The market valuation of six of top-10 most valued firms spiked by Rs 74,111.57 crore in a week, with Reliance Industries emerging as the biggest gainer. Reliance Industries added Rs 24,696.89 crore, taking its market valuation to Rs 18,33,117.70 crore.
In a holiday-shortened last week, the BSE benchmark Sensex declined 263.67 points, or 0.35 per cent, and the NSE Nifty fell 106.5 points, or 0.46 per cent.
HDFC Bank took the biggest hit as its valuation tumbled Rs 56,124.48 crore to Rs 12,01,267.28 crore.
Last week, the combined market valuation of eight of the top-10 most-valued firms eroded by Rs 2,81,581.53 crore.
The combined market valuation of six of India’s top 10 most valued companies declined by more than Rs 3 lakh crore last week, reflecting a broader bearish trend in the equity markets.
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.
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.
Reliance Industries and Tata Consultancy Services emerged as the biggest gainers amid a positive trend in domestic equities.
The market valuation of Reliance Industries jumped by Rs 47,363.65 crore to Rs 19,17,483.71 crore, while Bharti Airtel added Rs 41,254.73 crore, taking its valuation to Rs 11,47,235.08 crore.
