The combined market valuation of six of the top-10 valued firms eroded by Rs 70,325.5 crore last week, with HDFC Bank and ICICI Bank emerging as the worst-hit in line with a bearish trend in equities. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent. In the top-10 pack, Reliance Industries,…
Nine of the top-10 most valued firms together added Rs 2,34,565.53 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in-line with a buoyant trend in equities. Last week, the BSE benchmark surged 1,650.73 points or 2 per cent. From the top-10 pack, Infosys emerged as the only laggard, facing…
Foreign institutional investors (FIIs) have reversed their bullish stance from May and turned net sellers in Indian equities this month. According to exchange data, FIIs sold equities worth Rs 4,892 crore in the cash market through June 13, after investing Rs 19,860 crore in May. In sharp contrast, domestic institutional investors (DIIs) have remained consistent…
Infosys, India’s second-largest IT services firm, will announce its financial results for the first quarter of FY26 on July 23, 2025. In an exchange filing, the company said its Board of Directors will meet on July 22 and 23 to approve the audited consolidated financial results for the April–June quarter. Infosys will also host an…
The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline. The rupee closed at 84.4325 against the U.S. dollar, down 0.2% on the day. The offshore Chinese yuan retreated from a near six-month high hit on Monday on…