Eight out of the top 10 most valued companies in India collectively lost ₹1,28,913.5 crore in market value last week, PTI reported. Among the top 10, Tata Consultancy Services (TCS) and Infosys were the biggest losers with weak equity trends, it added. In the ranking of the most valued firms, […]
ICICI Bank
Indian stock market: Market benchmarks—the Sensex and the Nifty 50—continued their losing streak for the fourth consecutive session. The Sensex dropped by 280 points, or 0.35 per cent, closing at 80,148.88. Similarly, the Nifty 50 ended the day down by 66 points, or 0.27 per cent, at 24,413.50. Despite these […]
In the holiday-shortened week, the combined market valuation of eight of the top 10 most valued firms surged by ₹2,10,330.26 crore, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index increased by 85.31 points, or 0.10%, and the 30-share BSE […]
Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 […]
Indian stock market: Market indices both Sensex and Nifty witnessed contrasting trends. The large-cap indices, Nifty 50 and Sensex, closed at record highs, whereas the mid-cap and small-cap indices experienced a one percent decline each. The Nifty 50 closed at a new record high of 24,800.85, rising 188 points or […]
Last week witnessed a significant surge in the combined market valuation of seven of the top-10 most valued firms, amounting to an increase of ₹1,72,225.62 crore. Leading the charge was IT giant Tata Consultancy Services (TCS), benefiting from a bullish equity market. During the week, the BSE benchmark rose by […]
In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far. The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, […]
Shares of Mep Infrastructure Developers, Praxis Home Retail, Future Supply Chain Solutions, FILATEX FASHIONS hit their fresh 52 wk lows today. Nifty 50 was down by -50.5(-0.21%) points and Sensex was down by -291.5(-0.36%) points at 05 Jul 2024 10:59:58 IST. Bank Nifty was down by -586.55(-1.1%) points at 05 […]
The market capitalisation of nine out of the top ten most valued companies in the Indian stock market collectively added ₹2,89,699.42 crore to their market valuation last week, with Reliance Industries emerging as the top gainer. This rise aligns with a broader rally in equities. The BSE benchmark index saw […]
The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty 24,100 points for the first time, […]