Posts in category All News
Mcap of 9 of top-10 most valued firms jumps Rs 2.89 trn, Reliance shines (30-06-2024)
Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities.
Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent.
The BSE Sensex recorded the best monthly gain in June by climbing 7.14 per cent. The Sensex breached the historic 79,000 mark on Thursday.
While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, Hindustan Unilever and ITC were the gainers, Life Insurance Corporation of India (LIC) emerged as the laggard.
The market capitalisation (mcap) of Reliance Industries jumped Rs 1,52,264.63 crore to Rs 21,18,951.20 crore.
TCS added Rs 34,733.64 crore taking its valuation to Rs 14,12,845.09 crore.
The mcap of ICICI Bank soared Rs 30,286.99 crore to Rs 8,44,201.88 crore and that of Bharti Airtel surged Rs 18,267.7 crore to Rs 8,22,530.35 crore.
The market valu
These 6 penny stocks surge 25-55% in a week (30-06-2024)
During the weekend ending June 28, Indian stock markets showed significant weekly gains, with the Sensex rising approximately 2.3%.
Oil India among 10 stocks with bonus issues, stock splits and buybacks this week. Do you own any? (30-06-2024)
Oil India and Vertoz Advertising, among other companies, are set to be in the spotlight this week as they near their record dates for bonus issues, stock splits, buybacks, and demergers. The record date, determined by each company, determines eligibility for these corporate actions, requiring shares to be held in a Demat account on that date to qualify.
M-cap of nine of top-10 most valued firms jumps Rs 2.89 lakh crore; Reliance biggest winner (30-06-2024)
Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent.
DDev Plastiks Industries – A Smallcap Gem (30-06-2024)
From what i understand from preliminary reads is thatthey moved to VAP,
The realisation is low but EBITDA/Ton is high.
Hence you get absolute cashflow increment but dip in Realisation and hence dip in revenues.
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (30-06-2024)
How negative can SEBI’s stand against derivatives turn out on Angel One?? Because majority of business comes from derivatives.
Macroeconomic data, global trends to drive markets this week: Analysts (30-06-2024)
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said.
After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues.
"Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy. The upcoming Union Budget in July has become the next focal point, with high expectations for growth-oriented policies," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
Market sentiment will be gauged by closely monitoring foreign and domestic institutional investors' activity (FII and DII) and crude oil prices, he said.
On the global front, the US market has experienced some profit-booking from higher levels. Key ..