icici bank

Markets

Market cap of 7 most valued firms climbs ₹67,259.99 crore

[ad_1] During the truncated holiday week, the collective market worth of seven out of the top 10 esteemed companies surged by ₹67,259.99 crore, with Reliance Industries emerging as the primary beneficiary amid a general bullish sentiment in the stock market. The BSE index experienced an ascent of 819.41 points or 1.12 percent over the week. Trading activity was limited to three sessions due to market closures on Monday for…

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Markets

ICICI Securities delisting: A course correction better late than never

[ad_1] The delisting of ICICI Securities (I-Sec) has been approved by over two-thirds of its public shareholders facilitating its transition into a wholly owned subsidiary of ICICI Bank. Notably, the listing in April 2018 did not yield any material benefit to the parent bank. Thus, the move seems like a course correction. This is also likely to be taken as a cue by its peers – HDFC Bank, Axis…

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Markets

Why Dalal Street’s one-time darlings are struggling to keep the romance going

[ad_1] HDFC Bank, HUL and Asian Paints have for long been the undisputed leaders of their industries. But the stocks’ recent spell of underperformance has starkly demonstrated the market’s most pervasive disclaimer—past performance is no guarantee of future results. And yes, size does matter. [ad_2] Source link

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