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The combined market valuation of six of the top-10 most valued firms increased â¹1,30,734.57 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers in line with an overall positive trend in equities.
- Also read:High valuation has not stopped Indian market performance: Vafa Ahmadi, CPR Asset Management
Last week, the BSE benchmark advanced 641.83 points or 0.87 per cent.
The valuation of the State Bank of India rallied â¹45,158.54 crore to â¹7,15,218.40 crore.
ICICI Bank’s market valuation rose â¹28,726.33 crore to â¹7,77,750.22 crore.
Bharti Airtel added â¹20,747.99 crore to â¹7,51,406.35 crore and that of ITC jumped â¹18,914.35 crore to â¹5,49,265.32 crore.
The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) advanced by â¹9,487.5 crore to â¹6,24,941.40 crore and that of Infosys went up by â¹7,699.86 crore to â¹5,93,636.31 crore.
However, the mcap of Reliance Industries declined by â¹26,115.56 crore to â¹19,64,079.96 crore.
The valuation of HDFC Bank dipped by â¹16,371.34 crore to â¹11,46,943.59 crore.
The mcap of Tata Consultancy Services went lower by â¹5,282.41 crore to â¹13,79,522.50 crore and that of Hindustan Unilever Limited diminished by â¹2,525.81 crore to â¹5,21,961.70 crore.
Reliance Industries remained the most valued firm from the top-10 pack, followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, ITC and Hindustan Unilever.
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