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ICICI Bank pips Reliance Industries to become second-largest weighted stock in Nifty 50 despite smaller market cap - Mint
ICICI Bank pips Reliance Industries to become second-largest weighted stock in Nifty 50 despite smaller market capMint
Adani Energy Solutions Ltd rises for third straight session
Adani Energy Solutions Ltd is quoting at Rs 1607.9, up 1.83% on the day as on 12:49 IST on the NSE. The stock is up 78.38% in last one year as compared to a 7.4% slide in NIFTY and a 10.49% slide in the Nifty Energy index.
Stocks in news: Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First Bank
Volatile trade likely as weak global cues keep sentiment cautious; analysts favour a sell-on-rise strategy until Nifty reclaims 23,700. Stocks in focus today include Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, and IDFC First Bank amid company-specific developments.
7 most valued firms' mcap eroded ₹1.25 trn last week, RIL took biggest hit
The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.25 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark Sensex declined 532.4 points, or 0.71 per cent, and the NSE Nifty dipped 181.05 points, or 0.76 per cent. "Persistent FII selling remained the key drag on market sentiment despite supportive developments such as cooling crude oil prices and a recovery in the rupee against the US dollar. Concerns regarding the pace of monsoon advancement also weighed on investor confidence," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. From the top-10 pack, Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation, while HDFC Bank, ICICI Bank, and State Bank of India were the gainers. The market valuation of ...
Nifty June futures trade at premium
HDFC Bank (India), State Bank of India and Reliance Industries were top traded contracts.
Top Gainers & Losers on June 5: Adani Green, Ather Energy, OLA, CarTrade Tech, YES Bank among top gainers
In terms of weekly performance, the Nifty 50 lost 0.8% of its value, extending its losing streak to a second straight week, while the Sensex also closed lower for the second consecutive week.
Indraprastha Gas Ltd rises for third straight session
Indraprastha Gas Ltd is quoting at Rs 164.91, up 1.76% on the day as on 12:49 IST on the NSE. The stock is down 21.7% in last one year as compared to a 6.52% jump in NIFTY and a 12.34% jump in the Nifty Energy index.
INR regains momentum with all eyes on RBI monetary policy
The Indian rupee is regaining some momentum in opening trades on Friday as the global crude oil prices eased and market participants keenly awaited the RBI's MPC decision today. Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. INR opened at Rs 95.72 per dollar and hit a high of 95.63 so far during the day. Yesterday, rupee depreciated 7 paise to close at 95.83 against the US dollar. Local markets opened in the green with investors closely watching the Reserve Bank of India (RBI) monetary policy announcement scheduled for today. The Indian benchmark indices are trading higher today, with the NIFTY 50 hovering around 23,442.30 (+0.11%) and the S&P BSE SENSEX trading at 74,556.68 (+0.26%).
ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
Rajesh Exports, Tata Motors PV, Auro Pharma, ICICI Bank and more: Stocks to Watch for June 5
Rajesh Exports defends disclosures after SEBI concerns, Tata Motors targets over 20% PV share by 2030, ICICI Bank gets SEBI warning, Aurobindo wins US FDA nod, CG Power starts new EHV unit. Here are few stocks to track ahead of Friday's trading session.
INR settles lower as prolonged West Asia crisis poses a major risk for India; RBI eyed
The Indian rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. The prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India's MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5. Indian equity benchmarks ended flat but resilient today, recovering from early intraday losses. The NSE Nifty 50 closed marginally higher by 10.95 points (0.05%) at 23,416.55, while the BSE Sensex inched up 13.84 points (0.02%) to finish at 74,360.01. The primary catalysts for the market recovery were breaking news of potential tax concessions for foreign institutional investors (FIIs) and tentative signs of ..
Tata Power Company Ltd down for fifth straight session
Tata Power Company Ltd is quoting at Rs 411, down 0.18% on the day as on 13:19 IST on the NSE. The stock jumped 4.43% in last one year as compared to a 5.65% slide in NIFTY and a 12.98% spurt in the Nifty Energy index.