A surge of large tech IPOs, deeper institutional appetite and stronger operating performance have pushed India’s digital economy further into the public markets — marking the clearest shift yet in how investors are pricing tech-led businesses
Despite differing in business models, HDFC Bank as a commercial bank and Goldman Sachs as an investment bank, the comparison highlights HDFC’s growing prominence
While NPCI's move to extend the timeline comes as a relief for PhonePe and Google Pay, Meta-owned WhatsApp received a big boost with user limits removed.
The market valuation of HDFC Bank jumped Rs 40,392.91 crore to Rs 13,34,418.14 crore, the most among the top-10 firms. Tata Consultancy Services (TCS) added Rs 36,036.15 crore to Rs 15,36,149.51 crore in its valuation.
When it comes to investing in the stock market, understanding market capitalization (market cap) is key to choosing the right stocks. Market cap refers to the total value of a company's shares, and it's used to classify stocks into three categories: large-cap, mid-cap, and small-cap. But which one suits you best? Let’s break down each category to help you decide.
Data from Bloomberg shows that this was the fifth consecutive quarter of growth for the Indian market whose market capitalisation is currently pegged at $5.03 trillion.
Since April 19, the BSE-listed firms' market capitalisation has surged from Rs 393.46 lakh crore to around Rs 416.92 lakh crore, marking a rise of over 6%, equivalent to about Rs 23.21 lakh crore.
Following the announcement, the stock price of the company ended almost 3 percent higher at Rs 96.17, nearing the Rs 100-mark on April 30.
This figure marks a notable increase from FY23 and FY22, with 48 firms achieving a market capitalisation exceeding Rs 1 lakh crore each year. In FY21, the count stood at merely 36. Contrastingly, FY20 saw 19 such firms, a decrease from FY19 and FY18 when 29 and 27 listed companies reached this milestone, respectively
Rallying for the fourth day running on Friday, the 30-share BSE Sensex zoomed 847.27 points or 1.18 percent to settle at a new closing high of 72,568.45, driven by a sharp rally in IT stocks.
The total market capitalisation of these companies were at a high of $65 billion during the stock market peak in 2022
According to an analyst, LIC reclaimed its Rs 5 lakh crore market capitalisation on the back of hype around its non-par product Jeevan Utsav.
Jindal Steel & Power, Punjab National Bank, IDBI Bank, Canara Bank, TVS Motor Co, Tube Investments and Mankind Pharma have entered into the large cap category from midcap
Apple Inc hence is just a shade away to make it to the list of top five nations by GDP globally.
The appointment marks the first major effort by Adani Group to defend itself in the wake of a January 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation
New-age company stocks have started falling again since last week after the lock-in period for Nykaa and Delhivery shares held by pre-IPO investors lapsed
Analysts believe TVS will keep on delivering superior earnings growth compared to other two-wheeler OEMs due to a combination of new models, revenue diversification as well as its commitment to electric vehicles
With an overall bearish trend in equities, the market value of seven of the top 10 firms fell drastically on the bourses this week.
This record was notched up although benchmark indices, the BSE Sensex and Nifty, are still over 4% below their all-time highs, indicating that the rally has been led by smaller stocks.
In the ranking of top-10 firms, Reliance Industries retained the title of the most valued domestic company, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance and LIC.
Of the 52 brokers tracking the ICICI Bank stock on Bloomberg, 51 have recommended a buy rating, one have a hold on the stock. It has zero analysts who rate sell on the stock.
Investors are keenly awaiting its March quarter earnings, the date for which is yet to be announced
Analysts said that stock prices of Adani Group firms surged after they expanded and diversified into multiple businesses leading to earnings visibility in the future
Currently, the US is the world's biggest market with a value of $47.32 trillion followed by China ($11.52 trillion), Japan ($6 trillion) and Hong Kong ($5.55 trillion).