It was a week of surge in combined market valuation of six of the top-10 most-valued firms in the country, with the total reaching ₹75,256.97 crore last week.
Tata Consultancy Services and Infosys emerged as the biggest winners, with the market valuation of Tata Consultancy Services (TCS) jumping ₹22,594.96 crore to ₹11,87,673.41 crore, and that of Infosys surging to ₹6,81,192.22 crore from ₹16,971.64 crore.
Last week, the BSE benchmark declined 338.3 points, or 0.39 per cent.
While Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Infosys, and Larsen & Toubro were the gainers, HDFC Bank, ICICI Bank, Bajaj Finance, and Life Insurance Corporation of India (LIC) faced erosion from their valuation.
The valuation of State Bank of India climbed ₹15,922.81 crore to ₹9,04,738.98 crore and that of Reliance Industries edged higher by ₹12,314.55 crore to ₹21,17,967.29 crore.
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The market capitalisation (mcap) of Bharti Airtel advanced ₹7,384.23 crore to ₹11,95,332.34 crore and that of Larsen & Toubro went up ₹68.78 crore to ₹5,60,439.16 crore.
However, the mcap of HDFC Bank tumbled ₹21,920.08 crore to ₹15,16,638.63 crore.
The valuation of LIC eroded by ₹9,614 crore to ₹5,39,206.05 crore.
ICICI Bank’s mcap declined by ₹8,427.61 crore to ₹9,68,240.54 crore and that of Bajaj Finance dipped ₹5,880.25 crore to ₹6,27,226.44 crore.
Reliance Industries remained the most-valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and LIC.
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