The combined market valuation of nine of the top 10 most valued companies fell by Rs 2,18,902.09 crore last week, with Bharti Airtel taking the biggest hit in line with a bearish trend in equities.Last week, the benchmark BSE fell 1,527.52 points or 1.84 percent. “Equity markets ended the week under significant pressure as continued […]
French multinational bank BNP Paribas on Friday bought 5.28 lakh shares worth Rs 64 crore in State Bank of India (SBI) through a block deal. The seller in the deal was Societe Generale.The shares were bought through its investment arm BNP Paribas Financial Markets at a price of Rs 1,204 each versus Thursday’s closing price […]
The combined market valuation of six of the top 10 most valued companies rose by Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest gainers.The 30-share BSE Sensex rose 187.95 points, or 0.22 percent, in the past week. Larsen & Toubro, State Bank of […]
Shares of Easy Trip Planners have surged 60% in just three sessions, buoyed by the company’s plans to raise capital of up to Rs 500 crore as part of its ongoing strategy to scale up key growth areas and strengthen its financial strength. The online travel technology company, which operates the EaseMyTrip platform, received in-principle […]
Indian markets broke their losing streak on Monday, supported by gains in the financial sector and energy stocks, with added strength from the pharmaceutical and healthcare sectors. The Nifty ended a two-session decline to close at 25,682.75, up 211.65 points or 0.83%, while the 30-share BSE Sensex recovered after three straight declines to end at […]
According to Motilal Oswal, Indian markets appear poised for better performance in CY26, especially after the sharp underperformance of around 26% in USD versus MSCI EM in CY25. The brokerage believes that the earnings environment is stabilizing and macro conditions are turning supportive following a series of monetary and fiscal measures by the RBI and […]
The combined market valuation of six of the top 10 most valued companies eroded by over Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities.The benchmark BSE has fallen 953.64 points or 1.14 percent in the past week. […]
Market veteran Gurmeet Chadha has said that five years ago, it was difficult to imagine that the State Bank of India (SBI) would overtake IT heavyweights such as Tata Consultancy Services (TCS) and Infosys in terms of market capitalization. While the Managing Partner and CIO of Complete Circle Consultants stopped short of writing down the […]
Leading public sector lender State Bank of India (SBI) has overtaken IT services firm Tata Consultancy Services (TCS) to become the country’s fourth-largest listed company by market capitalization, riding on a sharp post-earnings recovery and renewed optimism around public sector banks.SBI’s market capitalization now stands at almost Rs 10.92 lakh crore, compared to TCS at […]
A video of a female bank employee verbally abusing a customer has gone viral, sparking widespread outrage and condemnation over her behavior and alleged casteist comments. The incident reportedly took place at a branch of HDFC Bank in Kanpur, Uttar Pradesh. In the video, the employee, identified as Aastha, is seen arguing with an account […]