New Delhi, Feb 8 (.) The combined market valuation of eight of the top 10 valued firms spiked by Rs 4.55 trillion last week. In the list, Reliance Industries emerged as the biggest winner.
Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC), and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS) and Infosys faced losses.
Reliance Industries added Rs 1,41,887.97 crore, taking its market valuation to Rs 19,63,358.79 crore.
LIC’s valuation zoomed from Rs 64,926.1 crore to Rs 5,70,198.54 crore.
HDFC Bank’s valuation advanced by Rs 32,350.28 crore to Rs 14,48,249.63 crore, and that of ICICI Bank jumped Rs 52,476.97 crore to Rs 10,06,258.82 crore.
The market capitalisation (mcap) of Bajaj Finance climbed Rs 48,659.83 crore to Rs 6,10,830.20 crore, while that of State Bank of India rose from Rs 45,460.79 crore to Rs 9,84,353.06 crore.
The market valuation of Bharti Airtel surged by Rs 52,516.39 crore to Rs 11,62,288.64 crore, and that of Hindustan Unilever appreciated by Rs 17,058.03 crore to Rs 5,69,482.18 crore.
TCS eroded by Rs 88,172.8 crore to Rs 10,64,242.35 crore, while Infosys declined by Rs 63,462.66 crore to Rs 6,26,067.95 crore.
In a rank-wise analysis, Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, LIC, and Hindustan Unilever.
On Friday, the stock market shed previous losses in a volatile session with the Nifty trading near 25,700. At close, the Sensex was up 266.47 points or 0.32 percent at 83,580.40, and the Nifty was up 50.90 points or 0.20 percent at 25,693.70.
. VK SQ ARN