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Indian stock markets ended the week on a high, lifting the combined valuation of seven of the top 10 most valuable companies by over Rs 2.16 lakh crore. Reliance Industries and Bharti Airtel led the charge, reflecting a broadly optimistic trend in equities.The BSE benchmark jumped 1,451 points, or 1.75%, signalling investor confidence.Among the top…
Stock market: Dalal Street witnessed strong momentum last week as the combined market capitalisation of eight of India’s top 10 most-valued companies rose by Rs 1.94 lakh crore, reflecting renewed investor optimism.Tata Consultancy Services (TCS) emerged as the biggest gainer, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines in their valuations,…
MUMBAI: Winro Commercial, a BSE-listed non-banking finance company (NBFC) with a market cap of nearly Rs 31 crore, has bid in LG Electronics India IPO for shares worth nearly Rs 749 crore, raising eyebrows among market players. The company is known to be active in the IPO space; it usually bids in the anchor books…
Last week, the combined market value of seven of India’s ten most valuable companies rose by Rs 74,573.63 crore, with HDFC Bank emerging as the top performer.Even during the holiday-shortened trading week, the BSE benchmark surged 780.71 points, or 0.97%, while the Nifty also gained 239.55 points, registering a 0.97% rise.HDFC Bank, Tata Consultancy Services…
Adani Group companies gained over Rs 66,000 crore in market cap in a single session on Friday, fuelled by a buying frenzy following Sebi’s clean chit in the Hindenburg case. The gain marked the best day for the Gautam Adani-led group’s stocks since May, Bloomberg reported.The regulator’s order, which dismissed allegations of stock manipulation and…
The combined market valuation of eight of the 10 most valued domestic firms jumped Rs 1,69,506.83 crore last week, in line with an upbeat trend at Dalal Street. Bajaj Finance led the gainers, while Hindustan Unilever and LIC were the only laggards.During the week, the BSE benchmark surged 1,193.94 points or 1.47 per cent, boosting…
