Market value of 7 of the top 10 most valuable firms reaches Rs 1.33 lakh crore

The market valuation of TCS rose by Rs 32,071.59 crore to Rs 11,77,226.60 crore.

New Delhi:

The combined market valuation of seven of the top 10 most-valued companies climbed Rs 1,33,746.87 crore last week, led by Tata Consultancy Services (TCS), Reliance Industries and Infosys, amid a firm trend in stocks.

The BSE benchmark had gained 989.81 points or 1.68 per cent last week.

The market valuation of TCS rose by Rs 32,071.59 crore to Rs 11,77,226.60 crore.

Reliance Industries added Rs 26,249.1 crore and its valuation stood at Rs 17,37,717.68 crore.

The market valuation of Infosys rose by Rs 24,804.5 crore to Rs 6,36,143.85 crore and that of ICICI Bank by Rs 20,471.04 crore to Rs 6,27,823.56 crore.

The market capitalization (mcap) of State Bank of India rose by Rs 15,171.84 crore to Rs 4,93,932.64 crore and that of Adani Transmission rose by Rs 7,730.36 crore to Rs 4,38,572.68 crore.

HDFC Bank’s valuation rose by Rs 7,248.44 crore to Rs 8,33,854.18 crore.

Backwards, Hindustan Unilever’s mcap declined by Rs 3,618.37 crore to Rs 6,08,074.22 crore.

HDFC’s valuation fell by Rs 2,551.25 crore to Rs 4,41,501.59 crore and that of Bajaj Finance declined by Rs 432.88 crore to Rs 4,34,913.12 crore.

Reliance Industries remained the most valuable firm in the ranking of top 10 firms by market capitalization, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Adani Transmission and Bajaj Finance.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)