Last week, the market capitalisation of seven of the top 10 most valued companies saw a combined surge of ₹2,10,254.96 crore. The biggest gainers were Reliance Industries and Tata Consultancy Services.
During the week, the BSE Sensex rose by 1,134.48 points (1.55 per cent) and the NSE Nifty climbed 427.8 points (1.93 per cent).
Reliance Industries’ market valuation surged by ₹66,985.25 crore to reach ₹16,90,328.70 crore. Meanwhile, Tata Consultancy Services saw its market valuation increase by ₹46,094.44 crore to ₹13,06,599.95 crore, regaining its position as the second most valued firm.
State Bank of India witnessed a zoom in market capitalisation by ₹39,714.56 crore, reaching ₹6,53,951.53 crore. Bharti Airtel’s market valuation advanced by ₹35,276.3 crore to ₹9,30,269.97 crore.
ITC saw a rally in its market valuation by ₹11,425.77 crore to ₹5,05,293.34 crore, while ICICI Bank’s market capitalisation surged by ₹7,939.13 crore to ₹8,57,743.03 crore.
Hindustan Unilever added ₹2,819.51 crore to its market capitalisation, bringing it to ₹5,17,802.92 crore.
On the other hand, HDFC Bank witnessed a plunge in market capitalisation by ₹31,832.92 crore to ₹12,92,578.39 crore, and Bajaj Finance’s market valuation tanked by ₹8,535.74 crore to ₹5,20,981.25 crore.
Lastly, Infosys saw a decrease in market capitalisation by ₹955.12 crore to ₹7,00,047.10 crore.
Reliance Industries remained the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever, and ITC.
