Nine of top 10 valued firms add Rs 95,522 Cr to market valuation; Reliance, TCS lead gainers
The market capitalisation of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore.
The combined market valuation of nine of the top 10 most valued firms jumped by Rs 95,522.81 crore last week, with , , and HUL emerging as the biggest gainers.
Rising for the fourth straight session, the 30-share BSE Sensex ended 33.02 points or 0.04% higher at 81,086.21 on Friday. Last week, the BSE benchmark jumped 649.37 points or 0.80%.
The market capitalisation (Mcap) of Reliance Industries surged by Rs 29,634.27 crore to Rs 20,29,710.68 crore.
The valuation of TCS jumped Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever by Rs 15,225.36 crore to Rs 6,61,151.49 crore.
The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore.
ITC soared Rs 3,965.14 crore to Rs 6,32,364.24 crore, while State Bank of India added Rs 2,498.89 crore to Rs 7,27,578.99 crore.
In addition, the valuation of Life Insurance Corporation of India jumped by Rs 1,992.37 crore to Rs 6,71,050.63 crore and that of Infosys by Rs 1,245.64 crore to Rs 7,73,269.13 crore.
However, the Mcap of HDFC Bank plunged by Rs 4,835.34 crore to Rs 12,38,606.19 crore.
Reliance Industries retained the title of the most valued firm, followed by TCS, , Bharti Airtel, , , , LIC, and ITC.
Edited by Suman Singh
