Market valuation of seven most valued companies climbs Rs 67,259.99 crore; Reliance high gainer

Table of Contents

what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

Story continues beneath Commercial

The mixed market valuation of seven of the ten most valued companies climbed Rs 67,259.99 crore in a holiday-shortened final week, with Reliance Industries rising as the largest gainer, amid an total optimistic development in equities. Final week, the BSE benchmark climbed 819.41 factors or 1.12 per cent. Final week, the BSE benchmark climbed 819.41 factors or 1.12 per cent.
Markets noticed simply three buying and selling periods final week, as they have been closed on Monday for Holi and Good Friday on March 29. The valuation of Reliance Industries jumped Rs 45,262.59 crore to achieve Rs 20,14,010.63 crore.

Story continues beneath Commercial

The valuation of Reliance Industries jumped Rs 45,262.59 crore to achieve Rs 20,14,010.63 crore. State Financial institution of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore. The valuation of Life Insurance coverage Company of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Financial institution superior Rs 4,132.67 crore to Rs 7,69,542.65 crore.
The valuation of Life Insurance coverage Company of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Financial institution superior Rs 4,132.67 crore to Rs 7,69,542.65 crore. The market capitalisation (mcap) of HDFC Financial institution went up by Rs 4,029.69 crore to Rs 11,00,184.60 crore, and that of Hindustan Unilever climbed Rs 2,819.51 crore to Rs 5,32,946.04 crore.
ITC added Rs 264.15 crore, taking its mcap to Rs 5,35,032.74 crore. ITC added Rs 264.15 crore, taking its mcap to Rs 5,35,032.74 crore. Nevertheless, the mcap of Tata Consultancy Providers (TCS) declined by Rs 10,691.45 crore to Rs 14,05,102.38 crore, and that of Infosys went decrease by Rs 4,163.13 crore to Rs 6,22,117.38 crore. Bharti Airtel’s valuation dipped by Rs 3,817.18 crore to Rs 6,95,038.48 crore.

Story continues beneath Commercial

Bharti Airtel’s valuation dipped by Rs 3,817.18 crore to Rs 6,95,038.48 crore. Reliance Industries continued to rule the chart of essentially the most valued companies, adopted by TCS, HDFC Financial institution, ICICI Financial institution, Bharti Airtel, State Financial institution of India, Infosys, LIC, ITC and Hindustan Unilever.
Disclaimer: Moneycontrol is part of the Network18 group. Network18 is managed by Impartial Media Belief, of which Reliance Industries is the only beneficiary.

Uncover the most recent enterprise information, Sensex, and Nifty updates. Receive Private Finance insights, tax queries, and knowledgeable opinions on Moneycontrol or obtain the Moneycontrol App to remain up to date!

#Market #valuation #valued #companies #climbs #crore #Reliance #high #gainer

Leave a Reply