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M-cap of 4 of 10 most valued firms jumps over Rs 1.15 trn; RIL gains most

The valuation of Reliance Industries Limited jumped Rs 71,033.44 crore to reach Rs 12,99,363.47 crore, becoming the biggest gainer

Reliance
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Reliance’s performance has been driven by billions of dollars of investment in its businesses. (Bloomberg)

PTI
Four of the top 10 valued firms added a total Rs 1,15,758.53 crore to their combined market valuation last week, helped by Reliance Industries which added Rs 71,033.44 crore to its market cap. 

The BSE benchmark scaled the 50,000-mark for the first time on Thursday. Last week, the 30-share BSE benchmark dipped 156.13 points or 0.31 per cent. 

Reliance Industries Limited, Tata Consultancy Services (TCS), Hindustan Unilever Limited and Bajaj Finance witnessed a rally in their market valuation. 

On the other hand, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank and Bharti Airtel suffered cumulative loss of Rs 48,941.18