Mcap of top-9 firms jump Rs 1.85 L cr

Reliance Industries and HDFC Bank were top gainers and only ITC emerged as the laggard from the pack of top-10 most-valued firms

Update: 2024-05-27 05:20 GMT

New Delhi: Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation last week, with Reliance Industries Ltd and HDFC Bank stealing the show with maximum gains, in line with rally in equities.Last week, the BSE benchmark zoomed 1,404.45 points, or 1.89 per cent. The 30-share BSE Sensex hit its all-time intra-day high of 75,636.50 on Friday. From the top-10 most-valued firms pack, only ITC emerged as the laggard.

The market valuation of Reliance Industries jumped Rs61,398.65 crore to reach Rs20,02,509.35 crore. HDFC Bank added Rs 38,966.07 crore, taking its valuation to Rs11,53,129.36 crore. The market valuation of Life Insurance Corporation of India (LIC) rallied Rs35,135.36 crore to Rs6,51,348.26 crore. Bharti Airtel’s market capitalisation (mcap) zoomed Rs22,921.42 crore to Rs7,87,838.71 crore and that of Hindustan Unilever climbed Rs9,985.76 crore to Rs5,56,829.63 crore. The mcap of Infosys went up Rs 8,821.99 crore to Rs 6,08,198.38 crore and that of State Bank of India (SBI) soared Rs 6,916.57 crore to Rs 7,39,493.34 crore. ICICI Bank added Rs 903.31 crore, taking its valuation to Rs 7,95,307.82 crore and the mcap of Tata Consultancy Services (TCS) climbed Rs 271.36 crore to Rs 13,93,235.05 crore. 

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