29 Aug , 2021 By : Kanchan Joshi
New Delhi: Eight of the top-10 most valued companies together added Rs1,90,032.06 crore in market valuation last week, with Tata Consultancy Services and Reliance Industries Limited being the prominent gainers.
Last week, the BSE benchmark Sensex gained 795.40 points or 1.43 per cent.
Equity gauges -- BSE Sensex and NSE Nifty -- hit new closing highs on Friday.
On the top ten charts, among the gainers were Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd (HUL), ICICI Bank, Bajaj Finance, State Bank of India (SBI) and Wipro. On the other hand, Infosys and HDFC were the two laggards.
The market valuation of TCS zoomed by Rs60,183.57 crore to reach Rs13,76,102.60 crore, becoming the biggest gainer among the top-10 firms.
RIL added Rs51,064.22 crore taking its valuation to Rs14,11,635.50 crore.
HDFC Bank's valuation jumped Rs19,651.18 crore to Rs8,57,407.68 crore and Bajaj Finance gained Rs18,518.27 crore to settle at Rs4,20,300.85 crore.
The market capitalisation of HUL climbed Rs14,215.01 crore to Rs6,29,231.64 crore and that of ICICI Bank went higher by Rs13,361.63 crore to Rs4,84,858.91 crore.
Wipro's valuation rallied Rs8,218.89 crore to Rs3,47,851 crore and SBI jumped Rs4,819.29 crore to reach Rs3,68,006.36 crore.
In contrast, the valuation of Infosys tumbled by Rs10,053.22 crore to Rs7,24,701.90 crore and that of HDFC dipped Rs738.75 crore to Rs4,90,991.24 crore.
RIL remained the most valued domestic firm followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank, Bajaj Finance, SBI and Wipro.
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