Mcap of five of top-10 most valued firms jumps ₹86,234.73 cr; TCS biggest gainer
The combined market valuation of five of the top-10 most valued firms jumped ₹86,234.73 crore in a holiday-shortened last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer.
The holiday-shortened week witnessed a jump in the market valuation of five of top-ten most valued firms ₹86,234.73 crore. Out of the five best performers Tata Consultancy Services (TCS) ermeged as the biggest winner. The Tech firm was followed by HDFC Bank, Infosys, Hindustan Unilever and Bajaj Finance.
Talking about the biggest losers of the market last week, firms like Reliance Industries, ICICI Bank, ITC, State Bank of India and Bharti Airtelemerged as the laggards. Last week, the BSE benchmark climbed 167.22 points or 0.25 per cent.
The market valuation of TCS rallied ₹32,730.22 crore to ₹13,24,649.78 crore, the most among the top-10 firms.
Bajaj Finance added ₹21,697.96 crore taking its valuation to ₹4,94,884.37 crore.
The valuation of Infosys jumped ₹18,057.94 crore to ₹6,13,655.04 crore and that of Hindustan Unilever climbed ₹7,730.16 crore to ₹5,87,104.12 crore.
The market capitalisation (mcap) of HDFC Bank gained ₹6,018.45 crore to ₹11,63,164.31 crore.
However, the valuation of Reliance Industries declined ₹19,336.49 crore to ₹15,68,216.88 crore and that of ICICI Bank diminished by ₹4,671.54 crore to ₹6,62,057.43 crore.
The mcap of State Bank of India fell by ₹4,105.33 crore to ₹5,30,211.19 crore and that of ITC eroded by ₹2,743.6 crore to ₹5,51,463.84 crore.
Bharti Airtel’s market valuation dipped ₹196.19 crore to ₹5,19,082.95 crore.
Reliance Industries remained the country’s most valued firm followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance.
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Updated: 08 Oct 2023, 03:43 PM IST
