scorecardresearchMarket Last Week: Seven of top-10 firms add ₹1 lakh crore in market cap; RIL, TCS biggest gainers; See list

Market Last Week: Seven of top-10 firms add 1 lakh crore in market cap; RIL, TCS biggest gainers; See list

Updated: 09 Oct 2022, 10:43 AM IST
TL;DR.
Last week, the 30-share BSE Sensex jumped 764.37 points or 1.33 per cent. The domestic equity markets were closed on Wednesday for Dussehra.
The highest growth — both in percentage and absolute terms — was during Q3FY22, when both the Nifty50 and Sensex had hit their lifetime highs

The highest growth — both in percentage and absolute terms — was during Q3FY22, when both the Nifty50 and Sensex had hit their lifetime highs

(PTI) The combined market valuation of seven of the 10 most valued firms climbed 1,01,043.69 crore last week, with Reliance Industries and TCS emerging as the biggest gainers.

Last week, the 30-share BSE Sensex jumped 764.37 points or 1.33 per cent. The domestic equity markets were closed on Wednesday for Dussehra.

The market valuation of Reliance Industries Ltd (RIL) climbed 37,581.61 crore to reach 16,46,182.66 crore. Tata Consultancy Services (TCS) added 22,082.37 crore, taking its valuation to 11,21,480.95 crore.

The market valuation of Infosys jumped 16,263.25 crore to 6,10,871.36 crore and that of ICICI Bank went higher by 13,433.27 crore to 6,14,589.87 crore.

The market capitalisation (mcap) of HDFC advanced 6,733.19 crore to 4,22,810.22 crore and that of HDFC Bank surged 4,623.07 crore to 7,96,894.04 crore.

Bajaj Finance added 326.93 crore to its valuation to stand at 4,44,563.66 crore.

However, Hindustan Unilever's valuation diminished by 23,025.99 crore to 6,10,623.53 crore.

The mcap of Bharti Airtel declined 3,532.65 crore to 4,41,386.80 crore and that of State Bank of India (SBI) dipped 624.73 crore to 4,73,316.78 crore.

In the ranking of top-10 companies, Reliance Industries remained the most valued Indian firm, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, SBI, Bajaj Finance, Bharti Airtel and HDFC. 

First Published: 09 Oct 2022, 10:43 AM IST