New Delhi: With stock markets rising last week, the combined market valuation of eight of the top-10 most-valued firms, including HDFC Bank, State Bank of India, ITC, Bajaj Finance, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, and Hindustan Unilever jumped Rs 88,085.89 crore
HDFC Bank, country’s largest private sector lender, was the biggest gainer. The BSE benchmark gauge rallied 509.41 points last week. HDFC Bank m-cap went up Rs 44,933.62 crore, taking its valuation to Rs 13,99,208.73 crore. Meanwhile, Reliance Industries and Infosys were the laggards from the top-10 most-valued firms pack.
State Bank of India (SBI) market capitalisation gained Rs 16,599.79 crore to Rs 6,88,623.68 crore. TCS, country’s biggest largest IT company, rallied Rs 9,063.31 crore to Rs 13,04,121.56 crore.
Country’s largest private sector bank, ICICI Bank, recorded its market capitalisation jumping by Rs 5,140.15 crore to Rs 9,52,768.61 crore.
The mcap of two FMCG’s – ITC and Hindustan Unilever (HUL) advanced. TCS recorded a jump of Rs 5,032.59 crore to Rs 5,12,828.63 crore, while Hindustan Unilever recorded a gain of of Rs 2,796.01 crore to Rs 5,30,854.90 crore.
Bharti Airtel’s market valuation went up by Rs 2,651.48 crore to Rs 9,87,005.92 crore. Bajaj Finance’s mcap advanced Rs 1,868.94 crore to Rs 5,54,715.12 crore.
However, the valuation of India’s second largest IT sector company Infosys tanked Rs 9,135.89 crore to Rs 6,52,228.49 crore. Mukesh Ambani-led Reliance Industries’ wealth eroded Rs 1,962.2 crore to Rs 17,25,377.54 crore.
Despite its macap eroding, Reliance Industries remained most-valued firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
In 2024-25, the wealth of the Dalal Street investors became richer by Rs 25.90 lakh crore. The BSE 30-share benchmark Sensex jumped over 5 per cent, amid an overall optimistic trend in equities.
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The market capitalisation of 8 of top-10 most-valued firms jumped Rs 88,085.89 crore. In the ranking, Reliance Industries remained at the top followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
