Finance
Last week, nine of the top ten valued firms added Rs 79,798.3 crore in market valuation, with IT behemoths Tata Consultancy Services (TCS) and Infosys emerging as the biggest winners.
The 30-share BSE Sensex gained 630.16 points, or 1%, in the previous week. On Friday, the barometer closed at a new record high of 62,293.64.
Except for Adani Enterprises, all of the top ten most valuable companies, including Reliance Industries, HDFC Bank, ICICI Bank, and Hindustan Unilever Limited, saw increases in valuation.
TCS’s market capitalization increased by Rs 17,215.83 crore to Rs 12,39,997.62 crore. Infosys increased its valuation to Rs 6,86,211.59 crore by adding Rs 15,946.6 crore.
Reliance Industries’ market capitalization increased by Rs 13,192.48 crore to Rs 17,70,532.20 crore, while Hindustan Unilever’s increased by Rs 12,535.07 crore to Rs 5,95,997.32 crore.
The market capitalisation (mcap) of ICICI Bank increased by Rs 6,463.34 crore to Rs 6,48,362.25 crore, while that of Bharti Airtel increased by Rs 5,451.97 crore to Rs 4,71,094.46 crore.
The market capitalization of State Bank of India increased by Rs 4,283.81 crore to Rs 5,42,125.54 crore, while that of HDFC increased by Rs 2,674.47 crore to Rs 4,87,908.63 crore.
HDFC Bank’s market capitalisation increased by Rs 2,034.73 crore to Rs 9,01,523.93 crore.
Reliance Industries topped the list of the most valuable companies, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises.
However, Adani Enterprises valuation plunged Rs 13,281.01 crore to Rs 4,44,982.34 crore.
Source:BS
