Last week, nine of the top ten most-valued firms collectively gained ₹1,85,320.49 crore in market valuation, with Reliance Industries Ltd and HDFC Bank leading the surge, reflecting a broader rally in equities. The BSE benchmark soared by 1,404.45 points, or 1.89%, and the 30-share BSE Sensex reached an all-time intraday […]
ICICI Bank
Certainty in the election outcome and renewed foreign investor inflows into Indian equities have pushed benchmark indices to new peaks for two consecutive sessions. However, the banking index has not mirrored this trend. Does the election impact the banking sector? If yes, would a likely third term for Modi benefit […]
Last week witnessed significant market valuation gains, with eight of the top-10 most valued firms collectively adding ₹1,47,935.19 crore. Notably, Life Insurance Corporation of India (LIC) and Reliance Industries stood out as the primary beneficiaries of this surge. During the same period, the BSE benchmark surged by 1,341.47 points, marking […]
The Nifty Bank index is down over 3 per cent in May so far against a 2 per cent fall in the equity benchmark Nifty 50. Nifty PSU Bank index is down 6 per cent this month so far, while the Nifty Private Bank index has declined 3 per cent. […]
Last week saw a collective decline in the market valuation of six out of the top-10 most valued companies, amounting to a substantial ₹1,73,097.59 crore. This trend was largely influenced by weak equities, as indicated by the BSE benchmark plummeting by 1,213.68 points or 1.64 percent during the same period. […]