It was another week of surge in the combined market valuation of eight of the top 10 most-valued firms that jumped by ₹1,69,506.83 crore as the stock markets gained on an optimistic trend.
Last week, the BSE benchmark jumped 1,193.94 points or 1.47 per cent.
Bajaj Finance emerged as the biggest gainer in the top-10 pack, with the others being Reliance Industries, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, and Infosys. Hindustan Unilever Ltd and LIC faced erosion from their valuation.
The market valuation of Bajaj Finance jumped ₹40,788.38 crore to ₹6,24,239.65 crore, while Infosys added ₹33,736.83 crore, taking its valuation to ₹6,33,773.30 crore.
Also Read: Reliance, HDFC biggest laggards in mcap erosion of ₹2.24 lakh-cr
The market capitalisation (mcap) of Tata Consultancy Services (TCS) surged ₹30,970.83 crore to ₹11,33,926.72 crore and that of Reliance Industries zoomed ₹27,741.57 crore to ₹18,87,509.28 crore.
State Bank of India's valuation climbed ₹15,092.06 crore to ₹7,59,956.75 crore and that of ICICI Bank rallied ₹10,644.91 crore to ₹10,12,362.33 crore.
The mcap of HDFC Bank edged higher by ₹6,141.63 crore to ₹14,84,585.95 crore and that of Bharti Airtel went up by ₹4,390.62 crore to ₹10,85,737.87 crore.
However, the valuation of Hindustan Unilever dropped by ₹12,429.34 crore to ₹6,06,265.03 crore.
The mcap of Life Insurance Corporation of India (LIC) declined by ₹1,454.75 crore to ₹5,53,152.67 crore.
Reliance Industries remained the most valued firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.
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