Infosys, TCS lead gainers as 8 of top 10 firms add ₹98,235 crore in market cap

Eight of the 10 most valued firms together added 98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities.

Last week, the BSE benchmark Sensex advanced 817.68 points or 1.42 per cent.

From the top-10 pack, HDFC twins were the only laggards.

The market valuation of Infosys jumped 28,170.02 crore to reach 6,80,182.93 crore.

Tata Consultancy Services (TCS) added 23,582.58 crore, taking its valuation to 12,31,362.26 crore.

The market valuation of Reliance Industries Limited climbed 17,048.21 crore to stand at 17,14,256.39 crore and that of ICICI Bank advanced 13,861.32 crore that 5,83,261.75 crore.

The market capitalization (m-cap) of Life Insurance Corporation of India (LIC) went higher by 6,008.75 crore that 4,34,748.72 crore and that of Bajaj Finance increased 5,709.2 crore that 4,42,157.08 crore.

State Bank of India’s valuation went up by 2,186.53 crore that 4,73,584.52 crore and that of Hindustan Unilever Limited (HUL) advanced by 1,668.21 crore that 6,21,220.18 crore.

On the other hand, the m-cap of HDFC declined by 4,599.68 crore that 4,27,079.97 crore.

HDFC Bank’s valuation dipped 4,390.73 crore that 7,92,860.45 crore.

In the ranking of top-10 firms, Reliance Industries retained the title of the most valued domestic company, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, Bajaj Finance, LIC and HDFC.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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