TCS, HDFC Bank, 6 other blue-chip companies get Rs 2 lakh crore mcap in week
The combined market value of six of the 10 largest-cap firms rose to Rs 2,03,116.81 crore last week, with Tata Consultancy Services and HDFC Bank the biggest gainers, in line with the optimistic trend on Dalal Street.
Last week, the BSE benchmark jumped 1,906.33 points, or 2.38 percent, while the NSE Nifty rose 546.7 points, or 2.26 percent.
While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, and State Bank of India were the pocket winners, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever came out on top. laggards.
TCS’s market capitalization increased by Rs 62,574.82 crore to Rs 16,08,782.61 crore. HDFC Bank added Rs 45,338.17 crore taking its market capitalization to Rs 14,19,270.28 crore.
The value of Infosys jumped by Rs 26,885.8 to Rs 7,98,560.13 crore and that of Reliance Industries increased by Rs 26,185.14 to Rs 17,75,176.68 crore.
The market capitalization of State Bank of India (mcap) increased by Rs 22,311.55 crore to Rs 7,71,087.17 crore and that of ICICI Bank by Rs 19,821.33 crore to Rs 9,37,545.57 crore.
However, Bharti Airtel’s valuation reduced by Rs 16,720.1 crore to Rs 9,10,005.80 crore. ITC’s mcap fell by Rs 7,256.27 crore to Rs 5,89,572.01 crore.
Hindustan Unilever’s market capitalization fell by Rs 2,843.01 crore to Rs 5,83,673.71 crore. LIC’s mcap dipped by Rs 1,265 crore to Rs 6,21,937.02 crore.
Reliance Industries remains the most valuable firm, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, LIC, ITC, and Hindustan Unilever.