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Source: Live Mint The combined market capitalization of nine out of the top 10 most-valued companies surged by ₹3,06,243.74 crore last week, driven by a bullish trend in equities. ICICI Bank and Bharti Airtel emerged as the biggest gainers. During the same period, the BSE benchmark index jumped 3,076.6 points (4.16%), while the NSE Nifty…
Source: Live Mint India’s Competition Commission of India (CCI) on Monday, March 17, approved fast-moving consumer goods (FMCG) giant Hindustan Unilever’s plea to acquire a majority stake in premium skincare brand Minimalist, according to a social media post on X. “CCI approves acquisition of Uprising Science Private Limited by Hindustan Unilever Limited,” said the CCI…
Source: Live Mint The combined market valuation of seven of the top 10 most valuable companies increased by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services (TCS) leading the gains. During the same period, the BSE Sensex rose by 1,134.48 points (1.55%), while the NSE Nifty climbed 427.8 points (1.93%). Reliance Industries’…
Source: Live Mint The combined market capitalization of eight out of the top 10 most valuable companies declined by ₹3,09,244.57 crore in a holiday-shortened week, with Tata Consultancy Services (TCS) experiencing the steepest drop amid a broader bearish trend in the stock market. During the past week, the BSE Sensex plummeted by 2,112.96 points (2.80%),…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹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…
Source: Live Mint The combined market capitalization of six out of the ten most valuable companies surged by ₹1,18,151.75 crore last week, with HDFC Bank and Bharti Airtel emerging as the top gainers, aligning with the positive trend in equities. During the week, the BSE benchmark rose by 354.23 points (0.45%), while the Nifty gained…
Source: Live Mint In a recent note, brokerage house Motilal Oswal Financial Services (MOSL) stated that a slowdown in consumption and commodity weakness have weighed on corporate earnings, even as sectors such as BFSI, Healthcare, Capital Goods, and Technology delivered strong performances. However, the government’s shift from capital expenditure to consumption in its latest budget…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing…
Source: Live Mint Indian stocks have made a notable comeback in recent sessions, buoyed by expectations that the Reserve Bank of India (RBI) will announce supportive measures in the upcoming Monetary Policy Committee (MPC) meeting to stimulate the economy. The market anticipates a possible cut in the Cash Reserve Ratio (CRR) as the banking system…
