Market valuation of 6 of top 10 firms soars by Rs 1,18,626.24 crore
The combined market valuation of six of the top 10 valued firms in the last week soared by Rs 1,18,626.24 crore. Tata Consultancy Services (TCS) stole the show with maximum gains.
The combined market valuation of six of the top 10 valued firms in the last week soared by Rs 1,18,626.24 crore. Tata Consultancy Services (TCS) stole the show with maximum gains.
There was a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers.
Reliance Industries retained the title of the most-valued firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
Tata Consultancy Services (TCS) took the biggest hit, in line with bearish trends in equities.
The combined market valuation of four of the top10 most valued firms eroded by Rs 96,605.66 crore last week.
Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, and Infosys faced erosion from their market valuation.
Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week.
The Life Insurance Corporation of India (LIC) emerged as the biggest gainer, in-line with positive trend in equities.
HDFC Bank and Life Insurance Corporation of India (LIC) emerged as the biggest gainers in line with an overall positive trend in equities.
After touching a record high of Rs 2,162, RIL shares closed 4.15 per cent up at Rs 2,146.20 on the BSE.
