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Market capitalisation of 7 of top-10 firms climbs Rs 67,259 crore

Mumbai: The combined market valuation of 7 of the 10 most valued firms climbed Rs 67,259.99 crore in last week. Last week, Indian equity markets had just three trading sessions. Indian equity markets were closed on Monday for Holi and Good Friday on March 29. Last week, BSE Sensex climbed 819.41 points or 1.12 percent.

The market valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore. State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore. The valuation of the Life Insurance Corporation of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Bank advanced Rs 4,132.67 crore to Rs 7,69,542.65 crore.

The market capitalisation (mcap) of HDFC Bank went up by Rs 4,029.69 crore to Rs 11,00,184.60 crore, and that of Hindustan Unilever climbed Rs 2,819.51 crore to Rs 5,32,946.04 crore.ITC added Rs 264.15 crore, taking its mcap to Rs 5,35,032.74 crore.

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However, the mcap of Tata Consultancy Services (TCS) declined by Rs 10,691.45 crore to Rs 14,05,102.38 crore, and that of Infosys went lower by Rs 4,163.13 crore to Rs 6,22,117.38 crore. Bharti Airtel’s valuation dipped by Rs 3,817.18 crore to Rs 6,95,038.48 crore.

Reliance Industries continued to rule the chart of the most valued firms, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC, and Hindustan Unilever.

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