Mumbai, July 26 (IANS) The combined market valuation of nine of India’s 10 most-valued listed companies declined by Rs 2.74 lakh crore last week as a sharp sell-off in domestic equities weighed on heavyweight stocks, with HDFC Bank emerging as the biggest laggard.The decline in market capitalisation came in line with a weak broader market, as the Sensex plunged 2,091.68 points, or 2.67 per cent, during the week, while the Nifty dropped 566.85 points, or 2.32 per cent.Among the country’s top-10 m…
Latest Bajaj Finance News & Updates
Mumbai, July 24 (IANS) Indian equity benchmarks extended their losing streak to a fifth consecutive session on Friday, marking their longest stretch of declines since the first week of January, as investors remained cautious amid concerns over the inflation and growth outlook in the backdrop of elevated crude oil prices.The Sensex declined 332 points, or 0.43 per cent, to close at 76,059.77, while the Nifty fell 102.15 points, or 0.43 per cent, to settle at 23,767.45.Commenting on Nifty technica…
Mumbai, July 23 (IANS) Indian equity benchmark indices extended their losing streak for a fourth consecutive session on Thursday as rising crude oil prices, triggered by fresh escalation in tensions between the United States and Iran, weighed on investor sentiment.The Sensex declined 364 points, or 0.47 per cent, to close at 76,391.39, while the Nifty fell 127 points, or 0.53 per cent, to settle at 23,869.60.Commenting on Nifty technical outlook, experts said that the 24,000 mark, which previous…
Mumbai, July 19 (IANS) The combined market valuation of five of India’s 10 most-valued companies surged by Rs 1.54 lakh crore last week with IT major Tata Consultancy Services (TCS) emerging as the biggest wealth creator amid a positive trend in domestic equities.The broader market remained upbeat during the week, with the Sensex gaining 582.06 points, or 0.75 per cent, while the Nifty advanced 127.4 points, or 0.52 per cent.Among the top-10 firms by market capitalisation, Reliance Industries, I…
Mumbai, July 14 (IANS) Domestic equity benchmark indices opened lower on Tuesday, tracking weak global markets after a sharp rebound in crude oil prices to the $85-a-barrel mark amid escalating tensions in the Middle East.Sensex opened 344.06 points or 0.44 per cent lower at 77,272.34, while Nifty fell over 100 points or 0.59 per cent to 24,068.00 at the opening bell.Among the sectoral indices, financial and auto stocks led the decline.Nifty Financial Services Ex-Bank slipped 1.12 per cent, foll…
Mumbai, July 13 (IANS) Indian equity markets opened lower on Monday as crude oil prices rebounded to near the $80-per-barrel mark amid renewed geopolitical tensions.Sensex began the session at 76,963.35, down over 600 points or 0.78 per cent, while Nifty started at 24,039.40, declining 167.50 points or 0.69 per cent.Sector-wise, most indices traded in the red, led by Nifty Auto and Nifty Metal, which fell up to 1 per cent. Nifty Consumer Durables, Nifty PSU Bank and Nifty Private Bank also witne…
Mumbai, July 12 (IANS) The combined market valuation of four of India’s 10 most-valued companies increased by Rs 92,995.48 crore during the last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, even as the broader equity market ended lower.During the week, the Sensex declined 194.52 points, or 0.25 per cent, while the Nifty slipped 63.95 points, or 0.26 per cent.Among the country’s 10 most-valued companies, Reliance Industries, HDFC Bank, Bharti Airtel, and Life Insurance …
Mumbai, July 8 (IANS) Domestic equity markets opened lower on Wednesday, tracking weak global cues amid renewed geopolitical tensions in the Middle East.Sensex opened 364.27 points or 0.46 per cent lower at 77,816.45, while Nifty slipped 139.15 points or 0.57 per cent to 24,259.55.Among sectoral indices, Nifty Oil & Gas led the losses, declining more than 1 per cent.Nifty Media, Nifty PSU Bank, Nifty Realty, Nifty Cement, Nifty Metal, Nifty Auto and Nifty FMCG also declined by up to almost 1…
Mumbai, July 5 (IANS) The combined market valuation of six of India’s 10 most-valued companies rose by more than Rs 1 lakh crore last week, led by a sharp gain in Bharti Airtel, as benchmark equity indices extended their winning streak amid sustained investor optimism.The rally came as the Sensex advanced 663.44 points, or 0.86 per cent, during the week, while the Nifty gained 214.85 points, or 0.89 per cent.Among the top gainers, Bharti Airtel recorded the biggest increase in market valuation, …
Mumbai, July 2 (IANS) Indian equities traded higher in the morning session on Thursday, supported by easing crude oil prices, strong auto sales data and optimism over first-quarter earnings.Sensex surged as much as 0.38 per cent or about 300 points to hit an intraday high of 77,218.78 in early trade. Nifty climbed 0.35 per cent or 86 points to 24,092.05.Sectorally, IT emerged as top gainer, with Nifty IT index jumping over 3 per cent, followed by Nifty MidSmall IT & Telecom, Nifty Consumer D…