Mumbai: The combined market valuation of 9 of the top-10 most valued firms climbed Rs 1,30,391.96 crore last week. Last week, the BSE Sensex advanced 1,511.15 points or 2.29%. Top gainers was Bharti Airtel and Tata Consultancy Services (TCS). The only loser was Reliance Industries.
Market valuationof Bharti Airtel rallied Rs 23,746.04 crore to Rs 5,70,466.88 crore. The market capitalisation (mcap) of TCS jumped by Rs 19,027.07 crore to Rs 12,84,180.67 crore. HDFC Bank added Rs 17,881.88 crore, taking its market valuation to Rs 11,80,588.59 crore. ITC’s mcap climbed Rs 15,159.02 crore to Rs 5,61,159.09 crore and that of Bajaj Finance soared Rs 14,480.29 crore to Rs 4,48,446.82 crore.
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The valuation of ICICI Bank surged Rs 12,085.42 crore to Rs 6,63,370.71 crore and that of Hindustan Unilever advanced Rs 11,348.53 crore to Rs 6,02,258.98 crore. The mcap of State Bank of India went up by Rs 10,307.92 crore to Rs 5,10,353.93 crore and that of Infosys climbed Rs 6,355.79 crore to Rs 6,02,747.01 crore.
Meanwhile, the market valuation of Reliance Industries declined by Rs 574.95 crore to Rs 16,19,332.44 crore.
In the ranking of top-10 firms, Reliance Industries retained the title of the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and Bajaj Finance.
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