The combined market valuation of nine of the top-10 most-valued firms surged ₹3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers, in tandem with a bullish trend in equities.
Last week, the BSE benchmark gauge surged 3,076.6 points, or 4.16 per cent, and the NSE Nifty jumped 953.2 points, or 4.25 per cent.
The market capitalisation (mcap) of ICICI Bank jumped ₹64,426.27 crore to ₹9,47,628.46 crore, the most among the top-10 firms.
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Bharti Airtel’s valuation zoomed ₹53,286.17 crore to ₹9,84,354.44 crore.
HDFC Bank added ₹49,105.12 crore, taking its market valuation to ₹13,54,275.11 crore.
The mcap of Reliance Industries Ltd surged ₹39,311.54 crore to ₹17,27,339.74 crore and that of Bajaj Finance rallied ₹30,953.71 crore to ₹5,52,846.18 crore.
The valuation of Tata Consultancy Services (TCS) soared ₹24,259.28 crore to ₹12,95,058.25 crore.
The mcap of State Bank of India climbed ₹22,534.67 crore to ₹6,72,023.89 crore and that of Hindustan Unilever advanced ₹16,823.08 crore to ₹5,28,058.89 crore.
Infosys added ₹5,543.9 crore to take its market valuation to ₹6,61,364.38 crore.
However, the mcap of ITC declined ₹7,570.64 crore to ₹5,07,796.04 crore.
Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
