The combined market valuation of seven of the top-10 most valued firms climbed Rs 96,200.95 crore last week.
Reliance Industries and Bajaj Finance were on the gaining side. Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Hindustan Unilever were on the gaining side.
Reliance Industries was leading the pack, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.
On the other hand, Bharti Airtel, Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) faced erosion from their valuation.
Reliance Industries added Rs 28,282.86 crore, taking its market valuation to Rs 21,20,335.47 crore.
HDFC Bank’s valuation jumped Rs 13,611.11 crore to Rs 15,48,743.67 crore, and that of ICICI Bank surged by Rs 13,599.62 crore to Rs 9,92,725.97 crore.
State Bank of India went up by Rs 6,415.28 crore to Rs 9,04,185.15 crore. The valuation of Bajaj Finance climbed Rs 20,347.52 crore to Rs 6,45,676.11 crore.
The market capitalisation of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore.
However, the mcap of Bharti Airtel dropped by Rs 35,239.01 crore to Rs 11,98,040.84 crore.
LIC’s mcap declined by Rs 4,996.75 crore to Rs 5,65,581.29 crore.
The valuation of Infosys climbed Rs 6,273.15 crore to Rs 6,47,961.98 crore and that of TCS dipped by Rs 3,762.81 crore to Rs 11,35,952.85 crore.
The stock market was volatile in the last session of the week, and the month ended on a flat note on Friday.
After hitting fresh all-time highs in the previous session, the benchmark indices entered a consolidation phase in the early trade as the traders booked profits at higher levels.
The Nifty 50 index opened at 26,237.45, gaining 21.90 points (0.08 per cent), while the BSE Sensex opened at 85,791.55, up 71.17 points (0.08 per cent).