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Market capitalisation of 7 of top 10 companies surge by Rs 1.50 lakh crore

Mumbai: The combined market capitalisation (mcap) of 7 of the top 10 valued firms climbed Rs 1,50,679.28 crore last week.  Last week, the BSE Sensex advanced  890.05 points or 1.37%. The top gainers were Tata Consultancy Services (TCS),  Infosys, Reliance Industries,  HDFC Bank,  Hindustan Unilever, ITC and Bharti Airtel. The losers were  ICICI Bank, State Bank of India and Bajaj Finance.

The market valuation of TCS jumped Rs 62,148.99 crore to Rs 12,81,637.63 crore. TCS was the biggest gainer from the top 10 pack. The market capitalisation (mcap) of Infosys climbed Rs 28,616.98 crore to Rs 5,96,681.75 crore. The mcap of Reliance Industries rallied Rs 28,111.41 crore to Rs 15,93,893.03 crore and that of HDFC Bank surged Rs 11,136.61 crore to reach Rs 11,42,215.81 crore.

Also Read: Foreign portfolio investors invest Rs 1,433 crore in Indian equities in November so far

The market valuation of Hindustan Unilever advanced Rs 10,032.75 crore to Rs 5,94,317.36 crore and that of Bharti Airtel soared Rs 6,828.74 crore to Rs 5,32,585.63 crore. ITC added Rs 3,803.8 crore taking its valuation to Rs 5,47,808.43 crore.

However, the mcap of State Bank of India tumbled Rs 14,502.5 crore to Rs 5,02,589.52 crore and that of ICICI Bank fell by Rs 11,308.97 crore to Rs 6,46,254.41 crore.The market valuation of Bajaj Finance diminished by Rs 4,973.68 crore to Rs 4,46,169.40 crore.

Reliance Industries remained  as the most valued company followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, Bharti Airtel, State Bank of India and Bajaj Finance.

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