market valuation

India's top companies saw a significant market valuation surge last week, with Reliance Industries leading the gains. Despite a volatile trading period, the BSE Sensex managed a modest advance. While several giants added billions, others like Bharti Airtel and Hindustan Unilever experienced notable dips. Analysts point to global optimism and domestic buying as drivers for the market's recovery.

A new wave of tech IPOs is poised to create a generation of employee millionaires, mirroring past Silicon Valley booms. Companies like SpaceX, OpenAI, and Stripe are preparing for public listings, with valuations in the billions, offering significant payouts to their equity-rich staff.

Indian markets experienced a significant downturn last week, with the top 10 most valued firms losing Rs 3.12 lakh crore. Geopolitical tensions, a weakening rupee, and rising inflation, exacerbated by surging crude oil prices, drove the decline. Reliance Industries saw the steepest fall, while Bharti Airtel was the sole gainer among the giants.

According to data compiled by Bloomberg, Taiwan’s overall market capitalisation rose to $4.95 trillion as of Monday, while India’s market value declined to $4.92 trillion.

For fuel, price hikes will do the job. For rupee, a hike in interest rates, one-time dollar bonds issue for NRIs & capital gains tax rejig will do the trick. Remember, our macros are just fine

The exuberance of Indian investors has pushed valuations so high that MNCs as well as PE/VC funds are seizing the opportunity to exit

SpaceX made $19bn, lost $5bn, and is asking investors to find $2trn of value somewhere between Starlink, AI, Mars and vibes

Vigilance officials unearthed extensive landed and immovable assets belonging to executive engineer Bhubaneswar Sabar in Kalahandi district. Searches revealed 68 plots of land, five multi-storey buildings, two farmhouses, a market complex, and vehicles. Sabar, facing allegations of disproportionate assets, joined government service in 1999.

NSE Report Shows 38.6% Jump In Equity Cash Turnover Amid Strong April Rally

NISM and IICA have signed an MoU to bolster corporate governance, ESG frameworks, and India's capital markets. This collaboration will focus on capacity building, research, and training to foster a more transparent financial ecosystem, including specialized programs for Sebi officials and MSME access to capital.

The Indian VCs behind Silicon Valley’s two new religions – SpaceX and OpenAI

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for a monumental IPO, potentially the largest in Wall Street history. The company's $1.25 trillion valuation could significantly boost Musk's net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.

Amazon founder Jeff Bezos dismissed fears of an AI bubble, stating that even if current valuations are unsustainable, the long-term benefits will outweigh the risks. He likened the AI boom to the 1990s biotech bubble, where initial losses led to significant advancements.

Jefferies raised Bharti Airtel's target price to Rs 2,350 on strong Q4FY26 performance, while JP Morgan upgraded Cipla to overweight citing improved earnings visibility and attractive valuations. Morgan Stanley maintained an underweight rating on Dixon Technologies due to revenue and EBITDA misses, and HDFC Securities upgraded Hyundai Motor India to add, noting management's renewed focus on domestic growth and exports.

SpaceX's potential IPO is sparking concerns among Tesla investors. They fear Elon Musk's focus might shift from the EV maker to his space venture, impacting Tesla's growth. With SpaceX potentially valued at $1.75 trillion, it could offer a purer AI and innovation bet, raising the bar for Tesla's ambitious projects like robotaxis and humanoid robots.

Anthropic CEO Dario Amodei told WSJ at the World Economic Forum in Davos that software is heading toward being "cheap, maybe essentially free," warning that whole careers built around writing code may not survive the AI shift. The Anthropic chief executive also predicted SaaS incumbents leaning on code complexity as a moat could "go bust" as ServiceNow, Snowflake and Microsoft stocks slide and Anthropic eyes a $900 billion valuation.

IPL chairman Arun Dhumal tells TOI that other boards are starting leagues for revenue as bilaterals are not adding enough value, allays fears over depreciating media rights value next year, and maintains that BCCI will maintain good relations with boards after the Mustafizur Rahman fiasco.

Anthropic employees refused to sell their shares at the $350 billion tender offer earlier this year, and now we know why. The Claude maker has agreed a fresh $30 billion funding round at a $900 billion valuation, the Financial Times reported, nearly tripling its worth in three months. With revenue at $30 billion and an IPO expected by October, staff are sitting on a payday.

OpenAI is reportedly preparing to file for an initial public offering as early as this week, working with Goldman Sachs and Morgan Stanley on the paperwork. This significant move for the AI industry could see shares sold to the public by September, following a court's rejection of Elon Musk's lawsuit.

Billionaire investors Bill Ackman and Sir Christopher Hohn are at odds over Microsoft's future, specifically concerning AI's impact. While Hohn sees AI as a threat to Microsoft's core products, Ackman views the company as central to the AI revolution and has initiated a significant investment, believing its current valuation is attractive for long-term growth.

NHL trade rumors are heating up as free agency approaches, and Alex Tuch of the Buffalo Sabres is reportedly in the Edmonton Oilers’ crosshairs. Recent rumors suggest Tuch’s contract value is taking a hit due to his inconsistent play in the playoffs. It’s an opportunity for Edmonton, who are searching for top-six scoring depth and tight salary cap restrictions and roster restructuring needs.