The combined market valuation of six of the 10 most valued companies rose by ₹1,07,366.05 crore last week, with State Bank of India and ICICI Bank emerging as the biggest gainers.
Leading stock exchanges BSE and NSE held a special one-hour ‘Muhurat Trading’ session on the occasion of Diwali on November 1 to mark the start of the new Samvat 2081.
Last week, the BSE benchmark Sensex rose 321.83 points or 0.40 percent.
While Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever and Life Insurance Corporation of India (LIC) were the gainers, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel and Infosys faced erosion in their markets . valuation.
State Bank of India’s valuation rose by ₹36,100.09 crore to ₹7,32,755.93 crore.
ICICI Bank added ₹25,775.58 crore to ₹9,10,686.85 crore in its market valuation.
LIC’s valuation rose by ₹16,887.74 crore to ₹5,88,509.41 crore and that of Reliance Industries rose by ₹15,393.45 crore to ₹18,12,120.05 crore.
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ITC added ₹10,671.63 crore, taking its market capitalization (mcap) to ₹6,13,662.96 crore.
Hindustan Unilever’s valuation rose by ₹2,537.56 crore to ₹5,96,408.50 crore.
However, Infosys’ mcap fell ₹38,054.43 crore to ₹7,31,442.18 crore and Bharti Airtel’s fell ₹27,299.54 crore to ₹9,20,299.35 crore.
TCS’s valuation has eroded ₹26,231.13 crore to ₹14,41,952.60 crore.
HDFC Bank’s mcap fell by ₹3,662.78 crore to ₹13,26,076.65 crore.
Reliance Industries remained the most valuable company in the country, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, ITC, Hindustan Unilever and LIC.
