Bharti Airtel dépasse brièvement HDFC Bank en valeur boursière

Bharti Airtel a brièvement dépassé HDFC Bank lundi pour devenir la deuxième entreprise la plus valorisée d'Inde en termes de capitalisation boursière. L'opérateur de télécommunications a atteint une valeur de 11,9 billions de roupies avant que HDFC Bank ne récupère sa place à la clôture du marché.

Ce changement s'est produit dans un contexte de sous-performance générale des leaders traditionnels du marché dans des secteurs tels que les technologies de l'information et la banque. Les gains de Bharti Airtel ont mis en évidence l'évolution des préférences des investisseurs à Dalal Street au cours de la séance de négociation.

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Indian benchmarks plunge over 3% in biggest single-day drop in nearly two years amid Middle East attacks and HDFC Bank slump

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Indian equity benchmarks Nifty 50 and Sensex crashed more than 3% on Thursday, their steepest single-day decline since June 2024, closing at 23,002.15 and 74,207.24 respectively. Escalating West Asia conflicts drove crude above $110 a barrel, stoking inflation fears, while HDFC Bank shares tumbled over 5% following chairman Atanu Chakraborty's resignation.

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Several brokerages have identified 10 largecap stocks in India with significant upside potential despite rising oil prices from the US-Iran war. Crude oil has surpassed $125 per barrel, fueling inflation fears and market uncertainty. Stocks like HDFC Bank and Bharti Airtel top the lists from firms including Jefferies and Axis Direct.

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Despite weakness in the broader market due to escalating Middle East tensions and hawkish US Federal Reserve signals, certain smallcap stocks in India posted strong gains of up to 41% over five sessions. Crude oil prices rose above $110 per barrel, raising inflation concerns. A selective rally highlighted top performers across various sectors.

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India's small-cap stocks surged 17.1% in April, marking their best monthly performance in at least a decade. The Nifty Smallcap 250 index rebounded sharply after a steep sell-off in March. Local investors snapped up undervalued stocks with strong growth potential.

 

 

 

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