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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 In the holiday-shortened week, nine out of the ten most valued companies collectively lost ₹2,94,170.16 crore in market capitalization, with Tata Consultancy Services (TCS) suffering the steepest decline amid a broader downturn in domestic equity markets. During the same week, the BSE Sensex dropped by 2,050.23 points (2.64%), and the NSE Nifty…
Source: Live Mint Fast-moving consumer goods (FMCG) giant ITC Limited is set to acquire Aditya Birla-owned paper-producing firm Pulp & Paper Undertaking for a sum of ₹3,498 crore to strengthen its speciality paper and paperboard business, according to an exchange filing on Monday, March 31. “The acquisition will strengthen the market standing of ITC’s Paperboards…
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 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 Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC, IRFC State-owned enterprises Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) were awarded ‘Navratna’ status by the Government of India on Monday, March 3. RBL Bank GST authorities conducted searches at three…
Source: Live Mint Stocks to buy for the long term: The Indian stock market remained on a downward trajectory for the fifth consecutive month in February, with benchmarks—the Sensex and the Nifty 50—ending the month with losses of nearly 6 per cent each. Sensex is now down 12,780 points, or about 15 per cent, from…
Source: Live Mint The combined market valuation of eight of the top-10 most valued firms eroded ₹1,65,784.9 crore last week, with Tata Consultancy Services (TCS) taking the biggest hit, in line with bearish trends in equities. Last week, the BSE benchmark declined 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points,…
Source: Live Mint Stock Market Today: ITC, Godfrey Phillips India share prices decline up to 3% in the morning trades on Thursday on GST hike concerns. The news reports suggest that government may be considering GST hike on cigarettes and other tobacco products Read Full Article
