Finance
Last week, the market valuation of nine of the ten most valuable companies increased by Rs 1.88 lakh crore, with ITC emerging as the biggest gainer.
Last week, the 30-share BSE Sensex gained 1,510.98 points, or 2.54%.
Except for Reliance Industries Limited, the top ten gainers included Tata Consultancy Services (TCS), HDFC Bank, Infosys, and ICICI Bank.
The total market valuation gain of the nine companies was Rs 1,88,366.69 crore.
ITC’s market capitalization increased by Rs 43,321.81 crore to Rs 4,72,353.27 crore.
Infosys increased its valuation to Rs 6,72,935.25 crore by adding Rs 34,043.38 crore.
The market value of ICICI Bank increased by Rs 32,239.66 crore to Rs 6,02,749 crore, while TCS increased by Rs 26,143.92 crore to Rs 12,74,026.80 crore.
HDFC Bank’s market capitalisation (mcap) increased by Rs 23,900.84 crore to Rs 9,25,188.45 crore, while Bharti Airtel’s increased by Rs 10,432.23 crore to Rs 4,42,015.45 crore.
Hindustan Unilever’s valuation increased by Rs 7,988.61 crore to Rs 6,21,678.35 crore, while HDFC’s increased by Rs 6,503.28 crore to Rs 4,92,313.07 crore.
The market capitalization of State Bank of India increased by Rs 3,792.96 crore to Rs 4,85,900.49 crore.
However, Reliance Industries’ mcap fell by Rs 5,885.97 crore to Rs 15,75,715.14 crore.
Reliance Industries remained the most valuable domestic company in the top-10 ranking, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, State Bank of India, ITC and Bharti Airtel.
Source:BS
