Dalal Street investors have become richer by Rs 30.20 lakh crore this year, helped by a rise of over 8 per cent in the BSE benchmark Sensex, despite multiple headwinds in the form of exodus of foreign funds, rate-related uncertainties, high valuations and a weakening rupee.Analysts said despite the headwinds, equity markets showed resilience, helped […]
The combined market valuation of seven of the top 10 most valued companies fell by Rs 35,439.36 crore last week during a curtailed holiday period, with State Bank of India taking the biggest hit, in line with a subdued trend in equities.Last week, the benchmark BSE rose 112.09 points or 0.13 percent. Among the top […]
Elon Musk’s net worth has risen to an eye-watering $749 billion – now larger than the combined market capitalization of India’s four largest listed companies: Reliance Industries ($236 billion), HDFC Bank ($184 billion), Bharti Airtel ($142 billion) and Tata Consultancy Services ($132 billion). The dramatic jump came late Friday after a major legal victory restored […]
Markets regulator Sebi has settled a regulatory non-compliance case with National Securities Depository Ltd (NSDL), with the depository paying Rs 15.57 crore to close proceedings related to lapses found during an inspection in FY24.The settlement came following an NSDL’s motion to resolve the case “without admission or denial of the findings of fact and conclusions […]
The combined market valuation of eight of the top 10 most valued domestic companies fell by Rs 79,129.21 crore last week, with Bajaj Finance and ICICI Bank taking the biggest hits, amid a largely bearish trend in equities.Last week, the BSE benchmark index fell 444.71 points or 0.51 percent. Out of the top 10, Reliance […]
The combined market valuation of five of the top 10 most valued companies rose by Rs 72,284.74 crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers.While Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance were the gainers, Reliance Industries, HDFC Bank, State Bank of India, Larsen & Toubro […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 96,200.95 crore last week, with Reliance Industries and Bajaj Finance stealing the show, coupled with a bullish trend in equities.Last week, the benchmark BSE rose 474.75 points or 0.55 percent. On Thursday, the Sensex hit an all-time high of […]
The combined market valuation of seven of the top 10 most valued companies rose by Rs 1,28,281.52 crore last week, with Reliance Industries and Bharti Airtel emerging as the biggest gainers, in line with a positive trend in equities.Last week, the benchmark BSE rose 669.14 points or 0.79 percent. While Reliance Industries, HDFC Bank, Bharti […]
Indian shares closed solidly higher on Wednesday, with the Sensex and Nifty paring early losses, as renewed foreign inflows and a recovery in IT big names kept sentiment steady. Infosys led the charge, anticipating its Rs 18,000 crore share buyback that will start on Thursday.The S&P BSE Sensex rose 513 points, or 0.61%, to close […]
The combined market valuation of eight of the top 10 most valued companies rose by Rs 2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.Last week, the BSE Sensex rose 1,346.5 points or 1.62 percent and the NSE Nifty rose 417.75 points or 1.64 percent. Markets staged a strong […]