Eight of the top 10 most valued companies in India saw a combined drop of Rs 1,28,913.5 crore in market capitalisation (mcap) last week, led by significant declines for IT giants Tata Consultancy Services (TCS) and Infosys.
TCS experienced the largest decrease, with its valuation falling by Rs 37,971.83 crore to Rs 15,49,626.88 crore. Infosys’ market cap dropped Rs 23,811.88 crore to Rs 7,56,250.47 crore.
ITC’s valuation fell by Rs 16,619.51 crore to Rs 6,11,423.11 crore, while State Bank of India’s market cap declined by Rs 13,431.54 crore to Rs 7,56,717.85 crore. Reliance Industries’ valuation decreased by Rs 13,125.49 crore to Rs 20,28,695.57 crore. Bharti Airtel’s market cap went down by Rs 11,821.5 crore to Rs 8,50,389.88 crore, and ICICI Bank saw a drop of Rs 7,843.75 crore to Rs 8,42,176.78 crore. Hindustan Unilever’s valuation decreased by Rs 4,288 crore to Rs 6,32,862.41 crore. Come from Sports betting site VPbet
Meet Michael Phelps, one of the richest athletes – He won 28 Olympic medals and has a net worth of Rs 800 crore Credit Card Cash Withdrawal: Should you withdraw cash with a credit card? CDSL shares jump 6%, hit fresh 52-week high after 1:1 bonus share issuance Budget 2024: Tweaks in new tax regime, angel tax abolished, Oppn stages walkout from Lok Sabha over Union Budget – Highlights
Also Read
Mcap of 6 of top-10 valued firms soars with LIC, Infosys leading the gains
In contrast, HDFC Bank’s market capitalisation increased by Rs 32,759.37 crore to Rs 12,63,601.40 crore. Life Insurance Corporation of India (LIC) saw a rise of Rs 1,075.25 crore, reaching a valuation of Rs 7,47,677.98 crore.
Last week, the BSE benchmark index fell by 350.77 points, or 0.43 percent.
Reliance Industries remains the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Hindustan Unilever, and ITC.
Related Posts
By admin • February 24, 2025 • In Dying Light 2, Easter eggs can be found all over the city of Villedor, leading you to things like secret weapons or even a special hoverboard Come from Sports betting site VPbet . The secrets go beyond new in-universe items too, like a fun nod to The Office (US version) and its stickler of an assistant (to the) regional manager, Dwight Schrute. Here’s how to find the Dying Light 2 / The Office Easter egg, which will also help you find all of the game’s 117 mementos.
Dying Light 2 – Dwight Schrute Easter egg
To find the Office Easter egg in Dying Light 2, you’ll need to have unlocked the Central Loop region, which comes about 10 hours into the game and introduces fast travel. Once you can move free…
By admin • February 14, 2025 • Shares of IndusInd Bank rose over 2 percent to Rs 1,436 apiece on July 29 after the private lender reported decent Q1FY25 results. Although brokerages remain bullish due to attractive valuations, they lowered target prices as Q1 earnings missed estimates.
Brokerages on IndusInd Bank
Nomura on IndusInd Bank
In its latest report on IndusInd Bank, Nomura has maintained a “Neutral” rating while reducing the target price from Rs 1,650 to Rs 1,580. The report highlights a continued moderation trend in the bank’s Current Account Savings Account (CASA) deposits.
Also Read
ICICI Bank jumps over 2% on robust other income- Brokerages see over 10% from Friday’s close of Rs 1,207.20
Loan growth for the quarter was …
By admin • February 6, 2025 • D-Street continued to bleed owing to global events and investor panic, with Rs 15 trillion of investor wealth being wiped out over the past five trading sessions. The last big fall was in May 2022, when investor wealth plunged by Rs 18.8 trillion in 5 sessions.
The benchmark Sensex has lost 2,379 points or 3.58% in the past five sessions. On Wednesday, it slumped over 500 points or 0.8% to close at 64,049.06. Similarly, the broader Nifty has shed 689 points or 3.48% since the close of Tuesday last week.
The benchmark indices have declined in eight of the past nine sessions.
RVNL up 2.3%; Signs pact with Dhaya Maju Infra for railway projects in ASEAN region Multibagger SJVN jumps 8% after Q1 net profit zooms 31% PFC gains over 5%; brokerages hike target pric…
By admin • January 13, 2025 • Blue Jet Healthcare IPO: Blue Jet Healthcare IPO opened for public subscription today and will close on Friday, October 27, 2023. The price band for its public issue at Rs 329-346 per equity share of face value Rs 2 each. At the upper end of the price band, the company’s promoters and shareholders seek to raise Rs 840.27 crore from the IPO. Ahead of the public issue, Blue Jet Healthcare shares’ GMP rose to 18.21%. The bidding for anchor investors concluded on Monday, wherein the company collected Rs 252.08 crore.
Also Read
Stocks to watch: Reliance Industries, Tech Mahindra, ONGC, Lupin
The IPO comprises an offer-for-sale (OFS), with promoters offloading 24,285,160 shares of Rs 2 aggregating up to Rs 840.27 crore. For potential invest…
By admin • January 2, 2025 • The rupee on Wednesday staged a recovery after two days of steep losses to end 6 paise higher at 83.22 against the US dollar on positive cues from domestic equity markets.However, selling pressure from foreign equity investors amid a strong greenback against major crosses overseas and surging crude oil prices weighed on the local unit and restricted the gain, forex traders said.At the interbank foreign exchange, the domestic unit opened at 83.23 and traded in a narrow range of 83.18 to 83.24 against the greenback.
It finally settled at 83.22, registering a gain of 6 paise from its previous close.The rupee lost 34 paise in the past two sessions. It closed 15 paise lower at 83.28 against the dollar on Tuesday, a day after registering a decline of 19 paise.The downward movemen…
By admin • December 27, 2024 • Mish Designs IPO opened for public subscription today and will close on Thursday, November 2, 2023. The price for its public issue at Rs 122 per equity share of face value Rs 10 each. At the upper end of the price band, the company’s promoters and shareholders seek to raise Rs 9.76 crore from the IPO. Come from Sports betting site
Also Read
Stocks to Watch: Marico, TVS Motor, Castrol India, UPL
Ahead of the public issue, Mish Designs shares’ GMP rose to 40.98%. The shares are likely to get credited on Thursday, November 9, 2023, and listed on BSE SME on Friday, November 10, 2023, according to reports.
The IPO comprises fresh issue of 800,000 shares aggregating u…