The combined market value of six of the top 10 highest-valued companies rose by Rs 1,85,186.51 crore last week, with Life Insurance Corporation of India (LIC) and Infosys being the biggest gainers.
Last week, the BSE benchmark rose by 728.07 points or 0.90 percent.
LIC’s valuation rose by Rs 44,907.49 crore to Rs 7,46,602.73 crore. Infosys added Rs 35,665.92 crore to its market valuation at Rs 7,80,062.35 crore.
ITC’s valuation increased by Rs 35,363.32 crore to Rs 6,28,042.62 crore.
The market capitalisation (mcap) of Tata Consultancy Services (TCS) rose by Rs 30,826.1 crore to Rs 15,87,598.71 crore and that of Bharti Airtel rose by Rs 30,282.99 crore to Rs 8,62,211.38 crore.
HDFC Bank’s valuation increased by Rs 8,140.69 crore to Rs 12,30,842.03 crore.
However, Reliance Industries’ mcap fell by Rs 62,008.68 crore to Rs 20,41,821.06 crore. ICICI Bank’s valuation fell by Rs 28,511.07 crore to Rs 8,50,020.53 crore.
State Bank of India’s MCap fell by Rs 23,427.1 crore to Rs 7,70,149.39 crore.
Hindustan Unilever’s valuation fell by Rs 3,500.89 crore to Rs 6,37,150.41 crore.
Reliance Industries remains the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
(Only the headline and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First print: Jul 28, 2024 | 10:33 AM IST