Finance
Last week, the market valuation of eight of the ten most valuable companies increased by Rs 1,35,794.06 crore, with State Bank of India and Reliance Industries Limited emerging as the biggest winners.
The 30-share BSE benchmark rose 995.45 points, or 1.66 percent, last week.
Hindustan Unilever Limited and Bharti Airtel were the top-ten laggards.
State Bank of India’s market capitalization increased by Rs 35,029.1 crore to Rs 5,47,257.19 crore.
Reliance Industries’ market capitalisation (mcap) increased by Rs 31,568.08 crore to Rs 17,23,979.45 crore.
Adani Enterprises’ valuation increased by Rs 24,898.33 crore to Rs 4,39,966.33 crore, while HDFC Bank’s increased by Rs 16,535.08 crore to Rs 9,07,505.41 crore.
The market capitalization of Tata Consultancy Services (TCS) increased by Rs 11,690.67 crore to Rs 11,92,576.32 crore, while that of ICICI Bank increased by Rs 8,221.94 crore to Rs 6,21,588.34 crore.
Infosys’ valuation increased by Rs 4,692.01 crore to Rs 6,34,873.16 crore, while HDFC’s increased by Rs 3,158.85 crore to Rs 4,81,437.47 crore.
Hindustan Unilever’s mcap fell by Rs 14,121.05 crore to Rs 6,01,436.62 crore, while Bharti Airtel’s fell by Rs 890.49 crore to Rs 4,48,977.72 crore.
TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises were the most valuable companies.
Last year, Dalal Street investors increased their wealth by more than Rs 16.38 lakh crore. The market capitalisation of BSE-listed companies zoomed Rs 16,38,036.38 crore to Rs 2,82,38,247.93 crore last year.
Source:BS
