NEW DELHI: Shares of Eternal Ltd, the parent company of food delivery platform Zomato, surged nearly 6% on Thursday, extending its two-day rally to over 8%. The upward momentum followed Morgan Stanley reaffirming the company as its top sector pick. The brokerage firm kept its target price at Rs 320, suggesting a possible 33% upside…
India Pakistan tensions, Operation Sindoor impact:Investor wealth took a hit, plunging by Rs 7 lakh crore over the past two sessions, as escalating conflict between India and Pakistan made markets jittery and triggered a selloff. The NSE Nifty dropped 265.80 points, or 1.10 per cent, to settle at 24,008. The BSE Sensex fell for the…
The BSE Sensex gave significant returns, increasing nearly 4 per cent in April, despite geopolitical tensions. The upturn was driven by renewed foreign investment inflows, forecasts of above-normal monsoon rainfall, and positive prospects of an India-US trade agreement. Additionally, stock valuations became more attractive following recent market corrections, leading to increased buying activity. The BSE…
Bajaj Finance share price hits 52-week high Bajaj Finance share price today: In a remarkable display of market performance, Bajaj Finance has outperformed its Nifty counterparts this year, generating a 36 per cent year-to-date return and creating Rs 1.5 lakh crore in investor value.The company’s market capitalisation is approaching Rs 6 lakh crore, following its…
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per…
NEW DELHI: The combined market capitalisation of nine of India’s top-10 most-valued companies rose by Rs 3,06,243.74 crore last week, driven by a strong rally in equities. ICICI Bank and Bharti Airtel recorded the highest gains.The surge followed an upbeat week in the stock markets, with the BSE Sensex climbing 3,076.6 points (4.16 percent) and…
NEW DELHI: Reliance Industries Ltd, has been ranked as the second-best brand globally in the FutureBrand Index 2024. The company surged 11 places from its 13th position in 2023, surpassing global giants like Apple, Nike, Walt Disney, and Microsoft.The rankings, released by FutureBrand, assess companies based on their ability to balance brand purpose and experience…
NEW DELHI: Investment bank DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors, a day before opening of its initial share-sale for public subscription. Nomura, Goldman Sachs, HSBC, Societe Generale, Nippon India Mutual Fund (MF), HDFC MF, Kotak MF, and Aditya Birla Sun Life MF are among the anchor…
Market Capitalisation: शेयर बाजार में पिछला हफ्ता भारती एयरटेल के नाम रहा. दूरसंचार सेवाओं की इस दिग्गज कंपनी ने अपनी बाजार पूंजी में 47, 836 करोड़ की बढ़ोत्तरी कर ली है. इस तरह भारती एयरटेल की कुल बाजार पूंजी नौ लाख, 57 हजार, 842 करोड़ पर पहुंच गई है. शेयर बाजार की शीर्ष 10 कंपनियों…