Ahead of Market: 10 Things That Will Determine Stock Market Action on Wednesday

The domestic market witnessed sharp volatility on the monthly expiration day, driven by a weakening rupee and continued FII outflows. Caution prevailed as investors waited for clarity on a possible rate cut at the upcoming FOMC meeting and progress on the India-US trade deal, despite some improving signs.This is how analysts read the market pulse:Analysts […]

Market capitalization of top-10 most appreciated companies drops with RS 2.99 Lakh CR; TCs hit hard

The combined market rating of the top 10 most appreciated companies eroded by RS 2.99.661,36 Crore last week, in line with a Bearish Trend in shares, where Bellwether Tata Consultancy Services takes the biggest hit. Last week the BSE benchmark refined 2,199.77 points or 2.66 percent. “A sharp walk in H-1B visa costs led to […]

RS 2.24 Lakh Crore has wiped from 8 of the most appreciated companies of the top 10; Reliance, HDFC Bank Lead Losses

The combined market rating of eight of the top 10 most appreciated companies eroded by RS 2,24,630.45 Crore last week, where Reliance Industries and HDFC Bank take the biggest hit, in-line with a bear trend in shares. Last week the BSE -Benchmark fell 1,497.2 points, or 1.84 percent. From the top 10 package, Reliance Industries, […]