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

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

Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%

Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%

Accenture shares fell 11% on Friday, hitting the day’s low of $273.19, notwithstanding a revenue beat for third quarter driven by growing demand for the consulting giant’s AI-driven services from enterprise customers. It reported revenue of $17.7 billion for the quarter ended May 31, compared with analysts’ average estimate of $17.30 billion, Reuters reported, citing … Read more

From rags to rallies: Tata’s B team delivers up to 49% returns in 3 months, outshining bluechips

From rags to rallies: Tata’s B team delivers up to 49% returns in 3 months, outshining bluechips

After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged … Read more

Eight of top-10 most-valued firms saw combined Rs 1.60 lakh cr erosion in mkt valuation last week

Eight of top-10 most-valued firms saw combined Rs 1.60 lakh cr erosion in mkt valuation last week

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

IT stocks slide up to 6% as Wipro forecasts revenue decline, sparks sector-wide selloff

IT stocks slide up to 6% as Wipro forecasts revenue decline, sparks sector-wide selloff

Information technology stocks tumbled up to 6% on Thursday, dragged lower by Wipro’s disappointing earnings and downbeat revenue outlook for the April-to-June quarter, triggering a broad selloff across the sector. Shares of Wipro plunged 5.7% after the company missed fourth-quarter revenue estimates and warned of a 1.5% to 3.5% decline in revenue for the current … Read more

5 of top 10 valued firms add Rs 84,559 crore in valuation last week; HUL major gainer

5 of top 10 valued firms add Rs 84,559 crore in valuation last week; HUL major gainer

New Delhi, The combined market valuation of five of the top-10 valued firms surged Rs 84,559.01 crore in a holiday-shortened last week, with Hindustan Unilever emerging as the biggest winner. Last week, the BSE benchmark Sensex declined 207.43 points or 0.27 per cent. The NSE Nifty dipped 75.9 points or 0.33 per cent. Indian stock … Read more

Infosys, Wipro ADRs fall by 3% after Accenture raises full-year revenue forecast

Infosys, Wipro ADRs fall by 3% after Accenture raises full-year revenue forecast

The American Depository Receipts (ADRs) of Infosys fell 3.6% while those of Wipro were down 3.2% on Thursday following Accenture’s forecast of its full-year revenue where it raised the lower end of its annual topline on growing demand for its services to help clients integrate AI-powered tools into their operations. Strong demand for large-scale projects … Read more

Mcap of eight of top-10 valued firms tumbles Rs 2 lakh cr; Reliance biggest laggard

Mcap of eight of top-10 valued firms tumbles Rs 2 lakh cr; Reliance biggest laggard

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