Finance
Five of the top ten most valuable companies added Rs 95,337.95 crore to their market valuations last week, with index heavyweight Reliance Industries Ltd contributing the most.
The BSE benchmark rose 319.87 points, or 0.52 percent, last week.
While Reliance Industries, ICICI Bank, HDFC, ITC, and Bharti Airtel were the top-10 gainers, the laggards were Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever, and State Bank of India.
Reliance Industries’ market capitalization increased by Rs 70,023.18 crore to Rs 16,50,677.12 crore.
The market capitalisation (mcap) of ITC increased by Rs 14,834.74 crore to Rs 4,75,767.12 crore.
ICICI Bank’s valuation increased by Rs 6,034.51 crore to Rs 6,01,920.14 crore, while Bharti Airtel’s increased by Rs 3,288.43 crore to Rs 4,32,763.25 crore.
HDFC’s market capitalization increased by Rs 1,157.09 crore to Rs 4,92,237.09 crore.
However, the value of State Bank of India fell by Rs 19,678.77 crore to Rs 4,73,807.64 crore.
Hindustan Unilever’s mcap fell by Rs 14,825.92 crore to Rs 5,90,933.95 crore, while Tata Consultancy Services’ fell by Rs 13,099.41 crore to Rs 12,80,539.91 crore.
Infosys’ valuation fell by Rs 10,309.8 crore to Rs 6,66,328.56 crore, while HDFC Bank’s fell by Rs 14.3 crore to Rs 9,23,919.15 crore.
Reliance Industries remained the most valuable company, followed by TCS, HDFC Bank, Infosys, ICICI Bank, and Hindustan Unilever, HDFC, ITC, State Bank of India and Bharti Airtel.
Source:BS
