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[hfe_template id='11223'] [ad_1] Nine of the top 10 valued firms added Rs 3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC were the gainers among the top 10 companies. Bharti Airtel was the only laggard. Last week, the BSE benchmark gauge jumped 2,876.12 points or 3.61 per cent. The market valuation of Reliance Industries jumped Rs 1,06,703.54 crore to Rs 19,71,139.96 crore. ICICI Bank's valuation surged Rs 46,306.99 crore to Rs 10,36,322.32 crore. TCS added Rs 43,688.4 crore to take its valuation to Rs 12,89,106.49 crore. The market capitalisation (mcap) of Infosys zoomed Rs 34,281.79 crore to Rs 6,60,365.49 crore and that of HDFC Bank rallied Rs 34,029.11 crore to Rs 14,80,323.54 crore. Bajaj Finance's market valuation edged up by Rs 32,730.72 crore to Rs 5,...

[hfe_template id='11223'] [ad_1] The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or 1.30 per cent. While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, and ITC faced erosion from their market valuation, Infosys, and Hindustan Unilever made gains on the other hand. The valuation of Reliance Industries tumbled Rs 59,799.34 crore to Rs 18,64,436.42 crore. ICICI Bank's market valuation dropped Rs 30,185.36 crore to Rs 9,90,015.33 crore. The valuation of HDFC Bank tanked Rs 27,062.52 crore to Rs 14,46,294.43 crore and that of State Bank of India dived Rs 18,429.34 crore to Rs 6,95,584.89 crore. Live Events The market capitalisation (mcap) of Bajaj Finance diminished Rs 13,798.85 cr...

[hfe_template id='11223'] [ad_1] Indian benchmark equity indices, Sensex and Nifty, opened lower on Friday as investor sentiment weakened amid escalating tensions between India and Pakistan. Selling pressure was seen across all sectors. The BSE Sensex was down 971.41 points or 1.21 points at 79,363.40, while the Nifty50 declined 292.7 points or 1.21% to 23,981.1 around 10:08 am. The market capitalisation of all listed companies on BSE declined by Rs 4.95 lakh crore to Rs 413.55 lakh crore. The situation remains tense following India’s precision missile strikes on May 6–7, which reportedly targeted and destroyed nine terror camps in Pakistan and Pakistan-occupied Kashmir. Meanwhile, on Thursday night, multiple explosions were reported in Jammu after Pakistan launched drone and missile attacks. This marked the second straight day of cross-border clashes, which have reportedly claimed nearly four dozen lives. Live Events Despite the geopolitical tensions, foreign portfolio ...

[hfe_template id='11223'] [ad_1] The combined market valuation of seven of the top-10 valued firms surged by Rs 2.31 lakh crore (Rs 2,31,177.3 crore) in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer amid a largely optimistic trend in equities. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and ITC emerged as the gainers in the top-10 pack, Tata Consultancy Services, Bajaj Finance and Hindustan Unilever faced losses in their valuation. Last week, the BSE benchmark jumped 1,289.46 points or 1.62 per cent. Equity markets were closed on Thursday for 'Maharashtra Day'. The market valuation of Reliance Industries jumped Rs 1,64,959.62 crore to Rs 19,24,235.76 crore. Bharti Airtel's valuation surged by Rs 20,755.67 crore to Rs 10,56,029.91 crore. ICICI Bank added Rs 19,381.9 crore to Rs 10,20,200.69 crore in its valuation. The market capitalisation (mcap) of HDFC Bank rallied by ...

[hfe_template id='11223'] [ad_1] As the Sensex danced 1,300 points higher this week, toasting a 1.6% gain, the smallcap brigade looked like it had shown up at the wrong party — or worse, got turned away at the gates. The BSE Smallcap Index slipped 1.33%, and the real drama unfolded deeper down: at least 50 smallcap stocks crashed into double-digit losses, some nosediving as much as 18%. Call it the tale of two markets. On one side, heavyweight Reliance Industries — India’s most valued stock — roared 9% higher, buoyed by a Q4 earnings glow and a fresh wave of FII love. On the other hand, investors in names like Gensol Engineering, Tejas Networks, Sterling and Wilson Renewable Energy, Godrej Agrovet, and Senco Gold lost money. Foreign institutional investors (FIIs) pumped nearly $1 billion into Indian equities this week, drawn in by a softening dollar and the stability of bluechips. But while the giants soaked in the inflows, investors used the rally as an exit cue from br...

[hfe_template id='11223'] [ad_1] After 3 years of playing second fiddle, India’s most valuable stock is ready to steal the show again. Shares of Nifty heavyweight Reliance Industries Ltd (RIL) have already climbed over 12% in calendar 2025, and analysts say the old warhorse is saddling up for a full-blown re-rating as FY26 shapes into a potential inflection point. RIL’s Q4 results, which crushed Street expectations, were just the opening act. Brokers are now pegging targets as high as Rs 1,720 as against Monday’s closing price of Rs 1,368, and the mood on the Street is shifting fast. RIL’s transformation from a predominantly energy-centric empire to a digital and consumer-focused behemoth is now undeniable. "RIL’s transition to a new energy company is starting to bear fruit and we think it is back on an earnings growth path after flattish earnings in FY25. We expect a re-rating to follow this growth," Morgan Stanley analyst Mayank Maheshwari said, setting the t...

[hfe_template id='11223'] [ad_1] Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at 24,449 around 9:23 am. Among the Sensex constituents, IndusInd Bank, Tata Motors, Axis Bank, Reliance Industries, SBI, Bharti Airtel, and Tata Steel were the top gainers, rising up to 2% in early trade. On the flip side, Sun Pharma, Power Grid, Bajaj Finance, and Nestle India opened lower. U.S. Treasury Secretary Scott Bessent said on Monday that many top trading partners had made "very good" tariff proposals, with a potential deal with India expected soon. He indicated that an agreement could be finalised this week or next. Meanwhile, U.S. Commerce Secretary Howard Lutnick stated t...

[hfe_template id='11223'] [ad_1] Indian benchmark indices ended over 1% higher on Monday, with the BSE Sensex soaring over 1,000 points and the Nifty50 closing above 24,300. The rally was driven by heavyweight Reliance Industries after it reported better-than-expected earnings, while continued foreign inflows further boosted market sentiment. The 30-share BSE Sensex jumped 1,005.8 points, or 1.27%, to settle at 80,218, while the broader NSE Nifty gained 289 points, or 1.2%, closing at 24,328. The total market capitalization of BSE-listed companies rose by Rs 4.45 lakh crore, reaching Rs 426.03 lakh crore. All sectoral indices, except Nifty IT, ended in the green. The Nifty Auto, PSU Bank, Metal, Pharma, Realty, Healthcare, and Oil & Gas indices saw gains ranging from 1% to 3%. Here are top reasons behind today's market rally: Live Events 1) Better than expected RIL Q4 results Reliance Industries rose 5.3% after reporting a fourth-quarter profit that exceeded esti...

[hfe_template id='11223'] [ad_1] The combined market valuation of six of the top-10 valued firms soared by Rs 1,18,626.24 crore last week, with Tata Consultancy Services stealing the show with maximum gains. Last week, the BSE benchmark gauge climbed 659.33 points or 0.83 per cent, and the NSE Nifty went up by 187.7 points or 0.78 per cent. Reliance Industries Ltd, HDFC Bank, Tata Consultancy Services (TCS), State Bank of India, Infosys and ITC were the winners, while Bharti Airtel, ICICI Bank, Bajaj Finance and Hindustan Unilever took a hit in their valuation. The market valuation of TCS surged by Rs 53,692.42 crore to Rs 12,47,281.40 crore, the most among the top 10 firms. Reliance Industries added Rs 34,507.55 crore taking its valuation to Rs 17,59,276.14 crore. The market valuation of Infosys jumped Rs 24,919.58 crore to Rs 6,14,766.06 crore and that of HDFC Bank rallied by Rs 2,907.85 crore to Rs 14,61,842.17 crore. Live Events State Bank of India's market capit...

[hfe_template id='11223'] [ad_1] Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will remain closed on Thursday for 'Maharashtra Day'. Further updates related to tariffs will also be watched by investors, experts noted. Stock markets witnessed profit-taking in the last two sessions due to increased geopolitical tensions between India and Pakistan following the death of 26 people in a terror attack on tourists at Pahalgam in Jammu and Kashmir. "The upcoming holiday-shortened week also marks the beginning of a new month, making monthly auto sales data a key area of focus for market participants. On the macroeconomic front, investors will closely track the...

[hfe_template id='11223'] [ad_1] Reliance Industries' board of directors has appointed Anant Ambani as a whole-time director of the company and he will be designated as the Executive Director. The appointment comes into effect from May 1, 2025 and he will be in the office for a period of five years. The appointment has been made on the recommendations of the Human Resources, Nomination and Remuneration Committee, a company filing said, adding that it will be subject to the approval of the members of the company. Anant Ambani is currently serving as the non-executive director of the company. The company informed about the development, late last night following the announcement of its Q4FY25 earnings. The oil-to-telecom conglomerate posted a 6.4% rise in March-quarter net profit from a year ago, exceeding estimates on the back of revenue growth in the oil-to-chemicals and consumer-facing units. RIL posted profit after tax of Rs 22,611 crore, up from Rs 21,243 crore a y...

[hfe_template id='11223'] [ad_1] Oil-to-telecom conglomerate Reliance Industries (RIL) today approved a fund-raising plan of Rs 25,000 crore through the issuance of listed, secured/unsecured, redeemable non-convertible debentures (NCDs) in one or more tranches on a private placement basis. The announcement came alongside RIL's Q4FY25 earnings. The company’s board also approved a dividend of Rs 5.50 per equity share for the financial year ended March 31, 2025. India's leading conglomerate Reliance Industries Ltd (RIL) reported 2% growth in its consolidated net profit at Rs 19,407 crore for the fourth quarter ended March 2025. Revenue from operations in the same period increased 10% year-on-year (YoY) to Rs 2.64 lakh crore. The profit was well above the Street expectation of Rs 18,471 crore. Also Read: RIL Q4 Results: Profit rises 2% YoY to Rs 19,407 crore; beats street estimates Meanwhile, Jio Platforms which houses Reliance Industries' (RIL) telecom and digi...

[hfe_template id='11223'] [ad_1] Reliance Industries posted a steady performance for the March quarter, supported by a strong showing in its consumer businesses even as its traditional energy verticals faced margin pressures. Growth in the telecom and retail arms helped cushion the impact of a weaker oil-to-chemicals cycle and softer gas realizations. The company also announced a dividend and a major fundraising plan, indicating continued expansion in its future sectors. Despite a challenging global economic environment, Reliance said it maintained operational discipline and continued investing in growth initiatives, with the management striking an optimistic tone on the outlook. Mukesh Ambani said the company’s resilience reflects its diversified business model and focus on building long-term value across energy, consumer, and digital platforms. Here are 5 key takeaways from Q4 results Strong beat on profit Net profit for the fourth quarter at Rs 19,407 crore surpassed ...

[hfe_template id='11223'] [ad_1] Global brokerage Macquarie has unveiled its latest India Strategy report, spotlighting IRCTC and AB Capital among six stocks it believes have the potential to deliver 2x returns over the next three years. These stocks, dubbed as the "Rising Stars", are expected to benefit from strong structural tailwinds, shifting consumer trends, and a favorable domestic macroeconomic environment. IRCTC: Target price: Rs 900 Leading the list is IRCTC, for which Macquarie has set a 12-month target price of Rs 900, with an expectation of further long-term upside. Uno Minda: Target price: Rs 1,157 Uno Minda is another top pick in this category, with a target price of Rs 1,157. Macquarie is bullish on the company’s diversified revenue mix and its wide-ranging auto components portfolio, which positions it well to ride the momentum in the automotive sector. Aditya Birla Capital (AB Capital): Target price: Rs 260 Live Events AB Capital is considered o...

[hfe_template id='11223'] [ad_1] The combined market valuation of nine of the top-10 most-valued firms surged Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities. Last week, the BSE benchmark gauge surged 3,076.6 points, or 4.16 per cent, and the NSE Nifty jumped 953.2 points, or 4.25 per cent. The market capitalisation (mcap) of ICICI Bank jumped Rs 64,426.27 crore to Rs 9,47,628.46 crore, the most among the top-10 firms. Bharti Airtel's valuation zoomed Rs 53,286.17 crore to Rs 9,84,354.44 crore. HDFC Bank added Rs 49,105.12 crore, taking its market valuation to Rs 13,54,275.11 crore. The mcap of Reliance Industries Ltd surged Rs 39,311.54 crore to Rs 17,27,339.74 crore and that of Bajaj Finance rallied Rs 30,953.71 crore to Rs 5,52,846.18 crore. Live Events The valuation of Tata Consultancy Services (TCS) soared Rs 24,259.28 crore to Rs 12,95,058.25 crore. The mcap of St...

[hfe_template id='11223'] [ad_1] A Chandigarh resident has stumbled upon a forgotten financial windfall, discovering decades-old Reliance Industries Ltd (RIL) shares originally purchased in 1988, now valued at approximately Rs 12 lakh. The revelation has triggered a wave of social media reactions, ranging from financial advice to lighthearted banter. Rattan Dillon, a car enthusiast from Chandigarh, found physical share certificates of RIL during a spring cleaning session. The documents revealed that the original shareholder—now deceased—had acquired 30 equity shares at Rs 10 each. Unfamiliar with stock market procedures, Dillon turned to social media for guidance. We found these at home, but I have no idea about the stock market. Can someone with expertise guide us on whether we still own these shares?😅 @reliancegroup pic.twitter.com/KO8EKpbjD3 — Rattan Dhillon (@ShivrattanDhil1) March 11, 2025 From 30 to 960 RIL shares: The power of stock splits and bonusesA user nam...

[hfe_template id='11223'] [ad_1] Shares of billionaire Mukesh Ambani-led Reliance Industries (RIL) have been under bear pressure, shedding 25% of its value since hitting a record high of Rs 1,608.95 on BSE on July 8. Investors have seen a staggering Rs 5.4 lakh crore vanish as foreign institutional investors (FII) sold the bluechip stock amid a retail slowdown and weak refining margins. The stock has underperformed Nifty by 10% since January 2024, fueling extreme pessimism. However, a glimmer of hope has emerged—RIL has rebounded 4% in the last two trading sessions, suggesting some bottom-fishing. But is this just a dead-cat bounce, or is the worst truly over? Pessimism at Extreme Levels Analysts at Jefferies believe the current valuation is overly bearish, noting that the market cap now implies an enterprise value of just $48 billion for RIL’s retail business, compared to $106 billion in its last funding round. “A combination of same-store sales growth and area addition...

[hfe_template id='11223'] [ad_1] The combined market valuation of eight of the 10 most valued domestic firms eroded by Rs 2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday. In the past eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India, Hindustan Unilever, Bajaj Finance and ITC faced a combined erosion of Rs 2,03,952.65 crore in their valuation, Bharti Airtel and ICICI Bank emerged as the gainers. The market capitalisation (mcap) of Reliance Industries tanked Rs 67,526.54 crore to Rs 16,46,822.12 crore. The valuation of TCS tumbled Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank's mcap eroded by...

[hfe_template id='11223'] [ad_1] Mumbai: Shares of Reliance Industries (RIL) hit their lowest level in fourteen months on Wednesday as traders mounted bearish derivative bets in the wake of foreign institutional selling. The stock made a low of ₹1,193.35 on Wednesday - the lowest since December 2023 - before rebounding to close at ₹1,216.55, down 1.4% over the previous day's close. "FIIs have been continuously selling in Indian markets, impacting broad indices. We believe Reliance Industries, being an index stock with larger weight on indices, must have got impacted due to this continuous selling," said Anita Gandhi, founder and head of institutional broking at Arihant Capital. Gandhi also said that the GRMs(gross refining margins) of OMCs (oil marketing companies) have been pretty low compared to past year, which has led to some weakness in all oil refiners, including Reliance. Reliance shares declined 16.2% in the past year as against the Nifty's gain...

[hfe_template id='11223'] [ad_1] Though analysts anticipate continued volatility amid uncertainty over the Trump administration’s policies and the RBI’s monetary stance, technical charts indicate a breakout — an early sign of bottom formation with a bullish structure. According to technical analysts, stocks like Reliance Industries, Bajaj Finance, Kotak Mahindra Bank, Tata Consumer, Infosys, UBL, M&M, Eicher Motors, Titan, Havells, SBI Cards, Indian Hotels, Navin Fluorine, and Radico appear promising, with a potential upside of 5-10%. DHARMESH SHAH VICE PRESIDENT, HEAD OF TECHNICAL, ICICI SECURITIES Where is Nifty headed? Benchmarks snapped a three-week losing streak while overcoming volatility amidst budget, FII sell-off. Over the past three weeks, The index has undergone strong base formation at 23,400- 22,800. The breakout from this base formation coupled with the falling trendline breakout clearly indicates the end of the corrective phase in turn suggesting a re...