Four of top 10 most-valued firms add over Rs 81,000 crore
Last week, four of the top 10 most-valued firms together added Rs 81,151.31 crore in market valuation. ICICI Bank and HDFC Bank emerged as the biggest gainers.
Last week, four of the top 10 most-valued firms together added Rs 81,151.31 crore in market valuation. ICICI Bank and HDFC Bank emerged as the biggest gainers.
The size of the IPO of HDB Financial Services Ltd (HDBFS) will be Rs 12,500 crore, including a fresh issue of Rs 2,500 crore, the bank said in a regulatory filing.
India equity indices closed in the deep red on Thursday amid conflict in the Middle East.
The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week.
At 9.39 a.m., Sensex was up 687 points or 0.83 per cent at 83,635 and Nifty was up 197 points or 0.78 per cent at 25,575.
The scheme comes with a 2 per cent interest subvention and is a five-year tenor of which the first year gets a payment moratorium.
The bank has been penalised for two major outages, one in November 2018 and the other in December 2019.
Of the 30 components of Sensex, three closed in the red including Tech Mahindra, ITC and M&M, shedding up to 0.54 per cent.
Bank’s deposits also witnessed a 19.1 per cent rise while the share of low-cost current and savings account deposits stood at 43 per cent.
The peer-to-peer (P2P) payment feature is available now in 10 Indian regional language versions of WhatsApp.
