The market capitalisation of nine of India’s top-10 most valued companies rose by Rs 2,34,565.53 crore last week, with Reliance Industries emerging as the biggest gainer in step with the buoyant equity markets.The benchmark BSE Sensex surged 1,650.73 points or 2% during the same period. From the top-10 pack, Infosys was the only firm to…
Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Friday, driven by buying in heavyweight stocks such as Reliance Industries, HDFC Bank, and ITC.Investor sentiment was further supported by expectations of a record dividend from the Reserve Bank of India (RBI) and easing US treasury yields, traders said.After a flat…
Investor wealth surged by a massive Rs 7.85 lakh crore on Friday, driven by a sharp rally in Indian stock markets after the US suspended additional tariffs on India for the next 90 days, until July 9.The 30-share BSE Sensex soared 1,310.11 points (1.77%) to close at 75,157.26, with a daily high of 75,467.33, up…
MUMBAI: Sensex rallied to close 2,000 points or 2.5% higher on Friday at 79,117 on the back of a strong Wall Street close on Thursday night and short covering by local speculators during closing hours. While Reliance Industries, Infosys and ICICI Bank contributed the most to the sensex’s gains, all 30 of its constituents closed…