Last week’s positive equity trend saw Reliance Industries lead the way as the top gainer, contributing to a total market valuation increase of 2,34,097.42 crore among nine of the top ten valued firms.
The BSE 30-share benchmark rose by 1,464.42 points, or 2.54%, despite the fact that the equity markets were closed on Thursday for ‘Ram Navami.’
Among the top ten companies, Reliance Industries saw the greatest increase in market valuation, rising by 86,317.26 crore to 15,77,092.66 crore.
TCS’s market valuation increased by 30.864.1 crore to 11,73,018.69 crore.
HDFC Bank’s market capitalization increased by 26.782.76 crore to 8,98,199.09 crore, while Infosys’ increased by 19,601.95 crore to 5,92,289.92 crore.
Hindustan Unilever’s market capitalisation (mcap) increased by 18,385.55 crore to 6,01,201.66 crore, while ICICI Bank’s increased by 17,644.35 crore to 6,12,532.60 crore.
The market valuations of HDFC and State Bank of India increased significantly, rising by 12,155.78 crore to 4,82,001.12 crore and 16,153.55 crore to 4,67,381.93 crore, respectively.
Meanwhile, ITC’s market capitalization increased by 6,192.12 crore to 4,76,552.34 crore, while Bharti Airtel’s dropped by 7,387.05 crore to 4,17,577.59 crore. TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, State Bank of India, and Bharti Airtel were the most valuable companies.
