New Delhi: The combined market valuation of nine of the top 10 most valued companies rose by Rs 95,522.81 crore last week, with Reliance Industries, TCS and HUL emerging as the biggest gainers.
The 30-share benchmark BSE Sensex rose for the fourth consecutive session and closed 33.02 points or 0.04 per cent higher at 81,086.21 on Friday. Last week, the benchmark BSE index rose 649.37 points or 0.80 per cent.
Reliance Industries’ market capitalisation (Mcap) rose by Rs 29,634.27 crore to Rs 20,29,710.68 crore. TCS’s valuation rose by 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.
Bharti Airtel’s Mcap rose 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 by 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.
Additionally, the valuation of Life Insurance Corporation of India increased 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, HDFC Bank’s market capitalisation plummeted by Rs 4,835.34 crore to Rs 1,238,606.19 crore. Reliance Industries retained the title of the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
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