Nine of the top-10 most-valued firms together added Rs 1,11,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers.
Reliance Industries Ltd was the only laggard from the top-10 list.
The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore.
HDFC Bank’s market valuation gained Rs 22,554.33 crore to Rs 8,20,164.27 crore.
The valuation of Hindustan Unilever Ltd zoomed Rs 14,391.25 crore to Rs 5,54,444.80 crore and that of Infosys went up by Rs 10,934.61 crore to Rs 7,94,714.60 crore.
The market capitalisation (m-cap) of HDFC surged Rs 9,641.77 crore to Rs 4,68,480.66 crore and that of Wipro gained Rs 9,164.13 crore to Rs 3,92,021.38 crore.
ICICI Bank added Rs 8,902.89 crore taking its valuation to Rs 5,13,973.22 crore.
The valuation of Bajaj Finance soared Rs 7,575.11 crore to Rs 4,21,121.74 crore and that of State Bank of India rose Rs 3,212.86 crore to Rs 4,10,933.74 crore.
In contrast, Reliance Industries Ltd’s valuation dipped Rs 2,772.49 crore to Rs 16,01,382.07 crore.
Reliance Industries Ltd was leading the chart of the most-valued domestic firm, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Wipro.
In the past week, the benchmark gained 1,129.51 points or 1.97 per cent.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
