Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing … Read more
The Tamil Nadu government will provide 4% reservation in promotion to its employees with benchmark disabilities. It has issued instructions in this regard. However, one of the instructions allows the government to exempt any of its establishments from provisions of Section 34 of the Rights of Persons with Disabilities Act, 2016. According to the instructions, … Read more
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. According to exchange data, FIIs sold equities worth Rs 4,892 crore in the cash market through June 13, after investing Rs 19,860 crore in May. In sharp contrast, domestic institutional investors (DIIs) have remained consistent … Read more
The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), … Read more
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will … Read more
The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a … Read more
Indian benchmark indices ended Monday on a positive note aided by banks and financial services stocks. Individually, Kotak Mahindra Bank, HDFC Bank and Bajaj Finance did the heavy lifting. While the S&P BSE Sensex settled at 77,073.44, up by 454.11 points or 0.59%, the broader Nifty closed at 23,344.75, higher by 141.55 points or 0.61%. … Read more
Indian benchmark indices started 2025 on a positive note on Wednesday aided by buying trends in most sectors, particularly in auto and banks. While the S&P BSE Sensex settled at 78,507.41, up by 368.40 points or 0.47%, the broader Nifty closed at 23,742.90, higher by 98.10 points or 0.41%. Commenting on the day’s action, Vinod … Read more
Indian benchmark indices traded in a narrow range today (Thursday, December 26) ending flat on the monthly expiry day as FMCG and bank stocks neutralised the gains made from the uptick in auto stocks. While the S&P BSE Sensex settled at 78,472.48, down by 0.39 points, the broader Nifty closed at 23,750.20, higher by 22.55 … Read more
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities, where Tata Consultancy Services and Reliance Industries faced the sharpest erosion. Last week, the BSE benchmark tanked 4,091.53 points or 4.98 per cent. “The Indian equity market recorded its steepest … Read more