The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities. Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent. The BSE benchmark soared 1,359.51 points or 1.63 … Read more
Walmart-backed fintech major PhonePe on Wednesday said the market cap overhang is a challenge for the potential listing of the company and can not go to the market based on the current numbers and market share. He also said the company plans to enter the European market in the next five years. It may be … Read more
“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more
Retailer and hypermarket operator Trent and state-owned Bharat Electronics are likely to replace LTI Mindtree and Divi’s Laboratories in the forthcoming rejig in the Nifty index, according to an estimate by Nuvama Alternative & Quantitative Research. The possible changes would lead to an inflow of $429 million or Rs 3,500 crore into Trent and $ … Read more
New Delhi: The country’s largest two-wheeler maker Hero MotoCorp’s market cap reached Rs 1 lakh crore for the first time on Tuesday as its stock crossed the Rs 5,000 mark. Hero’s stock has surged 85.42% in the last 12 months and 21.8% so far this year. Investors have been upbeat on the stock on the … Read more
Stock market returns are typically lumpy as prices do not move in a straight line but at least seven smallcap stocks have given double-digit returns in each of the last 5 months. Over the past five months, the benchmark index Sensex has witnessed an impressive surge of more than 12%, setting the stage for robust … Read more
New Delhi: Five of the top 10 valued firms together added Rs 95,337.95 crore in their market valuation last week, with index major Reliance Industries Ltd contributing the most. Last week, the BSE benchmark climbed 319.87 points or 0.52 per cent. While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from … Read more
The dividend yield, which is high enough to beat the current fixed deposit interest rate offered by the leading banks, has been considered for shortlisting of stocks. Synopsis High dividend yielding stocks are not something which interests most investors. Everyone is looking for capital gains. However, there are many advantages to having high-dividend-yielding stocks in … Read more
The Indian market retested crucial support levels in June as selling by foreign investors pushed the Nifty50 lower by over 5 per cent so far in 2022 and many large and midcap stocks fell in double digits. In the quest to find value from the current fall, we have collated a list of 10 stocks … Read more
(This story originally appeared in on Jun 01, 2022) MUMBAI: LIC’s market capitalisation dropped below that of ICICI Bank (Rs 5.2 lakh crore) on Tuesday to the 7th position as Dalal Street expressed its disappointment over its results declared on Monday. LIC’s shares fell 3% or by over Rs 25 to Rs 811, bringing down … Read more