Top 10 Firms Add Over Rs 4 Lakh Crore In Market Cap; Reliance Industries Sparkles
RIL leads the pack, followed by TCS, HUL, HDFC Bank, HDFC, Infosys, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.
India’s 10 most-valued domestic firms together added Rs 4,04,068.05 crore in market valuation last week, with Reliance Industries Ltd. leading the gains.
During the last holiday-shortened week, the Sensex rallied 3,568.67 points, or 12.93 percent.
The market capitalisation of RIL zoomed Rs 89,383.67 crore to Rs 7,72,883.49 crore—the most among the top 10 firms. HDFC Bank Ltd.’s valuation soared Rs 60,754.82 crore to reach Rs 5,06,820.17 crore and that of Hindustan Unilever Ltd. jumped Rs 47,485.86 crore to Rs 5,13,695.88 crore.
The market cap of Tata Consultancy Services Ltd. climbed Rs 41,839.09 crore to Rs 6,62,633.62 crore and that of ICICI Bank Ltd. advanced Rs 36,352.48 crore to Rs 2,21,789.30 crore.
Bharti Airtel Ltd. added Rs 35,515.68 crore to stand at Rs 2,66,804.03 crore and HDFC Ltd. witnessed a rise of Rs 35,082.62 crore to Rs 2,94,785.84 crore.
The valuation of Kotak Mahindra Bank rallied Rs 26,162.54 crore to Rs 2,44,183.72 crore and that of Infosys Ltd. went up by Rs 22,210.65 crore to reach Rs 2,71,553.37 crore.
ITC Ltd. added Rs 9,280.64 crore to its valuation to reach Rs 2,27,836.51 crore.
In the ranking of top 10 firms, RIL was at the lead position, followed by TCS, HUL, HDFC Bank, HDFC, Infosys, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.