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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
ICICI Bank shares rise after Q4 results; Five factors why analysts are bullish
The management of ICICI Bank affirmed no concerns in its loan portfolio, particularly in business banking, due to the ongoing supply chain disruptions from the West Asia conflict, which JPMorgan believes is "comforting."
Game of cards: Top banking players opt for tight gambit, rivals up the ante
Since the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No card has been spared, be it the ICICI Emeralde Private Metal (removal of some vouchers for accelerated rewards), American Express Platinum Travel (higher spend milestones for bonus rewards), or Axis Bank (removal of three popular transfer partners without advance notice). HDFC Bank, too, has asked its Infinia customers to clock in annual spends of at least Rs 18 lakh or maintain a total relationship value of at least Rs 50 lakh to retain the by-invite-only metal.
Stocks in news: HDFC Bank, NTPC, Adani Ports, ICICI Bank, SBI, Nestle India
Indian markets experienced a significant downturn on Thursday. This sell-off erased recent gains, driven by global concerns and geopolitical issues. Several major companies like HDFC Bank, ICICI Bank, and NTPC are in focus today due to specific news. Investors are watching these developments closely as the market navigates current challenges.
Stocks To Watch Today: Infosys, ICICI Bank, TVS Motor, Tata Communications, Delhivery
Stocks In News On Thursday.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Apple in talks with ICICI Bank, HDFC Bank and Axis Bank to start payment service in India: Report
Apple Inc. is in discussions with key Indian banks and global card networks in preparation to start Apple Pay in the world’s most populous country.
Apple in talks with ICICI, HDFC & Axis Bank to start payment service in India
Apple is in talks with ICICI Bank, HDFC Bank and Axis Bank, along with Visa and Mastercard, to launch Apple Pay in India around mid-2026, though the timeline is not final. The service is expected to support UPI as well as card payments, entering a market dominated by Google Pay, PhonePe, Amazon Pay and Paytm.
Taking Stock: Nifty ends above 24,200, Sensex up 1,264 points; all sectors rally
Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank.
Taking Stock: Nifty ends near 23,150 in volatile trade; pharma, private banks rally
ICICI Bank, Kotak Mahindra Bank, Grasim, M&M, JSW Steel were among top gainers on the Nifty, while losers were Infosys, HCL Tech, Adani Ports, Trent, Eternal.
Closing Bell: Nifty crosses 24,200, Sensex surges 1,264 pts on renewed hopes of US-Iran peace talks
Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank. All the sectoral indices ended in the green with Capital Goods, Oil & Gas, Power, Infra, Media, Realty, Consumer Durables, IT rise 2% each. Nifty Midcap and Smallcap indices up more than 2 percent each.