Mumbai: The combined market valuation of 7 out of the top-10 most valued firms surged by Rs71,301.34 crore during the holiday-shortened last week. The BSE Sensex climbed by 374.04 points or 0.50% last week. Markets remained closed on Friday for Mahashivratri . The 30-share BSE Sensex closed at a historic high of 74,119.39 on Thursday, while the Nifty ended at a fresh peak of 22,493.55.
The top gainers were Bharti Airtel, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, State Bank of India, Hindustan Unilever, and ITC. Top losers were Reliance Industries, Infosys, and Life Insurance Corporation of India (LIC).
Bharti Airtel’s valuation surged by Rs 38,726.67 crore to reach Rs 6,77,448.44 crore, while State Bank of India added Rs 13,476.16 crore, taking its market valuation to Rs 7,03,393.29 crore. HDFC Bank’s valuation rallied by Rs 12,243.35 crore to reach Rs 10,98,707.88 crore, and ICICI Bank’s spurted by Rs 3,099.76 crore to Rs 7,63,581.30 crore.
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ITC’s market capitalization climbed by Rs 1,469.81 crore to Rs 5,15,921.57 crore, and TCS advanced by Rs 1,157.79 crore to Rs 14,87,070.15 crore. The valuation of Hindustan Unilever climbed by Rs 1,127.8 crore to Rs 5,68,753.81 crore.
However, Infosys’ market capitalization tanked by Rs 15,875.81 crore to Rs 6,71,121.34 crore, and Reliance Industries witnessed a decline of Rs 15,391.94 crore, reaching Rs 20,01,358.50 crore. LIC’s market capitalization declined by Rs 6,166.87 crore to Rs 6,48,596.89 crore.
Reliance Industries maintained its position at the top of the most valued firms, followed by TCS, HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, Infosys, LIC, Hindustan Unilever, and ITC.
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