With impatient investors unwilling to wait till the release of Lok Sabha election results on June 4 or even the exit poll on June 1, Sensex has rallied over 3,500 points since voting began in a Rs 26 lakh crore rally. Considering April 19’s low of 71,816.46, when voting for the first phase of Lok … Read more
MUMBAI: The market capitalisation of Aditya Birla Group companies crossed $100 billion for the first time on Friday riding on a rally in shares of UltraTech, Hindalco, and Vodafone Idea.The combined valuation of the 12 companies in the group stood at nearly Rs 8.5 lakh crore, which translates to over $102 billion. The group’s market … Read more
Mumbai: The total market capitalisation of BSE-listed stocks closed above $5 trillion on Thursday as the benchmark indices ended at record levels led by banks and auto stocks. India’s market capitalisation to Gross Domestic Product (GDP) – a measure to determine if a market is under-valued or over-valued – surged to 1.42 times, or 142%, … Read more
Mumbai: Total market capitalisation of all stocks listed on the BSE surpassed $5 trillion briefly on Tuesday for the first time, making India the fifth country after the US, China, Japan, and Hong Kong to achieve this milestone. At the close of Tuesday’s trading, it stood at $4.97 trillion (₹414.62 lakh crore). The trillion-dollar market-cap … Read more
Dalal Street’s love for all-things-Tata got deeper in FY24 with 9 stocks, including the newly-listed Tata Technologies, giving multibagger returns up to 257%. Even the worst performing Tata stock gave 11% return. The combined market capitalisation of all Tata stocks (excluding Tata Tech) rose by Rs 9.15 lakh crore to Rs 29.62 lakh crore. This … Read more
MUMBAI: Indian investors were richer by Rs 132 lakh crore, or about $1.6 trillion in financial year 2024. Between April 2023 and March 2024, BSE’s market capitalisation jumped from Rs 262 lakh crore to Rs 394 lakh crore or $4.7 trillion as Dalal Street investors discounted geopolitical issues, high interest rates and threats of rising … Read more
Maruti Suzuki share price today: Maruti Suzuki India’s shares surged 4% on Wednesday, hitting a fresh 52-week high of Rs 12,722.70 on the National Stock Exchange (NSE). The company now boasts a market capitalisation of Rs 4 lakh crore, joining an elite group of 13 other stocks with similar valuations above this mark.These include Reliance … Read more
Indian Stock Market has witnessed a massive fall in the last one month. The selling pressure has aggravated this week especially in the broader market stocks which is not reflected in the benchmark indices Nifty and Sensex. Nifty is down only 2.35% from its all-time high of 22,526. However, when you look beneath the hood … Read more
MUMBAI: On a day when the sensex recorded the second biggest loss in market capitalisation, Adani stocks witnessed the group’s biggest single-session wealth erosion of Rs 1.1 lakh crore last seen on Feb 2, 2023, a week after the US-based short-seller Hindenburg published its report on the conglomerate. At the close of Wednesday’s trading, the … Read more
SINGAPORE – Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally. The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high … Read more