scorecardresearchMarkets Last Week: Eight of top-10 firms add ₹98,235 crore in m-cap; Infosys,

Markets Last Week: Eight of top-10 firms add 98,235 crore in m-cap; Infosys, TCS lead gainers

Updated: 08 Aug 2022, 07:58 AM IST
TL;DR.

The market valuation of Reliance Industries Limited climbed 17,048.21 crore to stand at 17,14,256.39 crore and that of ICICI Bank advanced 13,861.32 crore to 5,83,261.75 crore.

FILE PHOTO: A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas

FILE PHOTO: A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis Mascarenhas

New Delhi, Aug 7 (PTI) Eight of the 10 most valued firms together added 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities.

Last week, the BSE benchmark Sensex advanced 817.68 points or 1.42 per cent.

From the top-10 pack, HDFC twins were the only laggards.

The market valuation of Infosys jumped 28,170.02 crore to reach 6,80,182.93 crore.

Tata Consultancy Services (TCS) added 23,582.58 crore, taking its valuation to 12,31,362.26 crore.

The market valuation of Reliance Industries Limited climbed 17,048.21 crore to stand at 17,14,256.39 crore and that of ICICI Bank advanced 13,861.32 crore to 5,83,261.75 crore.

The market capitalisation (m-cap) of Life Insurance Corporation of India (LIC) went higher by 6,008.75 crore to 4,34,748.72 crore and that of Bajaj Finance increased 5,709.2 crore to 4,42,157.08 crore.

State Bank of India's valuation went up by 2,186.53 crore to 4,73,584.52 crore and that of Hindustan Unilever Limited (HUL) advanced by 1,668.21 crore to 6,21,220.18 crore.

On the other hand, the m-cap of HDFC declined by 4,599.68 crore to 4,27,079.97 crore.

HDFC Bank's valuation dipped 4,390.73 crore to 7,92,860.45 crore.

In the ranking of top-10 firms, Reliance Industries retained the title of the most valued domestic company, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, Bajaj Finance, LIC and HDFC. PTI SUM SUM ABM ABM

First Published: 08 Aug 2022, 07:58 AM IST