Closing market news: On the Bombay Stock Exchange (BSE), 2,345 shares closed in the green, 1,562 shares in the red, and 99 shares with no change. The reason for the rise in the market is being attributed to the greater-than-expected decline in the number of jobless claims in the US.
State Bank of India (SBI) has climbed the ranks to become India's fifth most valuable firm, overtaking Infosys in market capitalisation. With its shares rising by 1.51 per cent and hitting a 52-week high during trading, SBI's market capitalisation reached Rs 6,88,578.43 crore.
China has reported its exports and imports surged in May on growing demand as the pandemic was waning in the US and other key markets, though the pace of growth is leveling off.
Britannia Industries on Thursday said its board has approved a proposal to raise Rs 698.51 crore by issuing bonus debentures to eligible equity shareholders.
Equity benchmark Sensex surged over 250 points in opening trade on Tuesday, tracking gains in index heavyweights Infosys, Asian Paints and HDFC amid a positive trend in global markets.
The 30-share BSE Sensex sank 983.58 points or 1.98 per cent to finish at 48,782.36. The broader NSE Nifty tanked 263.80 points or 1.77 per cent to 14,631.10.
Nine of the 10 most valued companies witnessed a combined erosion of Rs 1,33,433. 64 crore from market valuation in-tandem with a weak broader market trend last week.
After falling 501 points in opening session, 30-share BSE index pared all losses to end 374.87 points or 0.79 per cent higher at 48,080.67.
SC last month ruled that no penal or compound interest would be charged on any loans, including those above Rs 2 crore, during the six-month moratorium announced by govt against Covid backdrop.
The $100 billion market-cap catapults TCS to an elite club. World over, there are only 63 other companies in this league, including the likes of Amazon and Facebook.
Mumbai: Eight of the top 10 Sensex companies added a combined Rs 40,620 crore to their market valuation in the week gone by, led by ITC and Coal India.Barring TCS and ONGC, companies, including ITC,
Mumbai, Dec 30: Led by RIL and ONGC, the combined market capitalisation (m-cap) of the 10 most valued companies in the last trading week of the year surged by Rs 22,520 crore in an overall
Mumbai, Oct 28: Dragged down by ITC and SBI, the combined market capitalisation (m-cap) of top five Sensex companies declined by Rs 23,009 crore last week.In an overall sluggish stock market, RIL, ONG, ITC, SBI
Mumbai, Oct 7: The combined market value of top eight Sensex companies rose by Rs 30,510 crore last week, led by a smart rally in SBI and RIL valuations.Barring HDFC and Infosys, other eight companies
Mumbai, Dec 21: Within a day of slipping out of the coveted league of countries with trillion-dollar-size stock markets, India today regained this status as a 510-point strong Sensex rally boosted its market capitalisation to
Mumbai, Nov 27: Nine of the top 10 companies in the 30-share BSE Sensex index lost Rs 66,415 crore in combined market capitalisation (m-cap) during the week gone by, with Reliance Industries Ltd the worst-hit.Among
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