Stock Market

Market capitalization of top 10 most valued companies falls by ₹4.95 lakh crore; TCS, Reliance worst hit

The combined market valuation of all top 10 most valued companies fell by ₹4,95,061 crore last week, in line with a bearish trend in equities, with Tata Consultancy Services and Reliance Industries facing the sharpest erosion. Last week, the benchmark BSE fell 4,091.53 points or 4.98 percent. “The Indian stock market recorded its steepest weekly…

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Stock Market

Market strategy: Overweight in banking and IT, selective in small and midcaps; Zomato, ICICI Bank among the top picks: Motilal Oswal

The Indian stock market is expected to close the calendar year 2024 on a strong footing, with the benchmark indices Sensex and Nifty 50 returning over 8% year-to-date (YTD), marking the ninth consecutive year of gains . However, markets have seen a sharp correction of around 11% over the past two months, pulling back from…

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Stock Market

IPO News Today Live Updates on December 22, 2024: Upcoming IPOs: One Mainboard, Two SME IPOs to follow on Dalal Street next week; Eight stock listing in focus

IPO News Today Live Updates: Navigate the dynamic world of IPOs with our dedicated IPO News section. Here we bring you the latest updates on companies entering the public markets and provide insights into their financial strategies, valuation and market reception. Whether you’re an investor looking for new opportunities or simply curious about the financial…

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Stock Market

Home sales in December qtr fall by 21 percent in the top 9 cities; demand up 25% in NCR: PropEquity

New Delhi, Dec 21 (PTI) According to PropEquity, residential sales in nine major cities are expected to fall 21 per cent annually to 1.08 lakh units during the October-December period on a high base effect. Real estate data analytics firm PropEquity on Saturday released sales figures for India’s nine largest housing markets: Delhi-NCR, Mumbai, Navi…

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Stock Market

Credit quality is showing signs of peaking

(Bloomberg) — In 2022, after the Federal Reserve began raising interest rates at the fastest pace in decades, some leading U.S. companies pledged to reduce their debt burdens. Those days may now be over. BBB-rated companies increased their share buybacks in the latest quarter for the first time since early 2023 and accelerated capital expenditure…

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