The combined market valuation of seven of the top 10 valued firms declined by ₹74,603.06 crore last week. Of these, HDFC Bank emerged as the biggest laggard as its valuation declined by ₹25,011 crore to ₹12,22,392.26 crore, according to a report published by the news agency PTI. ICICI Bank, HindustanRead More →
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all shareholdersRead More →
Five of the top-10 most valued domestic companies together added ₹4,23,014.4 crore in market valuation last week, with major contributions coming in from HDFC Bank, which recently completed the merger with its mortgage financier parent HDFC. Last week, the BSE benchmark jumped 623.36 points or 0.94%. The 30-share BSE indexRead More →
Bank of Baroda share price: Despite sell off in key benchmark indices, Bank of Baroda shares continued to attract buying interest by stock market bulls. Bank of Baroda share price today opened upside and went on to hit intraday high of ₹194.80 apiece on NSE, logging around 3.50 per centRead More →
Buy or sell stocks for today: Following strong global cues on cautious optimism ahead of this week’s deliberations over the US $31.4 trillion debt ceiling, Indian stock market ended higher on second day in a row. NSE Nifty gained 84 points and closed at 18,398 whereas BSE Sensex shot upRead More →
Buy or sell stocks for today: Following positive global market sentiments, Indian stock market finished higher on all five sessions last week. Both Nifty and Bank Nifty index gave inverse shoulder breakout while extending their rally for the fifth straight sessions last week. However, on the weekend session, broad marketRead More →
The private lender ICICI Bank has declared a final dividend of ₹8 per equity share of face value of ₹2 on Saturday. Apart from this, the company also announced its Q4 results for FY23 and the overall yearly performance. “The Board at the above Meeting recommended a dividend of Rs.Read More →
MUMBAI : In a year rocked by volatility, foreign portfolio investors (FPIs) piled into FMCG stocks, boosting their prices and swelling their FMCG assets under custody by over ₹2 trillion. IT stocks remained least preferred with assets under custody falling to a little over ₹1.2 trillion during the same year,Read More →
The banking sector in the March quarter has shown growth in credit will remain buoyant in the retail segment and recovery in the corporate segment, coupled with stable asset quality and credit costs. Brokerage house Motilal Oswal Securities expects systemic loan growth to remain robust in Q4FY23, with a healthyRead More →
The combined market valuation of six of the 10 most valued firms eroded by ₹49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. The 30-share BSE Sensex declined 159.18 points or 0.26% last week. Bharti Airtel, ITC, ICICI Bank, and HDFC twins were the other laggardsRead More →
