Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers

Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers

Four of the top-10 most valued firms together added Rs 2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and SBI were the gainers. They collectively … Read more

Nine of top-10 most valued firms together add Rs 1.80 lakh crore in mcap; TCS biggest winner

Nine of top-10 most valued firms together add Rs 1.80 lakh crore in mcap; TCS biggest winner

The combined market valuation of nine of the top-10 most valued firms rallied by Rs 1,80,788.99 crore last week, amid an overall buoyant trend in equities, with Tata Consultancy Services (TCS) emerging as the biggest gainer. Last week, the BSE benchmark jumped 1,239.72 points or 1.86 per cent. The 30-share BSE Sensex rallied for the … Read more

Mcap of three of top-10 most-valued firms erodes by Rs 82,082.91 cr; Reliance biggest laggard

Mcap of three of top-10 most-valued firms erodes by Rs 82,082.91 cr; Reliance biggest laggard

The combined market valuation of three of the top-10 most valued firms eroded by Rs 82,082.91 crore last week, with Reliance Industries taking the biggest hit. From the top-10 pack, Reliance Industries, HDFC Bank and State Bank of India were the three laggards, while Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti … Read more

Valuation worry? Have to live with higher mcap-to-GDP, PE, PBV now

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Stock markets globally have rebounded sharply towards their pre-Covid levels. Technology, pharma and IT have been a big gainers in the Covid situation and tech-heavy exchanges, Nasdaq (US) and Shanghai (China), are at all-time/yearly highs. Many other indices are only a few percentage points away from their respective peaks. The higher the government support, technology … Read more