Eight of the top 10 valued firms added Rs 82,169.3 crore in market valuation last week, with HDFC twins emerging as the biggest winners amid an overall positive trend in equities.
Photograph: Shailesh Andrade/Reuters
Last week, equity markets were closed on Tuesday (April 4) for ‘Mahavir Jayanti’ and on Friday (April 7) on account of ‘Good Friday’.
The 30-share BSE Sensex climbed 841.45 points or 1.42 per cent in the holiday-shortened week.
Of the top 10 valued firms, eight including Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd, HDFC and ITC witnessed gains in their market valuation.
From the top-10 pack, the valuation of HDFC Bank jumped Rs 31,553.45 crore to Rs 929,752.54 crore.
HDFC’s market valuation surged Rs 18,877.55 crore to Rs 500,878.67 crore.
Bharti Airtel added Rs 9,533.48 crore taking its valuation to Rs 427,111.07 crore.
The market capitalisation (mcap) of Reliance Industries rallied Rs 6,731.76 crore to Rs 15,83,824.42 crore and that of TCS climbed Rs 5,817.89 crore to Rs 11,78,836.58 crore.
ITC’s mcap went up by Rs 4,722.65 crore to Rs 481,274.99 crore and that of State Bank of India gained Rs 3,792.96 crore to Rs 471,174.89 crore.
Hindustan Unilever added Rs 1,139.56 crore to take its market valuation to Rs 602,341.22 crore.
However, the mcap of Infosys declined by Rs 2,323.2 crore to Rs 589,966.72 crore and that of ICICI Bank fell by Rs 1,780.62 crore to Rs 610,751.98 crore.
Reliance Industries continued to remain the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, State Bank of India and Bharti Airtel.
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