Adani Ports to replace Wipro in Sensex from June 24; Trent to enter Sensex 50
Adani Ports will become the first stock from the 10-listed entities of Adani Group to enter the 30-pack Sensex.
Adani Ports will become the first stock from the 10-listed entities of Adani Group to enter the 30-pack Sensex.
Post Q4 numbers, most brokerages remained bullish on TCS, expecting the share price to rise up to 15% to ₹4,700 from the current market price.
In the last nine months, the mcap of all BSE-listed companies increased by ₹100 lakh crore to cross ₹400 lakh crore marks for the first time ever.
The midcap stock has zoomed 395% in less than a year, rebounding from its 52-week low of ₹234.53 touched on May 25, 2023.
The BSE IT index declined nearly 2% today, led by index heavyweights HCL Technologies, Wipro, Infosys, TCS, and Tech Mahindra.
Among the 30 constituents of Sensex, barring ITC, ICICI Bank, Kotak Bank, Bajaj Finance, and HDFC Bank, all heavyweights ended in negative terrain.
Extending gaining streak for the fourth straight session, TCS shares rose as much as 2.6% to scale a new peak of ₹4,229.30 on the BSE.
On Monday, the PSU stock gained 15% to hit a record high of ₹271.20, registering its biggest single-day surge since September 1 last year.
The top gainers on the BSE Sensex pack were Tata Steel, JSW Steel, Larsen & Toubro, Titan Company, and ICICI Bank, rising in the range of 3-5%.
Former SEBI chairman M Damodaran-led panel will work with the Paytm Board in further strengthening compliance and regulatory matters