New Delhi, May 28 (IANS) India’s portfolio management services (PMS) industry expanded to Rs 42.2 lakh crore in April 2026, up 2.1 per cent month-on month, indicating healthy investor participation entering FY27, a report said on Thursday.The report from Association of Portfolio Managers in India (APMI) said the client base stood at approximately 2.12 lakh accounts, with a 1.7 per cent adjustment during the month.A net inflow of Rs 25,088 crore was recorded in April, compared to a net outflow …
Latest BSE Sensex News & Updates
New Delhi, May 15 (IANS) The Indian rupee breached the 96-mark against the US dollar on Friday amid persistent global pressures, rising crude oil prices, and continued geopolitical tensions linked to the Iran conflict.Earlier in the day, the domestic currency opened at 95.86 in the interbank foreign exchange market and slipped to 95.94 during early trade, after touching an all-time low of 95.96 in the previous session.Pressure on the rupee also intensified after oil marketing companies (OMCs) in…
New Delhi, May 13 (IANS) Indian equities are set for a strong year ahead due to acceleration in earnings growth and reflationary policies of the RBI, along with policy moves such as rate cuts, bank deregulation and liquidity infusion, a report said on Wednesday.The report from Morgan Stanley said strong capital expenditure in energy, defence, semiconductors, fertilisers and data centres along with large tax cuts are other factors likely to drive an earnings upswing.The investment bank forecasted…
Mumbai, March 22 (IANS) HDFC Bank emerged as the biggest loser among India’s most-valued companies last week, with its market valuation plunging by over Rs 56,000 crore, even as the broader stock market remained largely flat with a negative bias.India’s equity markets witnessed a cautious week, with five of the top-10 most-valued companies together losing over Rs 1 lakh crore in market capitalisation.The decline was led by HDFC Bank, whose valuation dropped sharply by Rs 56,124.48 crore to R…
Mumbai, March 8 (IANS) The market valuation of Larsen & Toubro declined sharply by Rs 45,629.03 crore this week, taking its total market capitalisation to Rs 5,43,208.36 crore, as a broad sell-off in equities weighed on India’s most valuable companies.Overall, eight of the top-10 most valued firms together lost Rs 2,81,581.53 crore in market valuation during the week.The losses came in line with a weak trend in the stock market, where the benchmark BSE Sensex dropped 2,368.29 points, or 2….
Mumbai, Feb 22 (IANS) The combined market valuation of six of India’s top-10 most valued companies rose by Rs 63,478.46 crore last week, with Larsen & Toubro and State Bank of India emerging as the biggest gainers.The broader market also ended the week on a positive note, as the 30-share BSE Sensex advanced 187.95 points, or 0.22 per cent.Among the gainers, Larsen & Toubro saw its market capitalisation jump by Rs 28,523.31 crore to Rs 6,02,552.24 crore.State Bank of India added Rs 16,0…
New Delhi, Jan 7 (IANS) India’s equity market narrative in 2026 is expected to move away from broad-based rallies and shift towards selective, fundamentals-driven opportunities, as investors grapple with elevated valuations and uneven global growth, a new report said on Wednesday.While strong domestic macro conditions and a gradual earnings recovery remain supportive, the data compiled by Client Associates said disciplined stock selection will be key in navigating the year ahead.The asset mana…
New Delhi, Jan 7 (IANS) India’s equity markets could provide robust returns in near future due to impressive valuations, trailing performance, macro stability and the growth cycle, a report said on Wednesday.The report from MS Research predicted a 13 per cent upside for BSE Sensex to touch 95,000 by December 2026 citing a 50 per cent probability.The firm assumed continued fiscal consolidation, higher private investment and a positive gap between real growth and real rates to provide this base …