During the truncated holiday week, the collective market worth of seven out of the top 10 esteemed companies surged by ₹67,259.99 crore, with Reliance Industries emerging as the primary beneficiary amid a general bullish sentiment in the stock market. The BSE index experienced an ascent of 819.41 points or 1.12Read More →
In an unprecedented rally, the BSE benchmark climbed by 374.04 points or 0.50% last week, setting new records. Markets remained closed on Friday for Mahashivratri festivities. Also read: Week Ahead: Inflation data, FII activity, global cues among key market triggers as Nifty 50 eyes 22,800 this week The 30-share BSERead More →
Mumbai: The stock market’s engines may have more steam left despite Nifty’s new peak fuelling valuation jitters, analysts said. This is because even as valuations exceed the historic average, earnings of Nifty companies have raced ahead as well. On Monday, bulls kept up the momentum amid thin volumes to driveRead More →
Leading the pack in this downturn was the state-owned giant, Life Insurance Corporation of India (LIC). Among the top 10, LIC, Tata Consultancy Services (TCS), ITC, Hindustan Unilever, Bharti Airtel, and Reliance Industries collectively experienced this erosion in market value. Conversely, State Bank of India, Infosys, HDFC Bank, and ICICIRead More →
Among the top-10 entities, Reliance Industries, Tata Consultancy Services (TCS), LIC, and SBI experienced gains, collectively adding ₹2,18,598.29 crore to their market capitalization. Conversely, HDFC Bank, ICICI Bank, Infosys, Bharti Airtel, Hindustan Unilever, and ITC faced a combined erosion in their valuation amounting to ₹1,06,631.39 crore. The BSE benchmark witnessedRead More →
Life Insurance Corporation of India (LIC) share price gained more than 5% to touch fresh 52-week highs in morning trades on Friday post Q3 results. The company had reported its financial performance in Thursday after the market hours. Life Insurance Corporation of India (LIC) had reported a strong 49% year-on-yearRead More →
In the holiday shortened week, the BSE benchmark saw a decline of 982.56 points, equivalent to 1.37 percent. Also read: IPOs next week: Six new issues, 10 listings to keep primary market busy Among the top-10 companies by market value, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Life InsuranceRead More →
The largest insurance business in India, LIC, has received approval from the Reserve Bank of India (RBI) to purchase up to a 9.99% share in the country’s largest private sector bank. In its exchange statement, HDFC Bank stated that the permission was given with regard to the application that LICRead More →
Last week witnessed a positive trend in the market, with the BSE benchmark surging 542.3 points or 0.75 percent. Five out of the top 10 most-valued firms collectively gained ₹1,99,111.06 crore in market valuation, buoyed by bullish sentiments. Reliance Industries (RIL) retained its position as the most-valued firm, followed byRead More →
Life Insurance Corporation (LIC) can now achieve a minimum public shareholding (MPS) of 25 per cent by May 2032 as the government has granted a one-time exemption to the life insurance major in this regard. LIC said in a regulatory filing to the stock exchanges on Thursday, December 21 thatRead More →
