scorecardresearchFour of top-10 firms add ₹82,481 crore in market cap; HDFC Bank, Adani Total shine; See full list

Four of top-10 firms add 82,481 crore in market cap; HDFC Bank, Adani Total shine; See full list

Updated: 22 Jan 2023, 03:42 PM IST
TL;DR.
While Infosys and HDFC were the other gainers, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, State Bank of India and Life Insurance Corporation of India (LIC) faced erosion from their market valuation.
The BSE Midcap index mirrored the Sensex, falling 2.73 percent while the smallcap index cracked 3.15 percent. REUTERS/Danish Siddiqui

The BSE Midcap index mirrored the Sensex, falling 2.73 percent while the smallcap index cracked 3.15 percent. REUTERS/Danish Siddiqui

(PTI) Four of the 10 most valued firms together added 82,480.67 crore in market valuation last week, with HDFC Bank and Adani Total Gas emerging as the top gainers.

While Infosys and HDFC were the other gainers, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, State Bank of India and Life Insurance Corporation of India (LIC) faced erosion from their market valuation.

Last week, the 30-share BSE benchmark Sensex climbed 360.59 points or 0.59 per cent.

The valuation of HDFC Bank rallied 33,432.65 crore to 9,26,187.54 crore, the most among the top-10 firms.

Adani Total Gas, the new entrant to the coveted list, added 22,667.1 crore, taking its market valuation to 4,30,933.09 crore.

HDFC's valuation jumped 17,144.18 crore to 4,96,067.07 crore and that of Infosys climbed 9,236.74 crore to 6,41,921.69 crore.

However, the market capitalisation (mcap) of Hindustan Unilever tumbled 17,246 crore to 5,98,758.09 crore.

The valuation of Reliance Industries tanked 16,676.24 crore to 16,52,604.31 crore.

The mcap of LIC went lower by 8,918.25 crore to 4,41,864.34 crore and that of State Bank of India declined by 7,095.07 crore to reach 5,28,426.26 crore.

The market valuation of TCS fell by 4,592.11 crore to 12,30,045 crore and that of ICICI Bank dipped 1,960.45 crore to 6,07,345.37 crore.

Reliance Industries remained the most valued domestic firm, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India (SBI), HDFC, LIC and Adani Total Gas.

First Published: 22 Jan 2023, 03:42 PM IST