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Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...
Mcap of 6 most valued firms surges by ₹74,111 cr, Reliance biggest winner
The combined market valuation of 6 of the top-10 most valued firms surged by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark climbed 177.36 points, or 0.23 per cent. "Markets ended the week with marginal gains amid a highly volatile and range-bound trading environment. Benchmark indices witnessed sharp intraday swings throughout the week, driven by persistent rupee weakness, mixed global cues, sectoral rotation, and continued uncertainty around inflation and interest rates," Ajit Mishra SVP, Research, Religare Broking Ltd, said. From the top-10 pack, Reliance Industries, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, Bharti Airtel, State Bank of India and Hindustan Unilever faced erosion from their valuation. Reliance Industries added Rs 24,696.89 crore, taking its market valuation to Rs 18,33,117.70 ...
Q-comm sales for FMCG giants double this year
Quick commerce now represents 6% of FMCG sales, doubling from FY25, with Dabur and Britannia leading at 9% of total sales. This channel drives a significant majority of online sales for these companies, accounting for 75% and 70% respectively. Growth is linked to premium brands and impulse purchases, though Hindustan Unilever sees demand for daily essentials.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
Mcap of 4 most valued firms erodes by ₹1 trn, SBI biggest laggard
The combined market valuation of four of the top-10 most valued firms eroded by Rs 1 lakh crore last week, with State Bank of India taking the biggest hit, amid a range-bound trend in equities. Last week, the BSE benchmark Sensex climbed 414.69 points or 0.53 per cent, and the NSE Nifty went up by 178.6 points or 0.74 per cent. "Indian equity markets witnessed a volatile and range-bound week, with sentiment remaining cautious despite intermittent recovery attempts. Early optimism driven by hopes of de-escalation in the Middle East and easing oil prices faded quickly as renewed tensions between the US and Iran resurfaced," Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. While Bharti Airtel, State Bank of India, Tata Consultancy Services (TCS) and Larsen & Toubro faced erosion from their valuation, Reliance Industries, HDFC Bank, ICICI Bank, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers from the pack. ...
Mcap of 4 most valued firms surges by ₹2.20 trn, Reliance biggest winner
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 249.29 points or 0.32 per cent. "Markets ended the week with marginal gains, reflecting a volatile and range-bound trading environment amid mixed global and domestic cues," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said. However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added. While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS) and Bajaj Finance were the gainers from the pack, HDFC Bank, State Bank of India, ICICI Bank, Larsen & Toubro, Hindustan Unilever and
Q4 Results LIVE Updates: Sundram Fasteners profit up 30%; ESAF SFB NII grows 20%
Q4 Results LIVE Updates: Today is the busiest day in terms of quarterly results this week. The big earnings reaction of the day comes from Bajaj Finance where brokerages have raised their targets and even upgraded the stock, along with Waaree Energies, who also issued its guidance for FY27. The biggest result of the day comes from Hindustan Unilever (HUL), followed by Adani twins on the Nifty (Ports & Enterprises), Bajaj Finserv, ACC, Laurus Labs, Dr. Lal Pathlabs, RailTel, Newgen Software and others. Follow for all the Live updates.
Hindustan Unilever to focus on regaining market share: Global CEO Fernando Fernandez
Unilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative journey to innovate the company’s offerings. Recognizing the challenges posed by rivals, the company is committed to regaining its competitive edge in India.
Stocks to Watch Today: Hindustan Unilever, Ramky Infrastructure, BSE, Gujarat Gas, Sundram Fasteners, Omnitech Engineering in focus on 5 March
Stocks to Watch, 5 March: Stocks like Hindustan Unilever, Ramky Infrastructure, Cyient, Protean eGov Technologies, BSE, Polycab India, Great Eastern Shipping Company, Gujarat Gas, and Omnitech Engineering will be in focus on March 5.