scorecardresearchMcap of 6 of top-10 most valued firms jumps ₹1.19 lakh crore; check details

Mcap of 6 of top-10 most valued firms jumps 1.19 lakh crore; check details here

Updated: 09 Jul 2023, 11:32 AM IST
TL;DR.

  • Last week, the 30-share BSE benchmark jumped 561.89 points or 0.86 per cent. The Sensex hit its all-time high of 65,898.98 on July 7.

The valuation of Reliance Industries jumped  <span class='webrupee'>₹</span>57,338.56 crore to  <span class='webrupee'>₹</span>17,83,043.16 crore, the most among the top-10 firms.

The valuation of Reliance Industries jumped 57,338.56 crore to 17,83,043.16 crore, the most among the top-10 firms.

(PTI) Six of the top-10 most valued firms together added 1,19,763.25 crore in market valuation last week, with Reliance Industries Limited and ITC emerging as the major gainers, driven by an overall positive trend in domestic equities.

Last week, the 30-share BSE benchmark jumped 561.89 points or 0.86 per cent. The Sensex hit its all-time high of 65,898.98 on July 7.

The valuation of Reliance Industries jumped 57,338.56 crore to 17,83,043.16 crore, the most among the top-10 firms.

ITC added 21,291.04 crore taking its market valuation to 5,82,602.46 crore.

The market capitalisation (mcap) of State Bank of India rallied 18,697.06 crore to 5,29,898.83 crore and that of Tata Consultancy Services zoomed 9,220.81 crore to 12,16,890.72 crore.

ICICI Bank's valuation climbed 8,998.26 crore to 6,62,702.30 crore and that of Hindustan Unilever Limited advanced 4,217.52 crore to 6,33,532.04 crore.

However, the mcap of HDFC Bank fell by 22,926.37 crore to 9,28,657.99 crore.

HDFC's valuation eroded by 9,782.7 crore to 5,12,585.94 crore and that of Bharti Airtel went lower by 5,219.66 crore to 4,84,844.10 crore.

The market valuation of Infosys declined by 1,638.41 crore to 5,52,452.86 crore.

In the ranking of top-10, Reliance Industries continued to rule the chart followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.

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First Published: 09 Jul 2023, 11:32 AM IST