TCS, Infy lead as 7 of India Inc Top 10 add Rs 1.50 lakh cr to market value – Moneycontrol

My Account
Follow us on:
Powered By
Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Invest as low as 10,000 and earn better returns than FD
Invest Now
Powered By
Unlock Your Trading Potential: Trade like Experts with SEBI registered creators, Learn from Courses & Webinars by India’s Finest Finance Experts.
Invest Now
Gamechangers
AMBAREESH BALIGA
Fundamental, Stock Ideas, Multibaggers & Insights
Subscribe
CK NARAYAN
Stock & Index F&O Trading Calls & Market Analysis
Subscribe
SUDARSHAN SUKHANI
Technical Call, Trading Calls & Insights
Subscribe
T GNANASEKAR
Commodity Trading Calls & Market Analysis
Subscribe
MECKLAI FINANCIALS
Currency Derivatives Trading Calls & Insights
Subscribe
SHUBHAM AGARWAL
Options Trading Advice and Market Analysis
Subscribe
MARKET SMITH INDIA
Model portfolios, Investment Ideas, Guru Screens and Much More
Subscribe
TraderSmith
Proprietary system driven Rule Based Trading calls
Subscribe
Moneycontrol  PRO
Moneycontrol  PRO
Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas
Subscribe
Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas
Explore
STOCK REPORTS BY THOMSON REUTERS
Details stock report and investment recommendation
Subscribe
POWER YOUR TRADE
Technical and Commodity Calls
Subscribe
INVESTMENT WATCH
Set price, volume and news alerts
Subscribe
The combined market valuation of seven of the top 10 valued firms climbed Rs 1,50,679.28 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers, amid an overall optimistic trend in equities.
Last week, the BSE benchmark jumped 890.05 points or 1.37 percent.
Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ITC, and Bharti Airtel were the gainers, while ICICI Bank, State Bank of India, and Bajaj Finance faced erosion from their market valuation.
The valuation of TCS jumped Rs 62,148.99 crore to Rs 12,81,637.63 crore, emerging as the biggest gainer from the top 10 pack.
The market capitalisation (mcap) of Infosys rallied Rs 28,616.98 crore to Rs 5,96,681.75 crore. The mcap of Reliance Industries climbed Rs 28,111.41 crore to Rs 15,93,893.03 crore and that of HDFC Bank surged Rs 11,136.61 crore to reach Rs 11,42,215.81 crore.
The market valuation of Hindustan Unilever soared Rs 10,032.75 crore to Rs 5,94,317.36 crore and that of Bharti Airtel advanced Rs 6,828.74 crore to Rs 5,32,585.63 crore. ITC added Rs 3,803.8 crore taking its valuation to Rs 5,47,808.43 crore.
However, the mcap of State Bank of India tumbled Rs 14,502.5 crore to Rs 5,02,589.52 crore and that of ICICI Bank fell by Rs 11,308.97 crore to Rs 6,46,254.41 crore. The market valuation of Bajaj Finance diminished by Rs 4,973.68 crore to Rs 4,46,169.40 crore.
Reliance Industries retained the title of the most valued company followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, Bharti Airtel, State Bank of India and Bajaj Finance.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.
You are already a Moneycontrol Pro user.
Access your Detailed Credit Report – absolutely free

source

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
Join Whatsapp Group!
Scan the code