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Source: Live Mint ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement to demerge its hotel business, set to take effect on January 1, 2025. The decision, made public on December 17, 2024, has stirred the market, especially after receiving strong shareholder support earlier this year. As ITC prepares for this major…
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 Share prices of cigarette makers ITC, Godfrey Phillips and VST Industries along with Varun Beverages declined on Tuesday after reports suggested that the tax slab on ‘sin goods’ is likely to be hiked. Varun Beverages share price plunged as much as 5.18%, ITC stock price declined 3%, Godfrey Phillips India shares declined…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Business Standard 2 min read Last Updated : Oct 07 2024 | 2:22 PM IST ITC shares zoom: Shares of FMCG major ITC advanced 2.26 per cent to Rs 514.95 on the NSE, amidst otherwise weak markets on Monday. The northward march in ITC’s stock price followed the company’s announcement that the National…
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: Business Standard Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows | (Photo: Shutterstock) 2 min read Last Updated : Oct 06 2024 | 10:07 AM IST Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last…
Source: Live Mint As many as 287 stocks, including ITC, Mahindra and Mahindra (M&M), NTPC, Bajaj Finserv, Bajaj Auto, JSW Steel, Nestle, Sun Pharma and UltraTech Cement, hit their fresh one-year highs in intraday trade on BSE on Friday, September 27, even as Indian stock market benchmarks, the Sensex and the Nifty 50, ended in…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%,…
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…
