New Delhi: With the BSE benchmark increasing by 730.93 points last week following a strong rally on August 16, 2024, let’s have a look at the combined market valuation of top 10 valued firms in India. Reliance Industries (RIL) remained the most valued firm in India, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
Top 10 firms’ market capitalisation
The market capitalisation of seven of the top 10 valued companies in the country jumped Rs 1,40,863.66 crore as the benchmark BSE Sensex gaining nearly 1 per cent. The mcap of India’s largest IT company jumped by Rs 67,477.33 crore to Rs 15,97,946.44 crore.
Infosys, the country’s second most valued IT firm in India, emerged as another biggest gainer as its market capitalisation surged Rs 36,746.21 crore to Rs 7,72,023.49 crore.
Bharti Airtel, the telecom giant’s Mcap rallied Rs 11,727.55 crore to Rs 8,45,123.87 crore.
ICICI Bank, India’s second largest banking firm, witnessed its mcap surging by Rs 10,913.96 crore to Rs 8,36,115.19 crore.
The ITC mcap soared Rs 8,569.73 crore to Rs 6,28,399.10 crore.
The valuation of Reliance Industries appreciated by Rs 5,311.4 crore to Rs 20,00,076.41 crore.
Hindustan Unilever mcap jumped Rs 117.48 crore to take its valuation to Rs 6,45,926.13 crore.
The Life Insurance Corporation of India (LICI) witnessed its Mcap declining Rs 47,943.48 crore to Rs 6,69,058.26 crore.
HDFC Bank, the country’s largest private bank, recorded a loss of Rs 13,064 crore to Rs 12,43,441.53 crore.
State Bank of India (SBI), country’s largest public sector bank, market capitalistaion dropped by Rs 10,486.42 crore to Rs 7,25,080.10 crore.
The 30-share BSE Sensex rallied 1,330.96 points to end the day at 80,436.84 on August 16, 2024. The Sensex recorded its best single-day gain in more than two months. Investors’ wealth rallied by Rs 7.30 lakh crore on 16th August. The Indian stock market indices traded in positive territory driven by a rally in equities and easing fears of recession in the US.
The seven of the top 10 valued firms in India added Rs 1.40 lakh crore to market valuation. TCS, Infosys were the biggest gainers. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
