In a week, the combined market valuation of four of the top 10 valued firms jumped by Rs 95,447.38 crore. Reliance Industries emerged as the biggest gainer.
Photo: IANS
In a week, the combined market valuation of four of the top 10 valued firms jumped by Rs 95,447.38 crore. Reliance Industries emerged as the biggest gainer.
On the gaining side were Reliance Industries, Bharti Airtel, State Bank of India and Life Insurance Corporation of India (LIC). On the other hand, HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys and Hindustan Unilever faced a combined erosion of Rs 91,685.94 crore from their valuation.
Advertisement
The market valuation of Reliance Industries surged by Rs 47,431.32 crore to Rs 20,11,602.06 crore.
Advertisement
State Bank of India added Rs 30,091.82 crore to take its valuation to Rs 8,64,908.87 crore.
The mcap of ICICI Bank tanked by Rs 21,618.9 crore to Rs 9,61,127.86 crore, while HDFC Bank declined by Rs 9,547.96 crore to Rs 15,18,679.14 crore.
However, the valuation of Bajaj Finance tumbled Rs 29,090.12 crore to Rs 6,48,756.24 crore.
The valuation of Infosys dropped by Rs 17,822.38 crore to Rs 6,15,890 crore, and that of TCS dipped by Rs 1,682.41 crore to Rs 11,06,338.80 crore.
Bharti Airtel climbed Rs 14,540.37 crore to Rs 11,71,554.56 crore, and that of LIC by Rs 3,383.87 crore to Rs 5,65,897.54 crore. Hindustan Unilever eroded by Rs 11,924.17 crore to Rs 5,79,561.93 crore.
In a rank-wise analysis, Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever and LIC.
On Friday, the market opened flat but failed to hold on to the initial recovery, ending near the day’s low amid mixed global cues.
Sensex was down 465.75 points or 0.55 per cent at 83,938.71, and the Nifty was down 155.75 points or 0.60 per cent at 25,722.10. BSE Midcap index slipped 0.5 per cent and Smallcap indices were down 0.4 per cent.
Advertisement
