Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
Source: Live Mint Buy or sell: As we have already discussed in the last week due to a major fed rate decision meeting in upcoming week, we can see a breakthrough in the indices. This week, the Nifty index closed at 25,790, marking a significant breakthrough above the key resistance level of 25,500. This rise…
Source: Live Mint The combined market capitalization of six of the top 10 most valuable companies surged by ₹1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the top gainers, in line with positive trends in equities. The BSE benchmark rose by 1,653.37 points or 1.99 per cent over the week. On…
Source: Live Mint Indian stock market: The Indian market saw another day of consolidation on Tuesday, with traders staying cautious ahead of the Federal Reserve’s upcoming policy meeting. On Wednesday, the Fed is anticipated to announce its first rate cut since 2020. The Nifty 50 closed the session with a 0.14% rise at 25,418 points,…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Sep 17 2024 | 3:26 PM IST Shares of Aarti Surfactants (ASL) hit a two-year high of Rs 909.90 on the BSE on Tuesday as they surged 18 per cent in the intraday trade. In two days, the stock of the…
Source: Live Mint Nine of the top ten most valuable firms collectively added ₹2,01,552.69 crore to their market valuation last week, with Bharti Airtel leading the charge amid a positive investor sentiment in equities. During the same period, the BSE benchmark surged by 1,707.01 points, or 2.10 percent, reaching a record high of 83,116.19 on…
Source: Live Mint Stocks to buy: The recent gains in FMCG stocks, including ITC, Hindustan Unilever (HUL), and United Spirits, have caught investors’ attention. The sector’s prospects look bright due to a better-than-expected monsoon, signs of revival in rural consumption, and growing consumer interest in premium products. Over the last three months, the Nifty FMCG…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 10:36 AM IST Shares of Hindustan Unilever (HUL) hit a new high of Rs 2,875, gaining 1 per cent on the BSE in Monday’s intra-day trade in an otherwise weak market after the fast moving consumer goods (FMCG) giant on Friday decided…
Source: Live Mint Godrej Consumer Products Ltd’s (GCPL) investors are sitting on handsome gains with the stock rising 46% over the past year, steeper than the Nifty FMCG index’s 23% gain. The fast-moving consumer goods company is taking steps in the right direction, including continuous simplification of its business by reducing its stock-keeping units (SKUs,…
Source: Live Mint Indian stock market: On Monday, September 9, the Indian stock market benchmarks, the Sensex and the Nifty 50, posted solid gains. The Sensex closed at 81,560, marking an increase of 376 points or 0.46 percent, while the Nifty 50 ended the day at 24,936.40, up 84 points or 0.34 percent. “Nifty Index…