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, […]
Reliance Industries
The rally on Thursday was due in large part to a surge in shares of HDFC Bank, Reliance Industries, Power Grid Corporation of India and Coal India, with the oil & gas, consumable fuels, financial services, and power sectors leading the charge. Information technology and automobile stocks lagged behind. There […]
Rahul Ghose, the CEO of Hedged.in, believes that while the Nifty 50 may continue its positive momentum, it may not yield similar returns as in the last six months. He expects to see a consolidation in the broader indices. Nifty 50 can be in a broader range of 25,000 on […]
Stocks to buy: Last week, the Indian stock market benchmark, Nifty 50, surged by over 2%, marking the fourth consecutive week of gains. This upward momentum was driven by strong performances from key heavyweights, including Reliance Industries, HDFC Bank, and Mahindra & Mahindra. The Nifty 50 formed a long bullish […]
Union Budget 2024: 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 reached 24,100 points, […]
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 […]
Shares of Reliance Industries, India’s largest company by market capitalisation, reclaimed the ₹3,000 mark in today’s trading session after a 15-session gap, setting a new record high of ₹3,037.95 per share by gaining 4.50%. By the session’s close, the stock settled at ₹3,028, reflecting a significant 4.12% increase, marking its […]
Last week, during the holiday-shortened period, the combined market capitalization of three of the top-10 most valued firms surged by ₹1,06,125.98 crore. HDFC Bank and ICICI Bank emerged as the largest gainers. The BSE benchmark Sensex rose by 217.13 points or 0.28 per cent over the week. Among the top-10 […]
During the period, the BSE benchmark Sensex rose by 299.41 points or 0.39 per cent, reaching an all-time high of 77,145.46 on June 13. Among the gainers were Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, and LIC, while Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever, […]
In the broader markets, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both outperforming the main indices. The India VIX, a gauge of market volatility, closed 4.93% lower on Friday. Vinod Nair, Head of Research at Geojit Financial Services, noted a temporary slowdown in […]