Top 50 Stocks' Share in Total Market Cap Hits All-Time Low: Report
Siddhant Kumar -
The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of total market capitalisation. The share of the top 50 or top 10 stocks relative to the total market has hit an all-time low, presenting a rare opportunity for investors."
Sensex and Nifty Hold Steady as Global Cues Remain Mixed
Anurima Das -
Broader market trends remained positive. In the National Stock Exchange (NSE), 1,122 shares were in the green and 1,083 shares in the red.
US Recession Fears Trigger 10% Drop in Global Markets
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According to South Korea's Yonhap news agency, trade in the local benchmark KOSPI 200 index was temporarily suspended for five minutes due to its sharp crash.
India Leads Top 5 Stock Markets with Market Cap Surpassing $5.5 Trillion
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In comparison, the US stock market moved up by 13.50 percent during this period, Hong Kong by 4.15 percent, Japan by 4.02 percent, while that of China dropped by 13.61 percent.
NRI Forex Deposits Quadruple to $2.7 Billion in April-May
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These large infusions of foreign exchange have also brought strength to the rupee. The RBI's report says that the rupee is the most stable major currency at present.
Blaze Engulfs Copenhagen's Iconic Historic Stock Exchange
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As smoke billowed and flames licked the sky, authorities swiftly cordoned off surrounding streets, bracing for the battle ahead. This wasn't just a fire; it was a threat to a cherished piece of Copenhagen's architectural heritage.
Adani Stocks Propel LIC Investments with 59% Surge in Value
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According to data from stock exchanges, the value of LIC's investments in seven Adani group companies has escalated from Rs 38,471 crore as of March 31, 2023, to Rs 61,210 crore on March 31, 2024, marking a noteworthy increase of Rs 22,378 crore.
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