scorecardresearchMarkets Last Week: Market cap of five of top-10 firms jump ₹95,337 crore

Markets Last Week: Market cap of five of top-10 firms jump 95,337 crore last week; RIL steals the show; See list

Updated: 19 Feb 2023, 10:26 AM IST
TL;DR.

While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from the top-10 pack, Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever and State Bank of India were the laggards.

Lucknow: Reliance Industries Limited CMD Mukesh Ambani during the inauguration of Uttar Pradesh Global Investors Summit 2023, in Lucknow, Friday, Feb. 10, 2023. (PTI Photo/Nand Kumar)(PTI02_10_2023_000169A)

Lucknow: Reliance Industries Limited CMD Mukesh Ambani during the inauguration of Uttar Pradesh Global Investors Summit 2023, in Lucknow, Friday, Feb. 10, 2023. (PTI Photo/Nand Kumar)(PTI02_10_2023_000169A)

(PTI) Five of the top 10 valued firms together added 95,337.95 crore in their market valuation last week, with index major Reliance Industries Ltd contributing the most.

Last week, the BSE benchmark climbed 319.87 points or 0.52 per cent.

While Reliance Industries, ICICI Bank, HDFC, ITC and Bharti Airtel were the gainers from the top-10 pack, Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever and State Bank of India were the laggards.

The market valuation of Reliance Industries rallied 70,023.18 crore to 16,50,677.12 crore.

ITC's market capitalisation (mcap) jumped 14,834.74 crore to 4,75,767.12 crore.

The valuation of ICICI Bank climbed 6,034.51 crore to 6,01,920.14 crore and that of Bharti Airtel advanced 3,288.43 crore to 4,32,763.25 crore.

HDFC's mcap gained 1,157.09 crore to 4,92,237.09 crore.

However, State Bank of India's valuation eroded by 19,678.77 crore to 4,73,807.64 crore.

The mcap of Hindustan Unilever tanked 14,825.92 crore to 5,90,933.95 crore and that of Tata Consultancy Services tumbled 13,099.41 crore to 12,80,539.91 crore.

The valuation of Infosys declined by 10,309.8 crore to 6,66,328.56 crore and that of HDFC Bank dipped 14.3 crore to 9,23,919.15 crore.

Reliance Industries continued to rule the chart of the most valued firms followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, HDFC, ITC, State Bank of India and Bharti Airtel.

First Published: 19 Feb 2023, 10:26 AM IST