Bajaj Finance and Kotak Mahindra Bank witnessed a decline in their market capitalisation (mcap). The mcap of Tata Consultancy Services zoomed Rs 30,961.06 crore to Rs 12,50,538.30 crore, the most among the top-10 firms. Infosys added Rs 29,807.59 crore to its valuation which stood at Rs 6,70,915.93 crore last week. The market valuation of HDFC Bank jumped Rs 19,838.88 crore to Rs 8,36,426.69 crore and that of State Bank of India by Rs 14,234.76 crore to Rs 3,82,642.72 crore. ICICI Bank s valuation rose by Rs 12,775.99 crore to Rs 4,49,166.77 crore and that of HDFC by Rs 3,602.22 crore to Rs 4,52,778.40 crore.
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Fed Chairman Jerome Powell s testimony before the US Congress, month expiry of derivative contracts and Reliance Industries 44th annual general meeting kept the volatility high across the bourses.
New Delhi: The domestic equity market witnessed a volatile week in which benchmark indices managed to end up with gains. Both BSE Sensex and NSE Nifty gained as much as a percent each, thanks to buying in IT, metal and capital goods counters.
The market continued to witness whipsaws this week, but remained within range as the broader sentiment showed restraint given the absence of any significant developments across both macros and company-specific domains.
We are waiting to source solar panels from Reliance: JSW Energy
June 27, 2021
Prashant Jain, MD×
Spike in solar panel prices will have an impact on power tariffs in future bids, says Prashant Jain, Joint Managing Director, JSW Energy
After reducing debt substantially, JSW Energy has hit the growth button with a Rs 75,000-crore investment plan. The company has reduced receivables from power distribution companies by 38 per cent to Rs 1,300 crore as of March-end. With the revival in demand, the company is focusing on green energy for future expansion. Joint Managing Director, JSW Energy, Prashant Jain, spoke to
BusinessLine on its future plans. Excerpts:
Mcap of 6 of top 10 firms soars over Rs 1 11 lakh crore; Tata Consultancy Services, Infosys lead gainers freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.