Mumbai, May 31 (IANS) The combined market valuation of seven of India’s 10 most-valued companies declined by Rs 1.54 trillion during the holiday-shortened trading week.During the week, the Sensex fell 639.61 points, or 0.84 per cent, while the Nifty slipped 171.55 points, or 0.72 per cent, as investors remained cautious amid market volatility.Commenting on Nifty technical outlook, experts said that on the upside, immediate resistance levels are placed at 23,900 and 24,100. On the downside, suppo…
Latest Life Insurance Corporation of India News & Updates
Mumbai, May 24 (IANS) The combined market valuation of six of the country’s top-10 most valued companies increased by Rs 74,111.57 crore last week, led by gains in ICICI Bank, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC), Bajaj Finance and Larsen & Toubro amid a positive trend in equities.During the week, the BSE benchmark index rose by 177.36 points, or 0.23 per cent.Among the top-10 valued firms, ICICI Bank, TCS, Bajaj Finance, Larsen & Toubro and LIC em…
Mumbai, May 24 (IANS) State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making company in India’s financial sector during the January-March quarter of FY26, reporting a net profit of over Rs 23,400 crore.The insurance giant also retained its top position among Central Public Sector Enterprises (CPSEs) in terms of quarterly profit during the fourth quarter of FY26.LIC last week reported a 23 per cent rise in consolidated net profit to Rs 23,420 crore for th…
Mumbai, May 18 (IANS) Government-owned Life Insurance Corporation of India on Monday received approval from its shareholders for the allotment of fully paid-up bonus equity shares worth Rs 6,352 crore.The shares, which carry a face value of Rs 10, are being issued in a 1:1 ratio, effectively doubling its paid-up share capital. Under this structure, shareholders receive one new bonus equity share for every one existing share held. This is the first-ever bonus issue announced by the LIC.The compan…
Mumbai, May 17 (IANS) The combined market valuation of nine of the country’s top-10 most valued companies declined by Rs 3.12 lakh crore last week amid a sharp sell-off in domestic equities triggered by rising geopolitical tensions, weakness in the rupee, and surging crude oil prices.The broader market sentiment remained under pressure as the 30-share Sensex plunged 2,090.2 points, or 2.7 per cent, during the week, while the Nifty dropped 532.65 points, or 2.2 per cent.Among the top-10 valued …
Mumbai, May 10 (IANS) Amid a range-bound trend in equities, the combined market valuation of four of the top-10 most valued firms eroded by more than Rs 1 lakh crore last week, with State Bank of India emerging as the biggest laggard.During the week, the benchmark Sensex gained 414.69 points or 0.53 per cent, while the Nifty advanced 178.6 points or 0.74 per cent.Among the top-10 valued companies, Bharti Airtel, State Bank of India (SBI), Tata Consultancy Services (TCS) and Larsen & Toubro (…
Mumbai, May 3 (IANS) The combined market valuation of four of India’s top-10 most valued companies surged by Rs 2.20 lakh crore in a holiday-shortened week, driven largely by a sharp rally in heavy-weight stocks.The benchmark Sensex ended the week on a modestly positive note, gaining 249.29 points or 0.32 per cent.Among the top gainers, telecom major Bharti Airtel posted strong gains, with its valuation rising by Rs 43,503.51 crore to Rs 11,49,222.13 crore.IT giant Tata Consultancy Services (T…
New Delhi, April 28 (IANS) The Enforcement Directorate (ED) has attached another set of assets valued at Rs 3,034.90 crore in the Reliance Communications (RCom) Ltd bank fraud case, bringing the total attachment in Reliance Anil Ambani Group cases to over Rs 19,344 crore, according to an agency statement issued on Tuesday.The special investigation team (SIT) constituted on the directions of the Supreme Court is investigating the Reliance Anil Ambani Group (RAAG) cases involving diversion and lau…
New Delhi, April 28 (IANS) The Enforcement Directorate (ED) has attached another set of assets valued at Rs 3,034.90 crore in the Reliance Communications (RCom) Ltd bank fraud case, bringing the total attachment in Reliance Anil Ambani Group cases to over Rs 19,344 crore, according to an agency statement issued on Tuesday.The special investigation team (SIT) constituted on the directions of the Supreme Court is investigating the Reliance Anil Ambani Group (RAAG) cases involving diversion and lau…
New Delhi, April 19 (IANS) The combined market valuation of eight of India’s top-10 most valued companies surged by Rs 1.87 lakh crore in a holiday-shortened week.The positive momentum in the broader market saw the Sensex rise by 943.29 points, or 1.21 per cent, while the Nifty advanced 302.95 points, or 1.25 per cent, during the week.Among individual stocks, Bharti Airtel recorded the sharpest increase in valuation, adding Rs 58,831.52 crore to take its total market capitalisation to Rs 11,25…