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The combined market valuation of seven of the top-10 most valued firms climbed Rs 96,200.95 crore last week, with Reliance Industries and Bajaj Finance stealing the show, in tandem with an optimistic trend in equities. Last week, the BSE benchmark climbed 474.75 points or 0.55 per cent. On Thursday, the Sensex hit a record high of 86,055.86. From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Hindustan Unilever were the gainers, while Bharti Airtel, Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) faced erosion from their valuation. Reliance Industries added Rs 28,282.86 crore, taking its market valuation to Rs 21,20,335.47 crore. The valuation of Bajaj Finance climbed Rs 20,347.52 crore to Rs 6,45,676.11 crore. HDFC Bank's valuation jumped Rs 13,611.11 crore to Rs 15,48,743.67 crore, and that of ICICI Bank surged by Rs 13,599.62 crore to Rs 9,92,725.97 crore. The market capitalisation (mca
The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities. In a holiday-shortened last week, the BSE benchmark tanked 722.43 points or 0.86 per cent, and the Nifty declined by 229.8 points or 0.89 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, Infosys and Hindustan Unilever faced erosion from their valuation, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) were the gainers from the top-10 pack. The market valuation of Bharti Airtel tumbled Rs 30,506.26 crore to Rs 11,41,048.30 crore. TCS faced an erosion of Rs 23,680.38 crore from its valuation, which stood at Rs 10,82,658.42 crore. The market capitalisation (mcap) of Hindustan Unilever dropped by Rs 12,253.12 crore to Rs 5,67,308.81 crore, and that of
The combined market valuation of eight of the top-10 most valued firms jumped by Rs 1,94,148.73 crore last week, with TCS emerging as the biggest gainer, in line with an optimistic trend at the Dalal Street. Last week, the BSE benchmark surged 1,293.65 points or 1.59 per cent. While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Bajaj Finance and Infosys were the gainers from the top-10 pack, Hindustan Unilever and Life Insurance Corporation of India (LIC) faced erosion from their market valuation. TCS added Rs 45,678.35 crore taking its market valuation to Rs 10,95,701.62 crore. The valuation of Infosys jumped Rs 28,125.29 crore to Rs 6,29,080.22 crore and that of HDFC Bank surged Rs 25,135.62 crore to Rs 15,07,025.19 crore. Bharti Airtel's market valuation zoomed Rs 25,089.27 crore to Rs 11,05,980.35 crore. The market capitalisation (mcap) of Reliance Industries climbed Rs 25,035.08 crore to Rs 18,70,120.06 crore