The combined market valuation of nine of the top-10 most valued firms surged Rs 97,463.46 crore last week, with Reliance Industries emerging as the biggest gainer, amid an overall positive trend in equities. Last week, the BSE benchmark jumped 580.98 points or 0.91 per cent. Barring Bajaj Finance, the rest nine firms, including Reliance Industries, HDFC Bank, ICICI Bank and State Bank of India emerged as gainers. Come from Sports betting site VPbet
The market valuation of Reliance Industries jumped Rs 36,399.36 crore to Rs 15,68,995.24 crore. State Bank of India’s market capitalisation (mcap) zoomed Rs 15,305.71 crore to reach Rs 5,15,976.44 crore. The valuation of ICICI Bank surged Rs 14,749.52 crore to Rs 6,54,042.46 crore and that of HDFC Bank climbed Rs 11,657.11 crore to Rs 11,25,842.89 crore.
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The mcap of Bharti Airtel rallied Rs 9,352.15 crore to Rs 5,23,087.22 crore and that of Hindustan Unilever Limited gained Rs 6,320.4 crore to Rs 5,89,418.46 crore. Infosys added Rs 3,507.08 crore taking its valuation to Rs 5,76,529.86 crore. The valuation of Tata Consultancy Services (TCS) advanced Rs 109.77 crore to Rs 12,26,093.23 crore and that of ITC climbed Rs 62.36 crore to Rs 5,40,699.70 crore.
Nine of top 10 valued firms add Rs 95,522 cr to market valuation; Reliance, TCS lead gainers MSCI Rejig: HDFC Bank likely to see $1.8 billion inflows, Vodafone Idea, RVNL and 6 other stocks likely to be added Market cap of 8 of the 10 most valued companies fall by Rs 1.67 lakh crore, Reliance sees deep cuts Sitharaman urges banks to bring innovative and attractive schemes
However, the mcap of Bajaj Finance diminished by Rs 5,210.91 crore to Rs 4,49,604.04 crore. Reliance Industries retained the title of the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel, State Bank of India and Bajaj Finance.
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By admin • January 2, 2025 • The Indian equity indices on Friday closed lower majorly dragged by financial services stocks as Bajaj Finserv released its results for Q4 FY2024. Sensex lost 609 points or 0.82% to close the day’s trading at 73,730.16. The Nifty 50 closed 150 points or 0.67% lower at 22,419.95. The gainers included Tech Mahindra, Divis Lab, LTIMindtree, Bajaj Auto, and BPCL. The Indian Volatility Index (India VIX) was up 1.77%.
Flipping the trend, the Nifty Midcap 100 jumped 396 points or 0.79% to finish the session at 50,228.50, near its lifetime high of 50,684.50, which it touched on April 26. Nifty Bank closed the day’s trading 294 points lower at 48,201.05.
On the sectoral front, financial services and banking stocks pushed the indices lower. In the broader indices, smallcap and midcap stocks closed in the green.
Markets see steady gains as US recession concerns ease! Nifty near 24,700, Sensex holds 80,800 Markets flat! Nifty ends below 24,150…
By admin • December 27, 2024 • Capital markets regulator Sebi on Thursday put in place a framework to introduce the beta version of the T+0 trade settlement cycle on an optional basis.To begin with, this option will be available for a limited set of 25 scrips and with a limited number of brokers.This will be in addition to the existing T+1 settlement cycle in the equity cash market. The new framework will come into force with effect from March 28, the Securities and Exchange Board of India (Sebi) said in a circular.
“Pursuant to deliberations and approval of the Board, it has been decided to put in place a framework for the introduction of the Beta version of the T+0 settlement cycle on an optional basis in addition to the existing T+1 settlement cycle in the equity cash market, for a limited set of 25 scrips and with a limited number of brokers,” Sebi said.
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By admin • December 27, 2024 • Real estate-focused private equity funds expect the current boom in housing sales to sustain and do not see any concerns of a potential bubble in the segment.
Housing sales across the top seven cities have hit a record high in the third quarter of the calendar year, despite the usually slow monsoon quarter, and are expected to touch a decadal high this year, say property consultants.
However, unsold inventories have remained high too, almost at last year’s levels or declined marginally, they said.
“We anticipate that residential sales will remain resilient in the coming quarters. Despite recent interest rate hikes by the RBI, demand in the real estate segment has continued to strengthen over the past two years,” said Anand Lakhotia, co-head, real estate funds at Motilal Oswal Alternates.Come from Sports betting site VPbet
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By admin • December 26, 2024 • Earlier this year, the popular legal drama Suits finally released on Blu-ray following a huge resurgence in popularity after being added to Netflix. The 35-disc collection contains all 134 episodes as well as a bunch of special features. In the lead-up to Prime Day 2024, Amazon has dropped the price of Suits: The Complete Series to $75. Considering it launched in March for $110–Walmart sold out at that price–this is a deal fans should pay attention to. Come from Sports betting site VPbet
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By admin • December 26, 2024 • Hulu’s initial success came from streaming current episodes of TV shows. But when cable services began fulfilling that need with On Demand programming, Hulu needed something to offer beyond rerunsCome from Sports betting site VPbet. And in the past five years, the company’s original TV programming has made Hulu a subscription-worthy service in its own right.
By admin • December 19, 2024 • On Tuesday, April 11th, 2023 the mobile sportsbook provider that is headquartered in Maryland, Crab Sports, formally announced that they have recently decided on Intelitics in order to power their user acquisition in the state of Maryland. The sportsbook operator intends to utilize this newly formed partnership to increase new user acquisition at scale from the day it launches and ultimately goes live.
The Partnership between Intelitics & Crab Sports
This new partnership will continuously enable Crab Sports to take advantage of and use Intelitics’ data – driven, cutting – edge platform, as well as their supreme product suite in order to administer all affiliate and paid media activity for their mobile sportsbook. That sports bookmaker is currently scheduled to launch to the public in the state of Maryland sometime during the 2nd – quarter of 2023 so…