Comments
The combined market valuation of nine of the top-10 most valued firms climbed ₹1,30,391.96 crore last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers, amid an overall optimistic trend in equities.
Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per cent.
Barring Reliance Industries, nine other companies including HDFC Bank, ICICI Bank, Infosys and Hindustan Unilever witnessed addition in their market valuation.
Bharti Airtel's valuation rallied ₹23,746.04 crore to ₹5,70,466.88 crore.
The market capitalisation (mcap) of TCS jumped by ₹19,027.07 crore to reach ₹12,84,180.67 crore.
HDFC Bank added ₹17,881.88 crore, taking its market valuation to ₹11,80,588.59 crore.
ITC's mcap climbed ₹15,159.02 crore to ₹5,61,159.09 crore and that of Bajaj Finance soared ₹14,480.29 crore to ₹4,48,446.82 crore.
- Also read: Markets to focus on state elections outcome, global trends, RBI’s interest rate decision: Analysts
The valuation of ICICI Bank surged ₹12,085.42 crore to ₹6,63,370.71 crore and that of Hindustan Unilever advanced ₹11,348.53 crore to ₹6,02,258.98 crore.
The mcap of State Bank of India went up by ₹10,307.92 crore to ₹5,10,353.93 crore and that of Infosys climbed ₹6,355.79 crore to ₹6,02,747.01 crore.
However, the market valuation of Reliance Industries declined by ₹574.95 crore to ₹16,19,332.44 crore.
In the ranking of top-10 firms, Reliance Industries retained the title of the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and Bajaj Finance.
- Also read: Nifty 50, Sensex: Upmove gains momentum
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.