Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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 ...
RBI approves ICICI Bank CEO Sandeep Bakhshi’s reappointment till 2028
Sandeep Bakhshi will continue as ICICI Bank's chief executive for another two years. The Reserve Bank of India has approved his reappointment. Bakhshi's term will now extend until October 3, 2028. He has been leading India's second-largest private lender since 2018. The bank recently reported strong net profits for the quarter ending March 31.
RBI Approves Sandeep Bakhshi's Reappointment As ICICI Bank MD & CEO Till October 2028
RBI clears the reappointment of Sandeep Bakhshi as ICICI Bank's MD & CEO for another two years
INR rebounds under Rs 96/$ mark tracking positive cues from local equities
The Indian rupee rose for the second consecutive session on Friday to close at 95.73 (provisional) against the US dollar on softening of crude oil prices and supposed intervention by the Reserve Bank. Markets found some comfort after comments from US Secretary of State Marco Rubio hinted that diplomatic talks linked to the Iran situation were moving in a constructive direction. Moreover, positive domestic equities and a decline in US treasury yields also supported the rupee. Indian shares ended modestly higher on Friday, giving up some early gains amid renewed optimism about U.S.-Iran talks. The NIFTY 50 and BSE Sensex settled higher, with the Sensex up 231.99 points (0.31%) to end at 75,415.35 and the NIFTY adding 64.60 points (0.27%) to close at 23,719.30.
Sensex Today | Nifty 50 | Stock Market Highlights| Closing Bell: Sensex settles 232 pts higher, Nifty above 23,700; Axis Bank, Shriram Fin jump 3% each - The Economic Times
Sensex Today | Nifty 50 | Stock Market Highlights| Closing Bell: Sensex settles 232 pts higher, Nifty above 23,700; Axis Bank, Shriram Fin jump 3% eachThe Economic Times
Quick Wrap: Nifty Private Bank Index gains 1.49%
Powered by Capital Market - Live News
Nifty May futures trade at premium
HDFC Bank, TCS an Infosys were top traded contracts
Top Gainers & losers on May 22: JSW Cement, Honasa Consumer, Tata Comm, Sammaan Capital, Trent among top gainers
On May 22, markets showed mixed results with the Nifty 50 gaining 0.40% and Sensex rising 0.36%. While Nifty Private Bank and Nifty Metal saw gains, Nifty Media and Nifty Pharma lagged. The Indian rupee strengthened to 95.9 per dollar amid RBI interventions.
Nifty trades above 23,800 level; European mkt opens higher
At 13:30 IST, the barometer index, the S&P BSE Sensex jumped 536.24 points or 0.71% to 75,714.93. The Nifty 50 index surged 158.25 points or 0.67% to 23,812.65.
RBL Bank Ltd up for third straight session
RBL Bank Ltd is quoting at Rs 334.45, up 1.73% on the day as on 12:49 IST on the NSE. The stock is up 59.3% in last one year as compared to a 4.19% drop in NIFTY and a 4.44% drop in the Nifty Private Bank index.
GE Vernova T&D India Ltd up for third consecutive session
GE Vernova T&D India Ltd is quoting at Rs 4875.2, up 1.68% on the day as on 12:49 IST on the NSE. The stock is up 158.62% in last one year as compared to a 4.19% jump in NIFTY and a 13.18% jump in the Nifty Energy index.
TVS Motor Company Ltd up for third straight session
TVS Motor Company Ltd is quoting at Rs 3431.7, up 1.51% on the day as on 12:49 IST on the NSE. The stock is up 23.42% in last one year as compared to a 4.19% slide in NIFTY and a 11.27% slide in the Nifty Auto index.