Sun, Jan 16, 2022 10:47 AM
Top 7 most valued firms add Rs 1.31 lakh cr in m-cap; HUL, TCS top gainers
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The ongoing fourth quarter earnings season, global factors and macroeconomic data would guide the trends in the equity markets this week, analysts said. Markets would also take cues from trading activity of foreign investors, rupee-dollar trend and movement of global oil benchmark Brent crude. Last week, the BSE benchmark climbed 147.99 points or 0.20 percent.
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This week is packed with notable corporate actions. HDFC Bank, HCL Technologies, Oracle Financial Services Software, Laurus Labs, UCO Bank, and Bank of Maharashtra are set to go ex-dividend, while Ajooni Biotech and Sanginita Chemicals have their rights issue ex-date scheduled. On Monday, May 6, John Cockerill India (Rs 7/share) will go ex-dividend.
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In last 12 months large-cap category has witnessed outflow of Rs. 615 crore whereas mid-cap category has witnessed inflow of Rs. 22,250 crore. Interestingly, large & mid-cap category together witnessed an inflow of Rs. 22,450 crore. This data highlights that there are a lot of investors who prefer the combination of largecaps and midcaps over large-cap category for various reasons.
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