Day: August 11, 2023

Mcap of seven of top 10 firms declines by Rs 80,200 crore; TCS, HDFC Bank biggest laggardsMcap of seven of top 10 firms declines by Rs 80,200 crore; TCS, HDFC Bank biggest laggards

The combined market valuation of seven of the top 10 valued firms declined by Rs 80,200.24 crore last week amid a weak trend in equities, with Tata Consultancy Services and HDFC Bank emerging as the biggest laggards. In a holiday-shortened last week, the BSE benchmark fell by 373.99 points or 0.57 per cent. From the […]

Global Markets: Asian shares set for worst month since Feb on China gloomGlobal Markets: Asian shares set for worst month since Feb on China gloom

Asian shares were set for the worst month since February, with sentiment hurt by still-gloomy China factory activity, while investors were also cautious ahead of a barrage of U.S. data that could add to bets that interest rates have peaked. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1% but was still headed for […]