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Mcap of 7 top valued firms erodes by ₹1.54 trn, Reliance takes biggest hit
The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit. In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent. From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever faced erosion in their valuations, while State Bank of India, Larsen & Toubro and Life Insurance Corporation of India (LIC) were the gainers. The market valuation of Reliance Industries dropped by Rs 46,078.3 crore to Rs 17,87,039.40 crore. HDFC Bank's valuation eroded by Rs 33,333.06 crore to Rs 11,46,641.84 crore. The valuation of Bharti Airtel tumbled Rs 25,408.96 crore to Rs 11,14,886.53 crore and that of TCS dived Rs 22,920.58 crore to Rs 8,15,480.75 crore. The market capitalisation (mcap) of Hindustan Unilever ...
Micron is one of the most overbought stocks after this week’s rally to new highs
Stocks ended the week higher, boosted by gains in the technology sector and optimism over a ceasefire extension in the West Asia, and all three major market averages scored new intraday and closing records on Friday.
Sensex, Nifty outlook for Monday, June 1: What to expect from stock market? Key levels, strategy - MSN
Sensex, Nifty outlook for Monday, June 1: What to expect from stock market? Key levels, strategyMSN
Stock Market Outlook: Nifty Awaits Breakout Above 23,800- Key Things Investors Should Watch - The Sunday Guardian
Stock Market Outlook: Nifty Awaits Breakout Above 23,800- Key Things Investors Should WatchThe Sunday Guardian
F&O Talk: Nifty may stay range-bound; Sudeep Shah sees opportunities in banks, IT, picks 7 stocks
Indian stock markets experienced a sharp selloff on Friday, with Sensex and Nifty dropping over 1%, driven by passive fund flows from MSCI index reshuffles. Volatility surged as the market lost Rs 6 lakh crore in capitalization. Analysts suggest caution amid indecisiveness and a lack of strong directional momentum.
Bond market at a turning point! Axis Mutual Fund says bond investors should buy, not panic
Axis MF cautions that aggressive rate hikes won't address INR depreciation and may harm India's growth. They recommend a neutral-to-slightly long duration stance over three months, adjusting based on RBI policy and crude prices, while advising gradual exposure to fixed-income assets.
FIIs pull out massive Rs 20,637 crore in single day on Friday. What led to this sharp exit?
Foreign portfolio investors offloaded Indian equities worth a net Rs 20,637 crore on Friday, marking one of the sharpest single-day selloffs. This significant outflow coincided with the MSCI index rebalancing, leading to heightened trading volumes and prompting questions about the role of high-frequency trading in amplifying market movements.
Stock Market Crash: What Is MSCI Rebalancing And Why Did It Trigger A Rs 5.7 Lakh Crore Sell-Off?
During Friday's session, the Nifty swung from a gain of 0.4% to a loss of as much as 1.8%, touching an intraday low of 23,484.75.
Groww Nifty Private Bank Share Price | NSE:GOWF ETF - Investing.com India
Groww Nifty Private Bank Share Price | NSE:GOWF ETFInvesting.com India
NITI Aayog Sees Up To $180 Billion Investment Need For India's Chip Push, Wants Govt To Fund One-Third
India needs $135-180 billion to build a global semiconductor ecosystem, says NITI Aayog.
Sensex, Nifty tumble as ₹5 lakh crore market value erased - MSN
Sensex, Nifty tumble as ₹5 lakh crore market value erasedMSN
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by various institutional investors, including Goldman Sachs and Tata Mutual Fund, following the company's recent performance.