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- Business Brief: Bharti Airtel Market Cap Fall | Top Companies Value Drop
New Delhi1 hour ago
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Yesterday’s big news was related to Bharti Airtel. The value of 6 of the country’s 10 largest companies in terms of market cap declined by Rs 64,734.46 crore in last week’s trading. During this period, the value of Bharti Airtel decreased the most.
Before tomorrow’s big news, these are today’s headlines…
- There may be a decline in the stock market today.
- RBI MPC meeting will start from today.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Value of 6 out of top-10 companies decreased by ₹ 64,734 crore: Airtel was the top loser, value decreased by ₹ 30 thousand crore; Market cap of ICICI Bank also decreased
The value of 6 of the country’s 10 largest companies in terms of market cap declined by Rs 64,734.46 crore in last week’s trading. This decline has occurred due to tension in the Middle East and Israel-Iran war.
During this period, the value of Bharti Airtel decreased the most. Bharti Airtel’s market cap declined by Rs 29,993.07 crore to Rs 10.20 lakh crore. ICICI Bank’s market value declined by ₹12,845.81 crore to ₹8.70 lakh crore.
Click here to read the full news…
2. Less possibility of change in interest rate in RBI meeting: SBI Research-Global uncertainty and crude oil prices are the reason, currently repo rate at 5.25%
The Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) is scheduled to be held on April 6-8. The market was hoping that this time there might be some relief in interest rates, but the increasing tension in West Asia has changed the equation.
According to the latest report of SBI Research, in view of global uncertainty and rise in crude oil prices, RBI will not make any change in the repo rate at present. Even in the previous meeting held in February, there was no change in the interest rate. Currently the interest rate is at 5.25%.
Click here to read the full news…
3. Trump said – Trouble is about to hit Iran: Will Sensex-Nifty rise or fall for the third consecutive day? Market depends on 5 factors
There may be huge fluctuations in the market in the week starting from 6th April. Factors like US President’s threat to Iran, unstable crude oil prices, activity of foreign investors and global market movements will decide the direction of the market.
The stock market had closed higher on the last two trading sessions i.e. Wednesday and Thursday. It was closed on Friday due to Good Friday. After two consecutive days of rise, will the market be able to maintain this rise? Let us understand…
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4. Claim- There were hundreds of messages and emails between Epstein and Anil Ambani: The sex offender declared himself a White House insider, gave information related to appointments and foreign policy.
American sex criminal Jeffrey Epstein had presented himself to industrialist Anil Ambani in 2017 as an ‘insider’ of the White House of Donald Trump’s first term. According to the New York Times report, there were hundreds of messages and emails between the two for two years.
In these, Epstein shared information related to the appointment and foreign policy of the Trump administration, which later turned out to be correct. However, no evidence was found that Epstein had direct access to the White House.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of stock market and gold and silver on Thursday…
Know the latest price of petrol, diesel and domestic gas cylinder…
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