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Source: Live Mint Seven out of the ten most valuable companies in India saw a combined increase of ₹2.31 lakh crore in market valuation during the previous, holiday-shortened week, with Reliance Industries leading the gains amid generally positive sentiment in the equity market. The companies that registered valuation gains were Reliance Industries, HDFC Bank, Bharti…
Source: Live Mint The combined market capitalization of six of the top 10 most valued companies surged by ₹1,18,626.24 crore last week, with Tata Consultancy Services (TCS) leading the gains. During the week, the BSE Sensex rose by 659.33 points or 0.83%, while the NSE Nifty added 187.7 points or 0.78%. Reliance Industries, HDFC Bank,…
Source: Live Mint The combined market capitalization of the ten most valued companies soared by an impressive ₹3,84,004.73 crore during the holiday-shortened week, driven by a strong rally in the equity markets. HDFC Bank and Bharti Airtel led the gains among the top performers. Over the same period, the BSE Sensex surged by 3,395.94 points,…
Source: Live Mint Two stock recommendations by MarketSmith India: Buy: Godrej Consumer Products (current price: ₹1,160) Why it’s recommended: Defensive sector, strong brand portfolio, rural & tier-2/3 market penetration Key metrics: P/E: 61.24, 52-week high: ₹ 1,542, volume: ₹ 51.14 cr. Technical analysis: Possible horizontal trendline breakout Risk factors: High dependency on the insecticides segment,…
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…
