The combined market valuation of six of India’s top-10 most valued companies eroded by ₹70,325.5 crore last week. The downturn was a result of a bearish trend in the equity market, with the BSE benchmark Sensex dropping 0.74% or 626.01 points, PTI reported. The week’s biggest losers HDFC Bank and ICICI Bank were the worst-hit…
BYD, China’s leading electric vehicle (EV) maker, saw its market capitalisation surge to almost $162 billion on Tuesday, March 18, after unveiling a new battery and charging system that charges almost as fast as refuelling a conventional car. The surge in BYD’s stock pushed its market capitalisation beyond the combined market value of India’s top…
The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing 1,906.33 points (2.38…
