The combined market valuation of seven of the top 10 most valued companies surged by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers.
Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent.
The market capitalisation (mcap) of Reliance Industries surged by ₹66,985.25 crore to ₹16,90,328.70 crore.
Tata Consultancy Services (TCS) market valuation climbed by ₹46,094.44 crore to ₹13,06,599.95 crore. With this sharp rise in its market valuation, TCS again rose to the second rank in the top-10 most-valued firms chart.
The mcap of State Bank of India zoomed by ₹39,714.56 crore to ₹6,53,951.53 crore and that of Bharti Airtel advanced by ₹35,276.3 crore to ₹9,30,269.97 crore.
ITC’s market valuation rallied by ₹11,425.77 crore to ₹5,05,293.34 crore and that of ICICI Bank surged ₹7,939.13 crore to ₹8,57,743.03 crore.
Hindustan Unilever added ₹2,819.51 crore, taking its market capitalisation to ₹5,17,802.92 crore.
However, the mcap of HDFC Bank plunged by ₹31,832.92 crore to ₹12,92,578.39 crore and Bajaj Finance’s market valuation tanked by ₹8,535.74 to ₹5,20,981.25 crore.
The mcap of Infosys dipped by ₹955.12 crore to ₹7,00,047.10 crore.
Reliance Industries remained the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever and ITC.
