23 May , 2021 By : Kanchan Joshi
New Delhi: Nine of the 10 most valued companies together added Rs2,41,177.27 crore in market valuation last week, in line with a strong broader market, with HDFC Bank and Reliance Industries topping the list.
During the last trading week, the 30-share BSE benchmark Sensex jumped 1,807.93 points or 3.70 per cent.
From the top-10 list, only Hindustan Unilever Limited (HUL) witnessed a decline in its market valuation.
HDFC Bank's market capitalisation jumped Rs60,584.04 crore to reach Rs8,25,619.53 crore.
Reliance Industries Limited (RIL) added Rs40,604.13 crore to take its valuation to Rs12,68,459.17 crore.
State Bank of India's valuation zoomed Rs36,233.92 crore to Rs3,57,966.17 crore, while that of ICICI Bank gained Rs31,319.99 crore to Rs4,44,563.06 crore.
The market capitalisation of Bajaj Finance rallied Rs18,279.85 crore to Rs3,39,871.90 crore and that of HDFC rose by Rs16,983.46 crore to Rs4,53,863.21 crore.
The valuation of Infosys jumped Rs16,148.39 crore to Rs5,77,208.83 crore and that of Tata Consultancy Services (TCS) rose Rs10,967.68 crore to reach Rs11,39,455.78 crore.
Kotak Mahindra Bank's valuation swelled by Rs10,055.81 crore to stand at Rs3,48,414.61 crore.
In contrast, the valuation of Hindustan Unilever Limited diminished by Rs3,777.84 crore to Rs5,54,667.44 crore.
Reliance Industries led the chart of the most valued domestic companies, followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank, SBI, Kotak Mahindra Bank and Bajaj Finance.
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