Stock market investors lose nearly Rs 10 lakh crore in 2 days of sharp fall on US tariffs

Stock market investors lose nearly Rs 10 lakh crore in 2 days of sharp fall on US tariffs

Equity investors became poorer by Rs 9.69 lakh crore in two days of sharp fall in the stock markets, where the benchmark Sensex tumbled 1,555 points. The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 … Read more

Mcap of five of 10 most valued firms climbs Rs 60,675.94 cr; SBI, HDFC Bank biggest winners

Mcap of five of 10 most valued firms climbs Rs 60,675.94 cr; SBI, HDFC Bank biggest winners

The combined market valuation of five of the top-10 most valued firms increased by Rs 60,675.94 crore last week, with State Bank of India and HDFC Bank emerging as the lead gainers in line with a positive trend in equities. In a holiday-shortened last week, Sensex climbed 739.87 points or 0.92 per cent, and the … Read more

Mcap of 6 of top-10 most valued firms drops by Rs 2.22 lakh cr; Reliance biggest laggard

Mcap of 6 of top-10 most valued firms drops by Rs 2.22 lakh cr; Reliance biggest laggard

The combined market valuation of 6 of the top-10 most valued firms diminished by Rs 2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark gauge declined by 294.64 points or 0.36 per cent. “Markets ended lower for the fourth straight … Read more

TCS, Bharti Airtel, among 78 stocks approaching record dates for dividends, bonus issue, stock splits – Key corporate actions

TCS, Bharti Airtel, among 78 stocks approaching record dates for dividends, bonus issue, stock splits –  Key corporate actions

Dividends: Afcons Infrastructure – Rs 2.5 per share (25%) ASK Automotive – Rs 1.5 per share (75%) Bajaj Electricals – Rs 3 per share (150%) Bharti Airtel – Rs 16 per share (320%) Birlasoft – Rs 4 per share (200%) Blue Star – Rs 9 per share (450%) CE Info Systems – Rs 3.5 per … Read more

Jefferies unleashes value hunt: 11 buy stocks including 3 Adani bets as India market hits stretched valuations

Jefferies unleashes value hunt: 11 buy stocks including 3 Adani bets as India market hits stretched valuations

With MSCI India ex-financials trading at a steep 26.4x forward PE, 1.9 standard deviations above the 10-year average, global brokerage Jefferies has released an aggressive list of 11 value buy stocks, including three from the Adani group. The dramatic shift comes as Indian markets trade at an 82% premium to emerging markets versus a 10-year … Read more

M-cap of 6 of top 10 most valued firms drops by Rs 70,325 crore; HDFC, ICICI Bank top drags

M-cap of 6 of top 10 most valued firms drops by Rs 70,325 crore; HDFC, ICICI Bank top drags

The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries, … Read more

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Driven by investors’ interest, the shares of Vodafone Idea have surged by 14% in 7 trading sessions, to a high of Rs 7.49 hit on the BSE in today’s trade. This comes even as the company witnessed a loss of market share as well as active subscribers in the month of May. On the performance … Read more

Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer

Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer

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