Market Capitalization News
Market cap of eight out of top 10 companies gains; Bharti Airtel, Infosys, TCS leads, ITC, Hindustan Unilever decline
India’s top companies saw a significant surge in their market valuations last week, driven by a strong rally in the equity markets. Eight out of the top ten most valuable firms experienced growth, with Bharti Airtel, Infosys, and TCS leading the way.
1 min read1 Sep 2024Indian Market in H1CY24: Average total market cap soars to record ₹397 lakh crore; 7 midcaps elevated to largecaps
Indian Stock Market in H1 2024: The first half of 2024 saw a bull run, with market capitalisation hitting a record ₹397.1 lakh crore, up 23.4%. Midcaps led the charge, with 26.4% growth, followed by smallcaps at 25.7% and largecaps at 21.9%.
5 min read10 Jul 2024Tesla Shares on Track to Turn Positive for 2024 After $200 Billion Rally
Tesla Inc. shares are set to extend gains for an eighth consecutive session on Friday, putting the stock of the world’s most valuable automaker on track to turn positive for the year.
1 min read8 Jul 2024French Stocks See $200 Billion Wipeout From Macron’s Vote Call
French stocks lost roughly $200 billion in market capitalization — or about the size of Greece’s economy — this week following President Emmanuel Macron’s decision to call a snap election. The CAC 40 Index has now erased all gains for 2024.
2 min read15 Jun 2024French Stocks See $210 Billion Wipeout From Macron’s Vote Call
French stocks lost about $210 billion in market capitalization this week, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index erased all gains for 2024.
2 min read15 Jun 2024French Stocks See $220 Billion Wipeout From Macron’s Vote Call
French stocks this week lost roughly $220 billion in market capitalization, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index dropped 3%, erasing all gains for 2024.
2 min read15 Jun 2024Berkshire March Toward $1 Trillion Value Stalls on Results
Berkshire Hathaway Inc. retreated on Monday after touching a record high that pushed the market value of Warren Buffett’s conglomerate even closer to $1 trillion.
2 min read27 Feb 2024India to become 3rd largest economy by 2027, market cap to hit $10 trn by 2030: Jefferies
With a consistent history of 10-12 percent USD CAGR over the last 10 and 20 years, India is now the 5th largest equity market and its market capitalisation will likely touch $10 trillion by 2030, believes global brokerage house Jefferies.
5 min read22 Feb 2024TCS market cap hits ₹15 lakh crore as stock touches new all-time high
In today’s trading session, TCS shares gained 4% to achieve a new peak of ₹4,135 apiece, surpassing their previous best of ₹4,043. Notably, the stock crossed the ₹4,000 mark after 12 months.
3 min read6 Feb 2024New Peak! Reliance Industries share price hits another record high; mcap hits ₹20 lakh crore
Reliance Industries’ share price hit a record high on Friday with its market capitalisation crossing ₹20 lakh crore. Reliance shares rallied as much as 3.4 percent to a fresh high of ₹2,949.90 apiece on the BSE.
1 min read2 Feb 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared