market surge – Artifex.News https://artifex.news Stay Connected. Stay Informed. Sun, 02 Nov 2025 08:35:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png market surge – Artifex.News https://artifex.news 32 32 MCap of four of top 10 valued firms jumps by ₹95,447 crore; Reliance biggest gainer https://artifex.news/article70232134-ece/ Sun, 02 Nov 2025 08:35:00 +0000 https://artifex.news/article70232134-ece/ Read More “MCap of four of top 10 valued firms jumps by ₹95,447 crore; Reliance biggest gainer” »

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Image used for representation purposes only. File
| Photo Credit: Reuters

The combined market valuation of four of the top 10 valued firms jumped by ₹95,447.38 crore last week, with Reliance Industries emerging as the biggest gainer.

From the top-10 pack, Reliance Industries, Bharti Airtel, State Bank of India, and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys, and Hindustan Unilever faced a combined erosion of ₹91,685.94 crore from their valuation.

The market valuation of Reliance Industries surged by ₹47,431.32 crore to ₹20,11,602.06 crore. State Bank of India added ₹30,091.82 crore to take its valuation to ₹8,64,908.87 crore.

The market capitalisation (MCap) of Bharti Airtel climbed ₹14,540.37 crore to ₹1,71,554.56 crore and that of LIC by ₹3,383.87 crore to ₹5,65,897.54 crore.

However, the valuation of Bajaj Finance tumbled ₹29,090.12 crore to ₹6,48,756.24 crore. The Map of ICICI Bank tanked by ₹21,618.9 crore to ₹9,61,127.86 crore.

The valuation of Infosys dropped by ₹17,822.38 crore to ₹6,15,890 crore and that of Hindustan Unilever eroded by ₹11,924.17 crore to ₹5,79,561.93 crore.

The MCap of HDFC Bank declined by ₹9,547.96 crore to ₹15,18,679.14 crore and that of TCS dipped by ₹1,682.41 crore to ₹11,06,338.80 crore.

Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever and LIC.



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Sensex falls 453 points, Nifty down 126 in early trade https://artifex.news/article67233901-ece/ Fri, 25 Aug 2023 05:16:04 +0000 https://artifex.news/article67233901-ece/ Read More “Sensex falls 453 points, Nifty down 126 in early trade” »

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A traffic signal in the foreground of the Bombay Stock Exchange on Dalal Street seems to reflect the mood of the stock markets in Mumbai.
| Photo Credit: The Hindu

The equity benchmark indices fell in early trade on Friday, August 25, 2023, amid a weak trend in global markets.

The BSE Sensex fell 452.68 points to 64,799.66. The NSE Nifty declined 125.95 points to 19,260.75.

From the Sensex pack, Jio Financial Services Ltd fell 4.98 per cent to touch the lower circuit limit of Rs 205.15, falling for the fifth day running. IndusInd Bank, Larsen & Toubro, Bharti Airtel, Axis Bank, UltraTech Cement and ITC were among the other laggards.

Bajaj Finserv, Tata Motors, Asian Paints and Maruti were among the gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in negative territory.

The US markets ended lower on Thursday.

“The message from Fed chief Jerome Powell tonight will be keenly watched for any clues on the future trajectory of interest rates in the US,” said V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Global oil benchmark Brent crude climbed 0.20 per cent to $83.53 a barrel.

Foreign Institutional Investors (FIIs) were buyers on August 24 as they bought equities worth ₹1,524.87 crore, according to exchange data.

“Traders will continue to maintain caution and may trim their equity exposure in case the global mood worsens ahead of Federal Reserve Chairman Jerome Powell’s speech at the annual Fed Jackson Hole symposium later today.

“Traders would gauge from the Fed’s speech whether inflation continues to remain a challenge and more rate hikes could be in the offing going ahead,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

The BSE benchmark had pared early gains to settle 180.96 points or 0.28 per cent lower at 65,252.34 on Thursday. The Nifty declined 57.30 points or 0.29 per cent to settle at 19,386.70.



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