Mcap Of Top-4 Firms Jumps Rs 81,151 Cr

New Delhi: Four of the top-10 most-valued firms together added Rs81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers. Last week, the BSE benchmark declined 156.61 points, or 0.19 per cent. While HDFC Bank, Bharti Airtel, ICICI Bank, and the State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC, and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs76,622.05 crore from their market valuation. ICICI Bank added Rs28,495.14 crore, taking its market valuation to Rs8,90,191.38 crore. The valuation of HDFC Bank jumped Rs23,579.11 crore to Rs12,82,848.30 crore.

State Bank of India’s market valuation climbed Rs17,804.61 crore to Rs7,31,773.56 crore and that of Bharti Airtel went up Rs11,272.45 crore to Rs9,71,707.61 crore. On the other hand, the market capitalisation (mcap) of Infosys slumped Rs23,314.31 crore to Rs7,80,126.10 crore. The valuation of Reliance Industries declined Rs16,645.39 crore to Rs18,38,721.14 crore. The mcap of Hindustan Unilever tumbled Rs15,248.85 crore to Rs6,38,066.75 crore and that of TCS diminished by Rs10,402.01 crore to Rs14,91,321.40 crore.

LIC’s valuation went lower by Rs8,760.12 crore to Rs5,91,418.91 crore. The mcap of ITC dipped Rs2,251.37 crore to Rs6,08,682.29 crore. Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC, and LIC.