Six of the top-10 most valued Indian companies together added ₹1,08,274.79 crore in market valuation last week, with Reliance Industries Limited (RIL) becoming the star performer.
Besides RIL, other gainers were Tata Consultancy Services (TCS), HDFC Bank, HDFC, Infosys and Kotak Mahindra Bank, while Hindustan Unilever Ltd (HUL), ITC, SBI and ICICI Bank suffered losses in their market valuation for the trading week ended Friday.
RIL’s market valuation surged ₹53,918.87 crore to ₹7,49,829.58 crore, emerging as the biggest gainer among the top-10 firms.
The market capitalisation (m-cap) of TCS zoomed ₹21,932.69 crore to ₹7,13,103.19 crore.
Infosys added ₹20,663.7 crore to ₹3,19,348.16 crore in its m-cap.
The market valuation of HDFC Bank jumped ₹5,180.65 crore to ₹5,79,580.13 crore, while HDFC gained ₹3,507.73 crore to ₹3,45,278.43 crore. Kotak Mahindra Bank’s m-cap rose by ₹3071.15 crore to ₹2,36,029.97 crore.
In contrast, SBI’s valuation slumped ₹6,559.58 crore to ₹2,63,453.82 crore.
The m-cap of HUL tanked ₹5,335.86 crore to ₹3,77,449.84 crore and that of ITC tumbled ₹5,266.17 crore to ₹3,56,507.73 crore.
ICICI Bank’s valuation went down by ₹4,274.17 crore to ₹2,39,547.97 crore.
In terms of ranking of top-10 firms, RIL was at the pole position followed by TCS, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, ICICI Bank and Kotak Mahindra Bank.
Over the last week, the BSE key index gained 1 per cent to end at 36,386.61 on Friday.