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Four of the top 10 most valued companies added a combined ₹81,151.31 crore in market valuation last week, with ICICI Bank and HDFC Bank emerging as the biggest gainers.
Last week, the benchmark BSE fell 156.61 points or 0.19%.
While HDFC Bank, Bharti Airtel, ICICI Bank and State Bank of India were the gainers, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC and Life Insurance Corporation of India (LIC) suffered a combined erosion. of ₹76,622.05 crore against their market valuation.
ICICI Bank added ₹28,495.14 crore, taking its market valuation to ₹8,90,191.38 crore.
HDFC Bank’s valuation rose by ₹23,579.11 crore to ₹12,82,848.30 crore.
The market valuation of State Bank of India rose by ₹17,804.61 crore to ₹7,31,773.56 crore and that of Bharti Airtel rose by ₹11,272.45 crore to ₹9,71,707.61 crore.
On the other hand, Infosys’ market capitalization (mcap) fell by ₹23,314.31 crore to ₹7,80,126.10 crore.
Reliance Industries’ valuation fell by ₹16,645.39 crore to ₹18,38,721.14 crore.
Hindustan Unilever’s mcap fell by ₹15,248.85 crore to ₹6,38,066.75 crore and TCS’s fell by ₹10,402.01 crore to ₹14,91,321.40 crore.
LIC’s valuation fell by ₹8,760.12 crore to ₹5,91,418.91 crore.
ITC’s mcap fell ₹2,251.37 crore to ₹6,08,682.29 crore.
Reliance Industries remained the most valued domestic company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC and LIC.
Published – Oct 20, 2024 12:09 PM IST
