The combined market valuation of India’s top-10 most valued companies took a massive hit last week, shedding ₹4,95,061 crore as bearish sentiments gripped the equity markets. “The Indian equity market recorded its steepest weekly decline since June 2022," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, as quoted by PTI. Valuation Losses Among Major Firms TCS saw its …
Nine of the 10 most valued firms together added ₹1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer. Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services, HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list. ICICI Bank's market valuation jumped ₹32,239.66 crore to ₹6,02,749 crore and that …
Extending their record-setting streak, the Sensex rallied 663 points to close above 57,000 for the first time while the Nifty scaled the 17,000-mark on Tuesday, driven by gains in Bharti Airtel, Bajaj Finance and TCS amid positive global cues. After touching a lifetime high of 57,625.26 during the session, the 30-share BSE Sensex ended 662.63 points or 1.16% higher at …
