The combined market valuation of eight of the top 10 most valued companies surged by ₹2,05,185.08 crore last week, with Bharti Airtel and Reliance Industries emerging as the biggest gainers.
Last week, the BSE Sensex appreciated by 1,346.5 points, or 1.62 per cent, and the NSE Nifty rose 417.75 points, or 1.64 per cent. Markets staged a strong rebound during the week, ending firmly in the green after the recent phase of weakness.
The market capitalisation of Bharti Airtel surged by ₹55,652.54 crore to ₹11,96,700.84 crore.
Reliance Industries Ltd’s market valuation jumped by ₹54,941.84 crore to ₹20,55,379.61 crore.
The mcap of Tata Consultancy Services zoomed by ₹40,757.75 crore to ₹11,23,416.17 crore and that of ICICI Bank climbed by ₹20,834.35 crore to ₹9,80,374.43 crore.
Also Read: Mcap of 7 of top-10 most-valued firms erodes by ₹88,635-cr
State Bank of India's market valuation rallied by ₹10,522.9 crore to ₹8,92,923.79 crore, and that of Infosys advanced by ₹10,448.32 crore to ₹6,24,198.80 crore.
HDFC Bank added Rs 9,149.13 crore, taking its market capitalisation to ₹15,20,524.34 crore, and that of Hindustan Unilever rose by ₹2,878.25 crore to ₹5,70,187.06 crore.
However, the mcap of Bajaj Finance declined by ₹30,147.94 crore to ₹6,33,573.38 crore and Life Insurance Corporation of India's market valuation tanked ₹9,266.12 crore to ₹5,75,100.42 crore.
Reliance Industries remained the most valued company, followed by HDFC Bank, Bharti Airtel, Tata Consultancy Services, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Life Insurance Corporation of India and Hindustan Unilever.
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