Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer

Nine of 10 top firms add ₹1.88 lakh cr in market valuation; ITC biggest gainer


Nine of the 10 most valued firms together added 1.88 lakh crore in market valuation last week, with ITC emerging as the biggest gainer.

The 30-share BSE benchmark Sensex jumped 1,510.98 points or 2.54 per cent last week.

Barring Reliance Industries Limited, rest nine firms including Tata Consultancy Services (TCS), HDFC Bank, Infosys and ICICI Bank were the gainers from the top-10 list.

The combined market valuation gain of the nine firms was at 1,88,366.69 crore.

The market valuation of ITC rallied 43,321.81 crore to reach 4,72,353.27 crore.

Infosys added 34,043.38 crore, taking its valuation to 6,72,935.25 crore.

ICICI Bank’s market valuation jumped 32,239.66 crore to 6,02,749 crore and that of TCS zoomed 26,143.92 crore to 12,74,026.80 crore.

The market capitalisation (mcap) of HDFC Bank advanced 23,900.84 crore to 9,25,188.45 crore and that of Bharti Airtel climbed 10,432.23 crore to 4,42,015.45 crore.

The valuation of Hindustan Unilever went up by 7,988.61 crore to 6,21,678.35 crore and that of HDFC gained 6,503.28 crore to 4,92,313.07 crore.

State Bank of India’s mcap climbed 3,792.96 crore to 4,85,900.49 crore.

However, the mcap of Reliance Industries declined by 5,885.97 crore to 15,75,715.14 crore.

In the ranking of top-10 firms, Reliance Industries retained the title of the most valued domestic company, followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, State Bank of India, ITC and Bharti Airtel.



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