mcap of 8 out of top-10 most valuable companies increased by Rs 1.29 lakh crore; HDFC Bank in highest profit
New Delhi: United market assessment Eight of the top 10 most valued companies jumped Rs 1,29,899.22 crore in last week’s holiday boost, with equity benchmark indices registering a sharp rally.
Last week the BSE benchmark jumped 1,133.3 points or 1.59 per cent. The index reached its all-time high of 72,484.34 on December 28.
equity markets Were closed on Monday for Christmas.
Whereas Reliance IndustriesHDFC bank, ICICI Banks, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and Life Insurance Corporation of India (LIC) were among the gainers, Tata Consultancy Services (TCS) and Infosys Were backward.
HDFC Bank, LIC, Bharti Airtel and Hindustan Unilever were the biggest winners in the top-10 pack.
The market valuation of HDFC Bank increased by Rs 29,828.84 crore to Rs 12,97,972.04 crore.
LIC added Rs 25,426.49 crore, taking its valuation to Rs 5,27,062.06 crore.
Bharti Airtel’s valuation rose by Rs 24,510.96 crore to Rs 5,80,645.54 crore and Hindustan Unilever’s valuation rose by Rs 20,735.14 crore to Rs 6,25,778.39 crore.
The market capitalization (mcap) of Reliance Industries rose by Rs 13,633.07 crore to Rs 17,48,827.92 crore and the market capitalization (mcap) of ITC rose by Rs 9,164.74 crore to Rs 5,76,809.77 crore.
State Bank of India added Rs 4,730.04 crore, taking its valuation to Rs 5,72,915.46 crore.
ICICI Bank’s mcap rose by Rs 1,869.94 crore to Rs 6,98,965.47 crore.
However, the valuation of TCS declined by Rs 11,105.22 crore to Rs 13,88,591.70 crore and that of Infosys declined by Rs 7,946.24 crore to Rs 6,40,351.80 crore.
Reliance Industries retained the title of most valuable company, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and LIC.
Last week the BSE benchmark jumped 1,133.3 points or 1.59 per cent. The index reached its all-time high of 72,484.34 on December 28.
equity markets Were closed on Monday for Christmas.
Whereas Reliance IndustriesHDFC bank, ICICI Banks, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and Life Insurance Corporation of India (LIC) were among the gainers, Tata Consultancy Services (TCS) and Infosys Were backward.
HDFC Bank, LIC, Bharti Airtel and Hindustan Unilever were the biggest winners in the top-10 pack.
The market valuation of HDFC Bank increased by Rs 29,828.84 crore to Rs 12,97,972.04 crore.
LIC added Rs 25,426.49 crore, taking its valuation to Rs 5,27,062.06 crore.
Bharti Airtel’s valuation rose by Rs 24,510.96 crore to Rs 5,80,645.54 crore and Hindustan Unilever’s valuation rose by Rs 20,735.14 crore to Rs 6,25,778.39 crore.
The market capitalization (mcap) of Reliance Industries rose by Rs 13,633.07 crore to Rs 17,48,827.92 crore and the market capitalization (mcap) of ITC rose by Rs 9,164.74 crore to Rs 5,76,809.77 crore.
State Bank of India added Rs 4,730.04 crore, taking its valuation to Rs 5,72,915.46 crore.
ICICI Bank’s mcap rose by Rs 1,869.94 crore to Rs 6,98,965.47 crore.
However, the valuation of TCS declined by Rs 11,105.22 crore to Rs 13,88,591.70 crore and that of Infosys declined by Rs 7,946.24 crore to Rs 6,40,351.80 crore.
Reliance Industries retained the title of most valuable company, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, Bharti Airtel, ITC, State Bank of India and LIC.