The stock market barometer, BSE Sensex, declined 1.47% for the week ended May 6, 2016. It had risen 1.04% in April 2016. Currently, the total Mcap of Sensex heavyweights stands at Rs. 42,66,693.87 crore, which is 44.55% of total market cap of all BSE-listed firms (Rs. 95,75,595 crore).
For More Update Visit www.capitalheight.com/about.php
Amidst an apparently weakening post budget rally due to
weak overseas cues and subdued corporate earnings for Q4 FY16, the Sensex firms
have lost Rs. 65,448.20 crore to their market capitalization (Mcap) in the
first week of May.
The stock market barometer, BSE Sensex, declined 1.47% for the week ended May 6, 2016. It had risen 1.04% in April 2016. Currently, the total Mcap of Sensex heavyweights stands at Rs. 42,66,693.87 crore, which is 44.55% of total market cap of all BSE-listed firms (Rs. 95,75,595 crore).
Firms like RIL, Infosys and TCS have seen their mcap eroding despite impressive Q4 numbers. Despite a record Q4 performance, the Mukesh Ambani-led Reliance Industries saw its Mcap plummeting by Rs. 6,953.91 crore in first trading week of the current month. With the total mcap standing at Rs. 3,11,429.15 crore, RIL is the second largest firm on BSE in terms of Mcap.
The stock market barometer, BSE Sensex, declined 1.47% for the week ended May 6, 2016. It had risen 1.04% in April 2016. Currently, the total Mcap of Sensex heavyweights stands at Rs. 42,66,693.87 crore, which is 44.55% of total market cap of all BSE-listed firms (Rs. 95,75,595 crore).
Firms like RIL, Infosys and TCS have seen their mcap eroding despite impressive Q4 numbers. Despite a record Q4 performance, the Mukesh Ambani-led Reliance Industries saw its Mcap plummeting by Rs. 6,953.91 crore in first trading week of the current month. With the total mcap standing at Rs. 3,11,429.15 crore, RIL is the second largest firm on BSE in terms of Mcap.
In May so far, total 23 Sensex firms saw seen their mcap nosediving. Among the
losers, ICICI Bank, APSEZ and ONGC have seen their Mcap eroding by Rs.
10,720.55 crore, Rs. 9,003.22 crore and Rs. 8,213.27 crore respectively.
Despite dominated by increasing volatility in the wake of
poor overseas cues, Indian equity markets witnessed renewed buying by the
mutual funds. The MFs pumped in Rs. 240.90 crore in equities as of May 4, as
per the Sebi data. However, they off-load to the tune of Rs. 791 crore in debt
segment. However, the foreign institutional investors were found booking
profits as their net outflows stood at Rs. 773.62 crore in the first week of
May.
