Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week, with Infosys and HDFC Bank suffering the biggest hit.
Last week, the Sensex slipped 170.49 points or 0.28 per cent, while the Nifty shed 113.90 points or 0.64 per cent.
The top 10 valued domestic firms added a whopping Rs 2,61,767.61 crore to their total market valuation last week in tandem with a buoyant trend in equities
Germany, once among the top five markets, has now slipped to tenth
The top-10 most valued companies suffered a combined erosion of Rs 2.53 lakh crore in market valuation last week, as the domestic equity benchmarks witnessed heavy selling
The market capitalisation of BSE-listed companies reached another fresh record on Wednesday, rallying to a lifetime high of over Rs 277.22 lakh crore. Investors' wealth also soared by Rs 6,08,024.55 crore in four days. The BSE benchmark extended its winning momentum for the fourth straight session on Wednesday and jumped 533.15 points or 0.88 per cent to settle at 61,150.04. In four days, the 30-share benchmark has jumped 1,548.2 points. Tracking this optimism, the market capitalisation of BSE-listed firms jumped to an all-time high of Rs 2,77,22,916.43 crore on Wednesday. "Markets edged higher and gained nearly a per cent, in continuation to the prevailing up move. Upbeat global cues led to a firm start however mixed trends across sectors capped the movement thereafter," said Ajit Mishra, VP - Research, Religare Broking Ltd. Among the 30-share frontline companies, M&M, Bharti Airtel, RIL, IndusInd Bank and ICICI Bank were the lead gainers. In the broader market, the BSE midcap
The market capitalisation of the BSE-listed companies reached a fresh lifetime high of over Rs 275.20 lakh crore on Tuesday, driven by a continuous rally in the equity market
Reliance Industries Limited, ICICI Bank and Bharti Airtel were the three laggards from the top-10 list
The stock settles at Rs 3,955 at close, up 1.8% over previous close
All Adani stocks generated returns over 100 percent in FY21- and the businesses ensured that the Group returned close to Rs 9,500 crore rupees to equity shareholders.
The 30-share bluechip index is rebalanced on a semi-annual basis with next rejig slated for June 18
Infrastructure company Larsen & Toubro (L&T) on Tuesday said it has received multiple orders across its business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts. The construction arm of L&T has secured orders for two of its businesses, L&T said in a regulatory filing. The company said its water and effluent treatment business has secured EPC (engineering, procurement and construction) orders from the rural water supply and sanitation department, Odisha to execute individual rural water supply projects in the Kendrapada and Khorda Districts of Odisha. The business has also secured a repeat order from the water resources department of Odisha. Further, the factories arm of its buildings and factories business has secured an order from a leading cement manufacturer in the ...
The market valuation of Reliance Industries jumped by Rs 74,329.95 crore to Rs 12,94,038.34 crore, the most among the top-10 companies
Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion
Half a dozen stocks tipped to exit large-cap bucket, with 17 leaving the mid-cap universe
The total market capitalisation of the group's listed firms fell to Rs 10,740 crore from Rs 42,000 crore reported a year ago
BL Bank, for example, is down 47.2 per cent during the period. Its m-cap is down from ~15,700 crore on February 20 to ~8,283 crore at the close of trading on March 16
Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation for the week ended Friday
The m-cap of Reliance Industries Ltd (RIL) zoomed Rs 28,494.36 crore to Rs 8,57,303.03 crore