An Overview Last week, eight of the top ten most valuable firms added a total of Rs. 2,32,800.35 crore to their market capitalisation, with RIL and TCS emerging as the largest gainers. The 30-share BSE benchmark rose 1,293.48 points, or 2.20 percent, last week. On Friday, the benchmark surpassed the 60,000 mark. RIL’s market value …
On 11 October 2021, Aditya Birla Sun Life made an unimpressive debut on the bourses. Following a tepid response to its initial public offer, the company’s shares declined by 2.25% on listing at the Bombay Stock Exchange. On the other hand, the stocks opened at Rs. 715 apiece on the National Stock Exchange, higher by …
In the last week until Monday’s morning session, the NSE’s Nifty 50 has gained over 600 points whereas BSE’s Sensex has soared over 1800 points in the same span. The rally has taken both indices to new all-time highs and pushed the market capitalisation even higher. The retail investors have been the net buyers despite …
The US stock market is one of the largest stock exchanges in the world. It is home to some of the world’s leading companies that are a part of our day to day life like Amazon, Apple, Google, Facebook and more. The US GDP is around 15% of the world’s GDP and the US stock …
A Brief Overview Of the country’s ten most valued companies, eight saw their market valuation surge by a total amounting to INR 1,60,408.24 Crores in the past week. Tata Consultancy Services and Reliance Industries Limited led the way and contributed the most during this bullish market wave. The second week of August also saw a …
India Inc reported a strong set of numbers in the June quarter, thanks to low base in the same quarter last year and localised and less strict lockdown. Select sectors like automobile and consumer durables were impacted due to the second Covid-19 wave as well as higher commodity prices, while sectors like metal report robust financial results due …
An Overview Sunil Mittal, the cellular carrier’s founder and chairman, said on Monday that the company sought to strengthen its access to growth capital and lower its debt load, a day after the company disclosed intentions to raise up to Rs. 21,000 crore through a share sale to existing shareholders. Mr Mittal stated that the …
An Overview The MSCI India index, which is used by global fund managers to judge the performance of Indian stocks priced in dollars, trades at an 80 percent premium to the MSCI EM index, which reflects emerging market (EM) equities, according to Bloomberg statistics. It is substantially greater than the 44 percent long-term average premium. …
An Overview Last week, five of the ten most valuable companies increased their overall market value by Rs. 62,508.32 crore, with RIL emerging as the highest gainer. Other gainers included HUL and SBI, while losers included TCS, Infosys and ICICI Bank.. RIL’ market capitalization increased by Rs. 23,582.73 crore to Rs. 15,37,600.23 crore at the …
An Overview SEBI full-time member, G Mahalingam said on Monday that investors should exercise extreme caution when investing in the stock market and should not be swayed by stories of others’ unrealistic success. He went on to say that an investor should invest based on his or her personal risk tolerance and devote time to …
