NEW DELHI: The combined market capitalisation of five of India’s top-10 most valued companies rose by Rs 60,675.94 crore last week, with State Bank of India (SBI) and HDFC Bank leading the gains amid a positive trend in equities.
In the holiday-shortened week, the Sensex advanced 739.87 points (0.92%) and the Nifty gained 268 points (1.10%).
Among the top-10, Reliance Industries, HDFC Bank, Bharti Airtel, SBI, and Infosys added to their valuations, while TCS, ICICI Bank, Hindustan Unilever, LIC, and Bajaj Finance recorded losses.
- SBI gained the most, adding Rs 20,445.82 crore to reach Rs 7,63,095.16 crore.
- HDFC Bank rose by Rs 14,083.51 crore to Rs 15,28,387.09 crore.
- Infosys added Rs 9,887.17 crore, taking its valuation to Rs 6,01,310.19 crore.
- Bharti Airtel gained Rs 8,410.6 crore, reaching Rs 10,68,260.92 crore.
- Reliance Industries advanced by Rs 7,848.84 crore to Rs 18,59,023.43 crore.
On the losing side:
- LIC shed Rs 15,306.5 crore to Rs 5,61,881.17 crore.
- Bajaj Finance dropped Rs 9,601.08 crore to Rs 5,35,547.44 crore.
- ICICI Bank fell Rs 6,513.34 crore to Rs 10,18,982.35 crore.
- TCS lost Rs 4,558.79 crore to Rs 10,93,349.87 crore.
- Hindustan Unilever declined Rs 3,630.12 crore to Rs 5,83,391.76 crore.
In the overall ranking, Reliance Industries remained the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Hindustan Unilever, LIC, and Bajaj Finance.
