13 Jun , 2021 By : Kanchan Joshi
New Delhi: Five of the 10 most valued companies together added Rs1,01,389.44 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys grabbing the limelight.
While Reliance Industries Limited, Tata Consultancy Services, Infosys, Hindustan Unilever Limited and Bajaj Finance were the gainers, HDFC Bank, HDFC, ICICI Bank, State Bank of India and Kotak Mahindra Bank witnessed erosion in their market valuation.
The valuation of Tata Consultancy Services (TCS) jumped by Rs47,551.31 crore to reach Rs12,10,218.64 crore, becoming the biggest gainer among the top-10 companies.
Infosys added Rs26,227.28 crore to take its valuation to Rs6,16,479.55 crore.
The market capitalisation of Reliance Industries gained Rs14,200.35 crore to Rs14,02,918.76 crore and that of Bajaj Finance rose by Rs7,560.02 crore to Rs3,69,327.31 crore.
The valuation of Hindustan Unilever Limited went higher by Rs5,850.48 crore to Rs5,56,041.95 crore.
In contrast, HDFC's valuation declined by Rs10,968.39 crore to Rs4,61,972.21 crore and that of HDFC Bank dipped Rs8,249.47 crore to Rs8,20,091.77 crore.
ICICI Bank's market capitalisation diminished by Rs4,927.52 crore to Rs4,40,035.66 crore and that of State Bank of India witnessed an erosion of Rs3,614.47 crore to Rs3,83,356.69 crore.
The valuation of Kotak Mahindra Bank dipped Rs2,924.02 crore to Rs3,55,927.86 crore.
In the ranking of top-10 firms, Reliance Industries was leading the chart followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.
During the last week, the 30-share BSE benchmark jumped 374.71 points or 0.71 per cent.
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