8 of the top 10 most valuable companies’ m-cap jumps over Rs 1.52 lakh crore

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Mcap of eight of top-10 most valued firms jump over Rs 1.52 lakh cr; HDFC Bank biggest gainer

The market value of eight of the top ten most valuable firms increased by Rs 1,52,355.03 crore last week. HDFC Bank and State Bank of India emerged as the largest gainers.

The BSE benchmark Sensex gained 1,246.89 points, or 2.07%, last week. On Thursday, the threshold surpassed 61,000 for the first time in history.

For Dussehra, the markets were closed on Friday.

HDFC Bank’s market capitalization increased by Rs 46,348.47 crore to Rs 9,33,559.01 crore, putting it at the top of the gainers’ leaderboard.

State Bank of India’s market value increased by Rs 29,272.73 crore to Rs 4,37,752.20 crore. Reliance Industries Limited increased its valuation by Rs 18,384.38 crore to Rs 17,11,554.55 crore.

ICICI Bank’s market capitalization increased by Rs 16,860.76 crore to Rs 5,04,249.13 crore, while HDFC’s increased by Rs 16,020.7 crore to Rs 5,07,861.84 crore.

The market capitalization of Kotak Mahindra Bank increased by Rs 15,944.02 crore to Rs 3,99,810.31 crore, while Bajaj Finance’s increased by Rs 7,526.82 crore to Rs 4,74,467.41 crore.

Hindustan Unilever’s market value increased by Rs 1,997.15 crore, bringing it to Rs 6,22,359.73 crore.

Tata Consultancy Services, on the other hand, saw its value plummet by Rs 1,19,849.27 crore to Rs 13,35,827 crore.

Tata Consultancy Services’ stock fell more than 6% on Monday after the company’s September quarter earnings fell short of market expectations.

Infosys’ market capitalization fell by Rs 3,414.71 crore to Rs 7,27,692.41 crore.

Reliance Industries topped the list of top-10 companies, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Bajaj Finance, State Bank of India, and Kotak Mahindra Bank.