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Mcap of 7 out of top-10 valued firms surges ₹2.10 lakh crore; RIL, TCS biggest gainers

The combined market valuation of seven of the top 10 most valuable companies increased by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services (TCS) leading the gains. During the same period, the BSE Sensex rose by 1,134.48 points (1.55%), while the NSE Nifty climbed 427.8 points (1.93%). Reliance Industries’ market capitalisation surged...
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Nifty logs best week in 3 months, valuations hit multi-year lows: Bear case scenarios point to THESE year-end levels

Equity benchmark indices Sensex and Nifty surrendered early gains to close almost flat in a volatile trade on Friday as uncertainties over the global trade war sapped investors’ risk appetite. Benchmark index Nifty 50 logged its best week in three months, led by heavyweight Reliance Industries and metal stocks, as losses in the past three...
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Penny stock under Re 1: NBFC to foray into alternate investment fund biz with ₹50 crore initial investment

Penny stock under Re 1: Standard Capital Markets Limited announced on Saturday, March 8, that it conducted its board meeting where the members decided that the non-banking financial company (NBFC) will foray into alternate investment fund (AIF) business with an initial investment of ₹50 crore. The Company to sponsor Alternative Investment Fund (AIF) – Category...
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