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Market capitalisation of 8 of top-10 most valued firms zooms Rs 1.9 trn

Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment

Topics
Indian stock markets | Indian companies | Indian Economy

Press Trust of India 

People walk past the Bombay Stock Exchange (BSE) building in Mumbai. Photo: Reuters
People walk past the Bombay Stock Exchange (BSE) building in Mumbai

The combined market valuation of eight of the top-10 most valued companies zoomed Rs 1.9 trillion last week, with emerging as the biggest gainer, reflecting bullish investor sentiment.

While Reliance Industries Ltd (RIL) and (TCS) witnessed erosion in their market capitalisation, rest of the eight companies including Hindustan Unilever Limited, HDFC, and emerged as gainers.

The market valuation of jumped Rs 35,878.56 crore to Rs 2,63,538.56 crore, becoming the biggest gainer among the top-10 most valued firms.

added Rs 34,077.46 crore to its market valuation, taking it to Rs 7,54,025.75 crore, while HDFC's market capitalisation jumped Rs 31,989.44 crore to Rs 4,15,761.38 crore.

ICICI Bank's valuation rose Rs 30,142.34 crore to Rs 3,35,771.38 crore, while that of gained Rs 22,156.31 crore to Rs 5,14,223.88 crore.

The valuation of jumped Rs 17,266.84 crore to Rs 2,62,630.53 crore and that of rose Rs 10,520.48 crore to reach Rs 3,50,501.27 crore.

added Rs 8,540.12 crore to its market valuation, taking it to Rs 4,82,783.05 crore.

chart

In contrast, the market capitalisation of eroded by Rs 18,392.74 crore to Rs 13,53,624.69 crore.

The valuation of TCS tumbled Rs 14,090.21 crore to Rs 10,02,149.38 crore.

led the chart of top-10 most valued companies, followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, and

Over the past week, the 30-share BSE Sensex jumped 1,744.92 points or 4.16 per cent.

Domestic conducted a special one-hour Muhurat trading session on Diwali.

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First Published: Sun, November 15 2020. 14:00 IST
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