Topic
market-recap
Business Market Recap: Top-10 Firms Add Rs 2.51 Lakh Crore; Bajaj Finance Biggest Winner
India's top-10 most-valued companies added Rs 2.51 lakh crore in market capitalisation last week, with Bajaj Finance the biggest gainer after its June-quarter earnings. Nine of the ten firms ended higher, while Hindustan Unilever was the sole decliner. The BSE Sensex rose 2.67% and the Nifty gained 2.59% during the week.
Business Top-10 Firms Shed Rs 2.74 Lakh Crore in Market Value; HDFC Bank Takes Biggest Hit
A weak week on Dalal Street erased Rs 2.74 lakh crore from the combined market capitalisation of nine of India's 10 most-valued firms. HDFC Bank recorded the sharpest fall of Rs 1,18,383.91 crore, while Hindustan Unilever was the only gainer. The BSE Sensex dropped 2.67% and the Nifty fell 2.32% amid rising crude oil prices and geopolitical tensions.
Business Top-10 Firms Add Rs 1 Lakh Crore in Market Cap; Airtel, Bajaj Finance Lead the Rally
Six of India's ten most valued companies collectively added over Rs 1 lakh crore in market capitalisation last week, with Bharti Airtel and Bajaj Finance recording the biggest gains. The BSE Sensex rose 0.86% and the NSE Nifty gained 0.89%, supported by strong domestic macroeconomic data and expectations of accommodative global monetary policy. Meanwhile, Larsen & Toubro, Reliance Industries, SBI, and TCS saw their market valuations decline.