Seven of top-10 firms lose Rs 1.34 trillion in market capitalisation; RIL biggest laggard
NEW DELHI: The combined market valuation of seven of the 10 most valued firms eroded by Rs 1,34,139.14 crore last week, with Reliance Industries taking the biggest hit. Last week, the Sensex lost 741.87 points or 1.26 per cent amid an overall weak trend in equities. Barring Hindustan Unilever Limited (HUL), Bajaj Finance and ITC, […]
Investors’ wealth tumble over Rs 4.48 lakh crore as markets plummet
NEW DELHI: Investors’ wealth tumbled Rs 4.48 lakh crore during day trade on Friday with the BSE benchmark plummeting 1,488 points tracking weak global trends. The 30-share benchmark index tumbled 1,488.01 points during the day to 57,307.08. The market capitalization of BSE-listed tanked Rs 4,48,223.31 crore to Rs 2,61,18,730.57 crore during the day. “Equity markets […]
Sensex snaps 4-day losing run on earnings optimism
MUMBAI: Equity indices returned to winning ways on Monday after a four-session losing streak as investors piled into energy, finance and IT stocks ahead of the earnings season. Markets shrugged off lacklustre global cues and a depreciating rupee as investors wagered on healthy corporate earnings amid resumption of economic activities, traders said. The 30-share BSE […]
Sensex rises 134 points; Nifty tops 15,850
AMARAVATI: Equity benchmark Sensex jumped 134 points on Wednesday, tracking gains mainly in IT stocks, despite weak global cues. The 30-share BSE index ended 134.32 points or 0.25 per cent higher at 52,904.05, while the broader NSE Nifty advanced 41.60 points or 0.26 per cent to 15,853.95. Tech Mahindra was the top gainer in the […]
Investors’ wealth soars Rs 25.46 trillion so far in FY22 over upbeat sentiment
NEW DELHI: Equity investors have grown richer by a whopping Rs 25,46,954.71 crore in the first three months of the current fiscal, driven by upbeat market sentiment. The 30-share BSE Sensex has zoomed 2,973.56 points or 6 per cent so far this fiscal. The BSE benchmark index reached its all-time high of 53,126.73 on June […]
Nine of top-10 firms gain Rs 2.41 trillion in market capitalization; HDFC Bank, RIL lead chart
NEW DELHI: Nine of the 10 most valued companies together added Rs 2,41,177.27 crore in market valuation last week, in line with a strong broader market, with HDFC Bank and Reliance Industries topping the list. During the last trading week, the 30-share BSE benchmark Sensex jumped 1,807.93 points or 3.70 per cent. From the top-10 […]
Sensex recaptures 50,000-level; Nifty above 15,000
NEW DELHI: Equity benchmark Sensex rallied 613 points to settle above the 50,000-mark on Tuesday, driven by gains in index-heavyweights HDFC Bank, Reliance Industries and Bajaj Finance amid a positive trend in global markets. At the closing bell, the 30-share BSE index was quoted 612.60 points or 1.24 per cent higher at 50,193.33. Similarly, the […]
Sensex, Nifty end marginally higher
MUMBAI: Equity benchmarks Sensex and Nifty ended marginally higher after a volatile session on Friday amid positive cues from global markets. The 30-share BSE Sensex ended 28.35 points or 0.06 per cent higher at 48,832.03. Similarly, the broader NSE Nifty rose 36.40 points or 0.25 per cent to 14,617.85. Asian Paints was the top gainer […]
Sensex sheds 155 points; Nifty slips below 14,850
MUMBAI: Equity benchmark Sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets. The 30-share BSE index ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to […]
Sensex tumbles 871 points; Nifty tanks below 14,650
NEW DELHI: Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery. After plunging over 1,400 points earlier in the day, the 30-share BSE index pared some losses to finish at 49,159.32, down 870.51 points or 1.74 per […]
Sensex tanks 627 points; Nifty ends below 14,700
MUMBAI: Equity benchmark Sensex tanked 627 points on Wednesday, dragged by losses in index majors HDFC twins, Reliance Industries, and Infosys amid a negative trend in global markets. The 30-share BSE index ended 627.43 points or 1.25 per cent lower at 49,509.15, and the broader NSE Nifty slumped 154.40 points or 1.04 per cent to […]
Seven of top 10 companies lose over Rs 1 trillion in market capitalisation
NEW DELHI: Seven of the 10 most valued domestic companies witnessed a combined erosion of Rs 1,07,566.64 crore from their market valuation last week, with Reliance Industries accounting for around half of the losses. Last week, the 30-share BSE benchmark Sensex declined 849.74 points or 1.70 per cent. Only Tata Consultancy Services (TCS), Hindustan Unilever […]
Sensex rallies 568 points; Nifty reclaims 14,500 level
NEW DELHI: Equity benchmark Sensex rallied 568 points and Nifty reclaimed the 14,500 mark on Friday, tracking gains in index majors HDFC twins, HUL and ICICI Bank amid a positive trend in global markets. The 30-share BSE index ended 568.38 points or 1.17 per cent higher at 49,008.50. The broader NSE Nifty surged 182.40 points […]
Sensex tanks 562 points; Nifty cracks below 14,800
NEW DELHI: Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or […]
Sensex tanks 487 points; Nifty slips below 15,100
NEW DELHI: Snapping its three-session rising streak, equity benchmark Sensex tumbled 487 points on Friday, tracking losses in financial and auto stocks. After gyrating 1,283 points during the day, the 30-share BSE index ended 487.43 points or 0.95 per cent lower at 50,792.08. The broader NSE Nifty tanked 143.85 points or 0.95 per cent to […]
Sensex sheds 379 points; Nifty ends below 15,200
NEW DELHI: Equity benchmark Sensex tumbled 379 points on Thursday, tracking losses in index heavyweights HDFC twins, ICICI Bank and Reliance Industries amid a weak trend in global markets. The 30-share BSE index ended 379.14 points or 0.73 per cent lower at 51,324.69. Similarly, the broader NSE Nifty dropped 89.95 points or 0.59 per cent […]