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M-cap: 9 of top 10 firms add ₹90,319 cr in market valuation; RIL lead gainer

New Delhi: The market capitalization (market cap) of nine of the top 10 Sensex companies collectively increased by Rs 90,318.74 crore last week. Reliance Industries was the biggest gainer amid a positive trend in the stock markets.

By Priyanka Verma 
Updated Date

New Delhi: The market capitalization (market cap) of nine of the top 10 Sensex companies collectively increased by Rs 90,318.74 crore last week. Reliance Industries was the biggest gainer amid a positive trend in the stock markets.

Also Read :- M-cap: 9 of top 10 firms adds over ₹79,000 cr; TCS, Infosys biggest winners

Last week, the 30-share BSE Sensex rose 652.7 points or 1.10 per cent. A one-hour special Muhurta business was organized in the market on the occasion of Diwali on Monday. Stock markets were closed on Wednesday for ‘Diwali Balipratipada’.

Barring Hindustan Unilever, all other companies in the top 10 saw an increase in market valuations in the week under review. These include Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India (SBI). Last week, the market capitalization of Reliance Industries rose by Rs 36,566.82 crore to Rs 17,08,932.42 crore.

HDFC Bank’s market valuation rose by Rs 11,195.61 crore to Rs 8,12,378.52 crore. Bharti Airtel’s market position jumped Rs 10,792.67 crore to Rs 4,54,404.76 crore. SBI’s market position increased by Rs 8,879.98 crore to Rs 5,09,372.21 crore.

Market valuation of TCS rose by Rs 8,617.06 crore to Rs 11,57,339.65 crore. HDFC’s market capitalization rose by Rs 8,214.27 crore to Rs 4,36,240.27 crore. The valuation of Infosys rose by Rs 5,259.92 crore to Rs 6,36,476.13 crore.

Also Read :- M-cap: 8 of top 10 firms add ₹1.81 lakh crore, Hindustan Unilever, ICICI Bank top gainer

ICICI Bank posted a profit of Rs 568.37 crore during the week with a market capitalization of Rs 6,32,832.76 crore. The valuation of ITC stood at Rs 4,28,677.66 crore with an increase of Rs 224.04 crore.

Contrary to this trend, the market capitalization of Hindustan Unilever declined by Rs 30,509.44 crore to Rs 5,93,318.79 crore. Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, Bharti Airtel, HDFC and ITC respectively.

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