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Dalal Street investors become richer by Rs 6 lakh cr as markets rally

Investors wealth climbed Rs 6 lakh crore on Monday, with the BSE Sensex rallying nearly 2 per cent, driven by heavy buying in Reliance Industries and a rally in Asian markets. The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22.
Hong Kong Soult Ukpyolsi South Korea Vinod Nair Prashanth Tapse Tata Consultancy Services

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Sema4.ai Raises $30.5 Million to Bring Open Source Powered AI to Mission-Critical Enterprise Work

Sema4.ai is on a mission to build intelligent agents that transform how knowledge workers collaborate with AI. Led by open source pioneers and fueled by $30.5M from investors, including Benchmark, Mayfield, and Canvas Ventures, Sema4.ai is poised to become the leader in the $88B autonomous agent market. Today, the company announced the acquisition of open source automation innovator Robocorp, accelerating their position to build, run, and manage intelligent agents for the enterprise., , , , Fo....
Rob Bearden Peter Fenton Natalie Bartels Paul Codding Antti Karjalainen Navin Chaddha

7 of top-10 most-valued firms erode Rs 1.16 lakh crore in m-cap; HDFC Bank biggest laggard

โ€‹The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 1.16 lakh crore last week, with HDFC Bank emerging as the biggest laggard. In the holiday-shortened week, the BSE benchmark fell by 982.56 points or 1.37 per cent.
India General Bharti Airtel Reliance Industries Life Insurance Corporation Of India Tata Consultancy Services Life Insurance Corporation

FPIs take out Rs 24,700 cr from equities on rising US bond yields

Foreign Portfolio Investors (FPIs) have dumped Indian equities worth Rs 24,700 crore so far this month, owing to surging bond yield in the US. On the other hand, they are bullish on the debt market and infused Rs 17,120 crore in the debt market during the period under review, data with the depositories showed.
Geojit Vijayakumar Himanshu Srivastava Jp Morgan Chase Co Investment Strategist At Geojit Financial Services Research At Morningstar Investment India Foreign Portfolio Investors

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