Market valuation of 4 of top-10 firms surge by Rs 2.20 lakh crore
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
The combined market valuation of four of the top-10 most valued firms surged by Rs 2.20 lakh crore last week.
Last week, the combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore.
Hindustan Unilever added Rs 5,462.81 crore taking its mcap to Rs 5,49,393.18 crore.
At the close, the Sensex settled 1,068.74 points, or 1.28 per cent, lower at 82,225.92, while the broader Nifty ended at 25,424.65, down 288.35 points, or 1.12 per cent.
The announcement comes days after Airtel Money was granted NBFC license by the Reserve Bank of India on February 13.
The combined market valuation of eight of the top 10 valued firms spiked by Rs 4.55 trillion last week. In the list, Reliance Industries emerged as the biggest winner.
The combined market valuation of nine of the top 10 most valued firms slumped by Rs 2.51 lakh crore last week.
The combined market capitalisation of seven of the top-10 most-valued firms surged by Rs 1,23,724.19 crore last week.
In a week, the combined market valuation of eight of the top 10 most valued companies surged by Rs 2,05,185.08 crore. Bharti Airtel and Reliance Industries emerged as the biggest gainers.
Last week, the market valuation of seven of the top10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened week.
