Top-8 firms gain Rs 3.28 lakh-cr mcap
TCS, HUL, Reliance lead winners
image for illustrative purpose
New Delhi: Eight of the 10 most valued domestic firms together added Rs3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services (TCS), Hindustan Unilever (HUL) and Reliance Industries (RIL) emerging as the biggest winners.
In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent. The 30-share BSE Sensex jumped 1,720.8 points or 2.29 per cent to hit a new record peak of 76,795.31 in intra-day trade on Friday. The benchmark ended at a record high of 76,693.36, up 1,618.85 points or 2.16 per cent.
From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever (HUL) and ITC were the gainers. These companies added a total of Rs3,28,116.58 crore to their market valuations. State Bank of India and Life Insurance Corporation of India (LIC) were the laggards from the top-10 pack.
The market valuation of TCS zoomed Rs80,828.08 crore to Rs14,08,485.29 crore, emerging as the biggest gainer from the pack. Hindustan Unilever added Rs58,258.11 crore taking its market capitalisation (mcap) to Rs6,05,407.43 crore. The valuation of Reliance Industries jumped Rs54,024.35 crore to Rs19,88,741.47 crore and that of Infosys rallied by Rs52,770.59 crore to Rs6,36,630.87 crore. The mcap of HDFC Bank soared Rs32,241.67 crore to Rs11,96,325.52 crore and that of Bharti Airtel climbed Rs32,080.61 crore to Rs8,10,416.01 crore.
