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Over the past few months, rising interest rates amid surging inflation has dented market sentiment across the globe
The iPhone maker's stock rose 0.6% to end the day at $189.25, putting Apple's market value at $2.98 trillion, according to Refinitiv data
Will remain slightly Overweight India in the Asia Pacific ex-Japan relative-return portfolio, says Christopher Wood, global head of equity strategy at Jefferies in his GREED & Fear note to investors.
Seven listed entities suffer a cumulative Rs 85,761 crore erosion in market value
The Adani group gained from a continued rally in its existing companies and the acquisition of Ambuja Cement, ACC, and NDTV last year
The combined market valuation of five of the 10 most valued firms eroded by Rs 1,67,602.73 crore last week, with Reliance Industries taking the biggest hit. Last week, the Sensex lost 686.83 or 1.09 per cent amid an overall weak trend in equities. While Reliance Industries, TCS, Infosys, Bharti Airtel and ICICI Bank were the laggards from the top-10 pack, Hindustan Unilever, HDFC Bank, Adani Enterprises, SBI and HDFC emerged as the gainers. The valuation of Reliance Industries tumbled by Rs 76,821.01 crore to reach Rs 17,65,173.47 crore. Tata Consultancy Services' market capitalisation (mcap) declined by Rs 53,641.69 to Rs 12,04,797.55 crore. The valuation of Infosys eroded by Rs 29,330.33 crore to Rs 6,60,184.76 crore and that of Bharti Airtel fell by Rs 7,705.08 crore to Rs 4,64,529.84 crore. ICICI Bank's mcap diminished by Rs 104.62 crore to Rs 6,49,102.84 crore. However, Hindustan Unilever (HUL) added Rs 24,882.17 crore, taking its market valuation to Rs 6,39,370.77. HDFC B
Nine of the top-10 most valued firms faced a combined erosion of Rs 1,22,092.9 crore in market valuation last week amid weak trend in equities, with Reliance Industries emerging as the biggest laggard. Last week, the 30-share BSE benchmark declined 843.86 points or 1.36 per cent. Barring HDFC Bank, rest nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, witnessed decline in their market valuation. The valuation of Reliance Industries tanked Rs 29,767.66 crore to Rs 17,35,405.81 crore. TCS faced an erosion of Rs 19,960.12 crore to Rs 11,84,837.43 crore in its market valuation. The valuation of ICICI Bank plunged Rs 19,722.3 crore to Rs 6,29,380.54 crore and that of Infosys tumbled Rs 19,567.57 crore to Rs 6,40,617.19 crore. The market capitalisation (mcap) of Hindustan Unilever went lower by Rs 11,935.92 crore to Rs 6,27,434.85 crore and that of State Bank of India declined by Rs 11,735.86 crore to Rs 5,38,421.83 crore. Bharti .
After underperforming for 2 yrs, silver has risen in line with benchmark indices but one should limit exposure to it to 5-10 per cent of portfolio
The MSCI Pakistan Index, according to Wood's note, is trading on 3.7x forecast 2023 consensus earnings and a 2023 forecast dividend yield of 10.2 per cent
Nine of the 10 most valued domestic firms together added Rs 90,318.74 crore in market valuation last week amid a positive trend in equities, with Reliance Industries emerging as the biggest winner. Last week, the 30-share BSE benchmark Sensex climbed 652.7 points or 1.10 per cent. Markets had a special one-hour Muhurat trading session on Monday to mark the beginning of Hindu Samvat year 2079. Stock markets were closed on Wednesday for 'Diwali Balipratipada'. Barring Hindustan Unilever, rest nine companies witnessed addition in their market valuation, including Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India (SBI). The market valuation of Reliance Industries rallied Rs 36,566.82 crore to reach Rs 17,08,932.42 crore. The market capitalisation (mcap) of HDFC Bank advanced Rs 11,195.61 crore to Rs 8,12,378.52 crore. Bharti Airtel's market valuation jumped Rs 10,792.67 crore to Rs 4,54,404.76 crore and that of SBI climbed Rs 8,879.98 crore to Rs 5,09,372.21
Nifty's earnings are in high teens and this premium growth merits higher valuations, says Manish Kumar, CIO of ICICI Prudential Life Insurance.
The valuation of Reliance Industries jumped Rs 1,38,222.46 crore to reach Rs 18,80,350.47 crore
What are the takeaways from WEF meet? What is Sunjay Kapur's take on the auto-component sector's EV shift? What lies ahead for the markets this week? What's Embedded Value & Enterprise Value? Answers
Five of the top-10 most valued firms together added Rs 67,843.33 crore in market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest gainers.
L&T Infotech's new deal wins and pipeline indicates strong demand environment.
Seven of the 10 most valued firms suffered a combined erosion of Rs 1.32 trillion in market valuation last week
Equity market capitalisation dropped to a seven-month low in February, with the top 10 companies losing a whopping Rs 3,33,307.62 crore in market valuation last week.
Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further
Note says market valuation shrinks if it is above long-term averages before the start of the hike cycle