity market, with the BSE benchmark Sensex dropping 0.74% or 626.01 points, PTI reported. The week’s biggest losers HDFC Bank and ICICI Bank…
Source: Live Mint Nine out of the ten most valued companies saw a combined increase of ₹2,34,565.53 crore in market capitalisation last week, driven by positive momentum in the equity markets. Reliance Industries recorded the highest gains among them. During the week, the BSE benchmark index advanced by 1,650.73 points or 2%. Infosys was the…
Source: Live Mint The combined market capitalisation of six out of the ten most-valued companies rose by ₹1,62,288.06 crore last week, with Bharti Airtel and Reliance Industries leading the gains, reflecting a broadly positive sentiment in the equity market. During the same period, the BSE benchmark index advanced by 1,289.57 points, or 1.58%. Among the…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, ended with strong gains on Friday, breaking their three-day losing streak, led by optimistic sentiment on Dalal Street, as bulls initiated broad-based accumulation across sectors. The Sensex jumped 1,046.30 points, or 1.29%, to close at 82,408.17, while the Nifty 50 settled 319.15…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Zee Entertainment The Board of Directors of Zee Entertainment Enterprises (ZEE) has given the green light to issue up to 16.95 crore fully convertible warrants to entities belonging to the promoter group on a preferential basis, priced at…
Source: Live Mint Reliance Industries Limited (RIL) has pared its holding in Asian Paints by offloading 3.5 crore shares, marking a significant exit from one of India’s leading blue-chip companies. The sale, conducted through its wholly owned subsidiary Siddhant Commercials Limited, fetched ₹2,201 per share—translating into a total deal size of ₹7,703.5 crore. The transaction,…
Source: Live Mint Small-cap stock Afcons Infrastructure may attract significant investor interest on Monday, June 9, after winning an order from Reliance Industries for construction work related to the Vinyl Projects at Dahej, Gujarat. In an exchange filing on Saturday, June 7, “We are pleased to inform that Afcons Infrastructure Limited has been awarded a…
Source: Live Mint Despite a generally weak performance in the equity market, the combined market capitalisation of four out of the ten most valuable companies rose by ₹1,01,369.5 crore last week, with Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index slipped by 270.07 points or 0.33% over the week. Among…
Source: Live Mint New Delhi, May 25 (PTI): The combined market valuation of six of the top-10 most valued firms eroded by ₹78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty…
Source: Live Mint Eight of India’s ten most valuable companies collectively lost ₹1.60 lakh crore in market value last week, with Reliance Industries suffering the largest decline amid a broader market downturn. The BSE benchmark index fell by 1,047.52 points, or 1.30%, during the week. Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel,…
