Good news for Mukesh Ambani, Noel Tata, Narayana Murthy, Reliance Industries earns Rs 250350000000, TCS and Infosys’s MCAP jump by Rs…

The combined market capitalisation of eight of the top 10 most valued companies rose by Rs 1,94,148.73 crore last week, driven by a bullish sentiment on Dalal Street, with Tata Consultancy Services (TCS) emerging as the top gainer.

The BSE benchmark index advanced 1,293.65 points, or 1.59 per cent, during the week.

Among the top-10 firms, Reliance Industries, HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, and Infosys recorded gains in their market valuations, while Hindustan Unilever and Life Insurance Corporation of India (LIC) saw declines.

TCS, Infosys, Reliance Industries MCAP Jumps

TCS added Rs 45,678.35 crore taking its market valuation to Rs 10,95,701.62 crore. The valuation of Infosys jumped Rs 28,125.29 crore to Rs 6,29,080.22 crore and that of HDFC Bank surged Rs 25,135.62 crore to Rs 15,07,025.19 crore.

Bharti Airtel’s market valuation zoomed Rs 25,089.27 crore to Rs 11,05,980.35 crore. The market capitalisation (mcap) of Reliance Industries climbed Rs 25,035.08 crore to Rs 18,70,120.06 crore.

The mcap of Bajaj Finance rallied Rs 21,187.56 crore to Rs 6,36,995.74 crore and that of State Bank of India edged higher by Rs 12,645.94 crore to Rs 8,12,986.64 crore.

MCAP Of LIC, Hindustan Unilever Declines

However, the mcap of LIC eroded by Rs 4,648.88 crore to Rs 5,67,858.29 crore.

The valuation of Hindustan Unilever declined by Rs 3,571.37 crore to Rs 5,94,235.13 crore.

Reliance Industries remained the most valued firm followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever and LIC. 

(With Inputs From PTI)

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