06 Feb , 2022 By : Kanchan Joshi
Eight of the top-10 most valued firms together added Rs1,51,456.45 crore in market valuation last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer.
Last week, the 30-share BSE Sensex gained 1,444.59 points or 2.52 per cent. On the top 10 chart, Reliance Industries Ltd (RIL) and HDFC were the only two companies that saw an erosion in their market valuation.
The market valuation of TCS jumped Rs46,016.2 crore to reach Rs14,11,058.63 crore. HDFC Bank's valuation zoomed Rs33,861.41 crore to Rs8,44,922.53 crore. Infosys added Rs23,425.29 crore, taking its valuation to Rs7,32,177.06 crore.
The market capitalisation (mcap) of Bajaj Finance gained Rs17,226.59 crore to Rs4,31,926.08 crore and that of ICICI Bank went higher by Rs16,601.55 crore to Rs5,59,009.41 crore.
The valuation of State Bank of India (SBI) grew by Rs6,113.36 crore to Rs4,73,182.90 crore and that of Hindustan Unilever Ltd (HUL) jumped Rs5,850.48 crore to Rs5,42,262.17 crore. Bharti Airtel added Rs2,361.57 crore to Rs3,95,535.80 crore in its valuation.
In contrast, the market valuation of HDFC diminished by Rs2,870.45 crore to Rs4,53,231.97 crore and that of RIL dipped by Rs2,396.57 crore to rs15,77,382.90 crore.
In the ranking of top-10 firms, RIL remained the most valued firm followed by TCS, HDFC Bank, Infosys, ICICI Bank, HUL, SBI, HDFC, Bajaj Finance and Bharti Airtel.
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