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Nine of the top 10 valued firms added Rs 3.35 lakh crore in their market valuation last week in tandem with a positive trend in equities, led by Reliance Industries. HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC were the gainers among the top 10 companies. Bharti Airtel was the only laggard.
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India Inc's Q4 earnings season intensifies with 81 firms, including ITC, Sun Pharma, ONGC, and Hindalco, set to report this week, offering insights into sectoral performance and future growth outlooks.
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Celebi Hava lost over Rs 2,500 crore in market value after India revoked security clearance citing national security. The company is pursuing legal remedies while denying political links and emphasizing its Indian operations.
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