Market Cap

Mcap of nine of 10 most valued firms jumps Rs 2.34 trillion last week

Nine of the top 10 valued firms together added Rs 2,34,097.42 crore in market valuation amid a positive trend in equities last week, with Reliance Industries emerging as the biggest gainer. The 30-share BSE benchmark jumped 1,464.42 points or 2.54 per cent in a holiday-shortened last week. Equity markets were closed on Thursday on account of 'Ram Navami'. The market valuation of Reliance Industries zoomed Rs 86,317.26 crore to Rs 15,77,092.66 crore, the most among the top-10 firms. Tata Consultancy Services (TCS) added Rs 30,864.1 crore, taking its valuation to Rs 11,73,018.69 crore. HDFC Bank's market valuation rallied Rs 26,782.76 crore to Rs 8,98,199.09 crore and that of Infosys surged Rs 19,601.95 crore to Rs 5,92,289.92 crore. The market capitalisation (mcap) of Hindustan Unilever climbed Rs 18,385.55 crore to Rs 6,01,201.66 crore and that of ICICI Bank advanced Rs 17,644.35 crore to Rs 6,12,532.60 crore. State Bank of India's mcap went up by Rs 16,153.55 crore to Rs 4,67,38

Reliance Industries shares jump over 4%, mcap climbs Rs 64,723.85 cr

Shares of Reliance Industries jumped over 4 per cent on Friday, helping the equity benchmark indices finish the day with smart gains. A rally in the equity also added Rs 64,723.85 crore to the company's market valuation. The stock rallied 4.29 per cent to finish at Rs 2,331.05 on the BSE. During the day, it jumped 4.82 per cent to Rs 2,343. At the NSE, it climbed 4.31 per cent to end at Rs 2,331.05. In traded volume terms, 6.17 lakh shares of the firm were traded on BSE and over 1.30 crore shares on NSE during the day. The rally in the stock was instrumental in the sharp jump in the equity benchmark indices. The 30-share BSE Sensex zoomed 1,031.43 points or 1.78 per cent to finish at 58,991.52. The broader NSE Nifty jumped 279.05 points or 1.63 per cent to 17,359.75. The market valuation of the country's most valued firm Reliance Industries advanced by Rs 64,723.85 crore to Rs 15,77,092.66 crore amid a rally in the stock.

Adani stocks add Rs 30,000-crore market cap despite selling by ETFs

Shares worth Rs 1,200 crore of AEL and Rs 130 crore worth of ACC got offloaded by MSCI trackers; Yet AEL closed 14.2% up, while ACC added over 2%

M-cap ranking: India worst-performing in 2023, United Kingdom now sixth

India's contribution to the world market cap too has slipped below 3 per cent after having topped 4 per cent in October 2022

Six of top-10 firms lose Rs 49,231 crore in m-cap; HUL biggest laggard

The combined valuation of six of the 10 most valued firms eroded by Rs 49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. Last week, the 30-share BSE Sensex declined 159.18 points or 0.26 per cent. While Bharti Airtel, ITC, ICICI Bank and HDFC twins were the other laggards from the top-10 pack, TCS, SBI, Reliance Industries and Infosys posted gains. However, the combined market valuation gain of the four firms at Rs 35,840.35 crore was less than the total loss suffered by the six companies. The market valuation of Hindustan Unilever plummeted by Rs 15,918.48 crore to reach Rs 6,05,759.87 crore. The market capitalisation (mcap) of Bharti Airtel tanked by Rs 12,540.63 crore to Rs 4,29,474.82 crore and that of ITC plunged by Rs 11,420.89 crore to Rs 4,60,932.38 crore. ICICI Bank lost Rs 6,863.37 crore to stand at Rs 5,95,885.63 crore. The mcap of HDFC Bank dipped by Rs 1,255 crore to Rs 9,23,933.45 crore and that of HDFC fell Rs 1,233.07 crore to

Most Adani group stocks continue to fall; combined market cap declines

Shares of most of the Adani group firms ended lower on Monday, with the group companies' combined mcap witnessing a sharp fall of Rs 9.5 lakh crore after US-based short-seller Hindenburg Research's adverse report. Forex traders said the Hindenburg Research report has soured market mood towards Adani Group stocks, leading to a sharp decline in the stock prices. At the end of Monday's trading session, six of the 10 Adani group companies ended in the negative territory, with Adani Transmission slipping 10 per cent, while the shares of Adani Total Gas, Adani Power, Adani Green Energy and Adani Wilmar declined 5 per cent each. Shares of Adani Enterprises closed for the day at Rs 1,572.40, down 0.74 per cent over its previous close. Four of the Adani group companies defied the trend and settled in the positive territory with Adani Ports and Special Economic Zone closing higher by 9.46 per cent, Ambuja Cements (up 1.54 per cent), ACC (up 2.24 per cent) and NDTV (up 1.37 per cent). "The A

Nine of top-10 firms add Rs 1.88 trn in market-cap; ITC biggest gainer

Nine of the 10 most valued firms together added Rs 1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer. The 30-share BSE benchmark Sensex jumped 1,510.98 points or 2.54 per cent last week. Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services (TCS), HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list. The combined market valuation gain of the nine firms was at Rs 1,88,366.69 crore. The market valuation of ITC rallied Rs 43,321.81 crore to reach Rs 4,72,353.27 crore. Infosys added Rs 34,043.38 crore, taking its valuation to Rs 6,72,935.25 crore. ICICI Bank's market valuation jumped Rs 32,239.66 crore to Rs 6,02,749 crore and that of TCS zoomed Rs 26,143.92 crore to Rs 12,74,026.80 crore. The market capitalisation (mcap) of HDFC Bank advanced Rs 23,900.84 crore to Rs 9,25,188.45 crore and that of Bharti Airtel climbed Rs 10,432.23 crore to Rs 4,42,015.45 crore. The valuation of Hindustan Uni

Adani group companies market capitalisation erosion tops $100 billion

AEL pulled the plug on its fully-subscribed $2.4 billion (Rs 20,000-crore) follow-on public offering FPO

As market capitalisation takes a beating, Adani group slips to No. 3

Total m-cap lowest since March 2022 after 2-day decline

8 of top 10 firms lose Rs 1 trn in mcap; Infosys, HDFC Bank, TCS top losers

Eight of the top 10 most valued firms faced a combined erosion of Rs 1,06,991.42 crore in market valuation last week, with IT majors Infosys and Tata Consultancy Services along with HDFC Bank taking the biggest hit. Last week, the Sensex declined 940.37 points or 1.55 per cent. Barring Hindustan Unilever and Life Insurance Corporation of India (LIC), eight firms suffered erosion from their market capitalisation (mcap). The market valuation of Infosys tumbled Rs 25,185.37 crore to Rs 6,09,687.79 crore, the most among the top 10 firms. The mcap of HDFC Bank tanked Rs 18,375.41 crore to Rs 8,89,130 crore. The valuation of Tata Consultancy Services (TCS) eroded by Rs 17,289.02 crore to Rs 11,75,287.30 crore and that of ICICI Bank diminished by Rs 14,447.69 crore to Rs 6,07,140.65 crore. State Bank of India's market valuation slumped Rs 11,245.01 crore to Rs 5,36,012.18 crore. HDFC's valuation declined by Rs 7,419.45 crore to Rs 4,74,018.02 crore and that of Reliance Industries Limit

For the first time since early 2021, Apple loses $1 trillion in market cap

The fall meant that in just one year, the tech giant lost $1 trillion in market capitalisation

Visa consultancy firm BLS International crosses $1 bn in market cap

Delhi-based company says its business gained after countries eased travel restrictions for Covid-19

Crypto wrap: Market stable even as FTX fallout claims one more victim

The total market cap has improved marginally from $855 billion last Friday to $859 billion on December 9

If investment review shows decline in international allocation, restore it

Lock into attractive yields being offered by target maturity funds of three-five-year maturity

Strengthening debt market on Sebi's agenda, says Ananth Narayan

The market capitalisation of the equity market is almost Rs 290 trillion, but the corporate outstanding is at Rs 40 trillion, indicating more traction is needed on the debt side

Regulations not a remedy for fraud: Sebi whole time member SK Mohanty

According to a survey, 47 per cent respondents considered lack of visibility over third parties as the biggest concern to bribery and corruption

Binance-FTX saga deepens crypto investors' fears, Bitcoin near two-year low

With the fall deepening, experts said that the markets may not reach the November 2021 level anytime soon

Musk's favourite crypto doubles in value, skeptics issue warning

Dogecoin's rally brings focus back on cryptocurrency regulations and decentralised finance networks

Eight of top-10 firms add Rs 2 trn in market valuation; Reliance leads

Eight of the 10 most valued firms together added Rs 2,03,335.28 crore in market valuation last week amid an overall positive trend in equities, with Reliance Industries emerging as the biggest gainer. Last week, the BSE Sensex climbed 1,387.18 points or 2.39 per cent. Barring HDFC Bank and Bajaj Finance, rest eight firms in the top-10 pack witnessed addition in their market valuation. The market capitalisation (mcap) of index heavyweight Reliance Industries jumped Rs 68,296.41 crore to stand at Rs 16,72,365.60 crore. State Bank of India (SBI) added Rs 30,120.57 crore, taking its valuation to Rs 5,00,492.23 crore. ICICI Bank's market valuation climbed Rs 25,946.89 crore to Rs 6,32,264.39 crore and that of Hindustan Unilever Limited (HUL) advanced Rs 18,608.76 crore to Rs 6,23,828.23 crore. Bharti Airtel's valuation grew by Rs 17,385.1 crore to stand at Rs 4,43,612.09 crore. The market valuation of ITC jumped Rs 16,739.62 crore to Rs 4,28,453.62 crore and that of Tata Consultancy

Weak financials, shaky management: What's wrong at Credit Suisse?

Credit Suisse's share price has fallen nearly 60 per cent in 2022, more than halving its market cap in just a matter of months