Mcap of 6 of top-10 domestic cos spurts by Rs 69,611 cr

Mcap of 6 of top-10 domestic firms spurts by Rs 69,611 crore

The market valuation of Reliance Industries jumped Rs 24,470.25 crore to reach Rs 13,38,763.60 crore

Representative image. Credit: iStock Photo

Six of the 10 most valued domestic companies added a total Rs 69,611.59 crore to their market valuation last week, with Reliance Industries leading the gainers' chart.

From the top-10 list, Reliance Industries, HDFC Bank, HDFC, ICICI Bank, State Bank of India and Kotak Mahindra Bank were the gainers, while Tata Consultancy Services, Infosys, Hindustan Unilever Limited and Bajaj Finance witnessed erosion in their market capitalisation (mcap).

The market valuation of Reliance Industries jumped Rs 24,470.25 crore to reach Rs 13,38,763.60 crore, becoming the biggest gainer among the most valued firms list. ICICI Bank added Rs 14,966.52 crore taking its valuation to Rs 4,57,268.94 crore. HDFC Bank's valuation rallied Rs 10,998.18 crore to Rs 8,41,000.85 crore and that of HDFC gained Rs 7,259.12 crore to Rs 4,58,109.66 crore.

The valuation of Kotak Mahindra Bank zoomed Rs 6,027.27 crore to Rs 3,47,027.74 crore and that of State Bank increased by Rs 5,890.25 crore to Rs 3,83,936.79 crore. In contrast, the market valuation of Hindustan Unilever diminished by Rs 8,223.56 crore to Rs 5,67,331.72 crore.

The valuation of Tata Consultancy Services eroded by Rs 4,845.75 crore to reach Rs 11,81,717.45 crore.

The market capitalisation of Infosys dipped Rs 3,642.4 crore to Rs 6,62,287.84 crore and that of Bajaj Finance went lower by Rs 570.4 crore to Rs 3,69,810.18 crore. In the ranking of top-10 firms, Reliance Industries was leading the chart followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.

During the last week, the BSE benchmark rallied 753.87 points or 1.43 per cent.

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