The stock market had an exciting week with the combined market value of the top 10 firms soaring by a whopping ₹2,10,330.26 crore. Leading the pack were Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC).
On Friday, the BSE benchmark index gained 85.31 points, reaching a record high of 81,587.76. The excitement was palpable as the markets were closed on Wednesday for Muharram.
TCS witnessed a surge in valuation by ₹42,639.16 crore, now standing at ₹15,56,772.61 crore.
LIC’s market cap also saw a significant rise by ₹36,748.23 crore, now at ₹7,01,695.24 crore.
Infosys added ₹33,569.16 crore, bringing their valuation up to ₹7,44,396.43 crore. Meanwhile, State Bank of India witnessed a surge of ₹26,372.23 crore, now standing at ₹7,93,576.49 crore.
Hindustan Unilever’s market cap saw a handsome increase of ₹24,494.49 crore, now at ₹6,40,651.30 crore. Similarly, ITC’s valuation jumped by ₹19,420.52 crore to reach ₹5,92,679.30 crore.
Bharti Airtel’s market capitalization saw a boost of ₹16,223.03 crore, now at ₹8,31,928.39 crore. ICICI Bank also witnessed a climb in its market cap by ₹10,863.44 crore, now at ₹8,78,531.60 crore.
On the flip side, Reliance Industries saw a decline in its valuation by ₹56,799.01 crore, now standing at ₹21,03,829.74 crore. HDFC Bank also witnessed a fall in its market cap by ₹13,124.01 crore, now at ₹12,22,701.34 crore.
At the top of the rankings, Reliance Industries maintained its position as the most valued firm, trailed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever, and ITC.
