Market valuation of 7 most valuable companies rises by Rs 67,260 crore; Reliance Top Gainer
On the list of most valuable firms, Reliance Industries is still at the top. TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC, and Hindustan Unilever are next in order.
Amid an overall optimistic trend in equities, the combined market valuation of seven of the 10 most valued companies soared to Rs 67,260 crore heading into last week’s holidays, with Reliance Industries emerging as the biggest gainer. The BSE benchmark increased by 819.41 points, or 1.12%, last week. The BSE benchmark increased by 819.41 points, or 1.12%, last week.
Due to the market closures on Monday for Holi and Friday, March 29, there were only three trading sessions this past week.
Reliance Industries’ valuation increased by Rs 45,262 crore to reach Rs 20,14,010 crore.
Reliance Industries’ valuation increased by Rs 45,262 crore to Rs 20,14,010 crore. With the addition of Rs 5,533 crore, State Bank of India’s market worth increased to Rs 6,71,666 crore. Life Insurance Corporation of India (LIC)’s valuation rose by Rs 5,218 crore to Rs 5,78,484 crore and ICICI Bank’s valuation rose by Rs 4,132 crore to Rs 7,69,542 crore.
Life Insurance Corporation of India (LIC) saw an increase in valuation of Rs 5,218.
Crore rose by Rs 5,78,484 crore and ICICI Bank rose by Rs 4,132 crore to Rs 7,69,542 crore. The market capitalization (mcap) of HDFC Bank rose by Rs 4,029 crore to Rs 11,00,184 crore and that of Hindustan Unilever rose by Rs 2,819 crore to Rs 5,32,946 crore.
