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Market capitalisation of six of top-10 most-valued firms decline Rs 1.55 lakh crore last week
India's stock market witnessed a mixed performance last week, with six of the top ten companies experiencing a combined market value decline of ₹1.56 lakh crore. Reliance Industries took the biggest hit,
Market valuation of six of top-10 firms erode by over Rs 1.55 lakh crore
The combined market valuation of six of the top 10 most-valued firms eroded Rs 1,55,721.12 crore last week with Reliance Industries emerging as the biggest laggard, in line with an overall weak trend in equities.
Six top-valued companies lose Rs 1.55 lakh crore in overall valuation amid weak market sentiments
Last week, the BSE benchmark declined 237.8 points, or 0.29 percent. The benchmark equity index BSE Sensex retreated nearly 6 percent, or 4,813 points, to 79,486 on November 8 against the 84,200-mark on September 30.
2h
on MSN
SEBI looks to expand scope of unpublished price-sensitive information to bolster market disclosures: Report
According to its consultation paper, the regulator has proposed that key developments in corporate insolvency proceedings, ...
4d
India's stock market has a rising local flavour
Swiggy is living up to its reputation for doing things quickly. The Indian food and grocery delivery company backed by Prosus ...
3h
on MSN
India a key opportunity for Sony's gaming biz
Sony India, experiencing substantial growth in its gaming sector due to the PlayStation 5's success, is now eyeing India as a ...
Opinion
2d
Opinion
How India can build a strong and successful carbon market
India’s carbon credit market, bolstered by recent regulatory changes, faces challenges in balancing supply and demand, ...
2d
With Trump win, India open to freeing up market access for U.S. firms, sources say
India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, ...
Opinion
5d
Opinion
That Giant Sucking Sound Is From India’s Stock Market
Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he ...
The Economist
2d
India’s startup scene is picking up speed again
India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to ...
4h
Jefferies India lowers FY25 earnings estimates for 63% of companies it covers, steepest downgrade since 2020
The note said the earnings downgrades have been a result of a cyclical slowdown in the economy, resulting in a cut of FY25 ...
2d
India makes strides in energy efficiency; market size to hit $20 billion in 2024
India's energy efficiency efforts show significant progress, with investments reaching $18 billion and a projected 2.5% ...
6d
on MSN
India emerges as global player in petroleum, gemstone, sugar exports with surging market share in 5 years
India’s position as the second-largest sugar exporter is bolstered by favorable agricultural policies and a robust production ...
8d
India’s smartphone market sets two ‘highest-ever’ records in Q3 2024
India's smartphone shipments increased by 3% in Q3 2024, with a 12% rise in value largely due to premiumisation trends and ...
3d
on MSN
Dr Reddy's Laboratories CEO on becoming a market leader in India
Erez Israeli, CEO of Dr Reddy's Laboratories highlights the moves he is undertaking to position his company as a market ...
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