The 30-share BSE benchmark gained 760.69 points during the last week. Markets were closed on Friday on the occasion of 'Diwali Balipratipada'.
RIL was on the top spot followed by TCS, HDFC Bank, Infosys, HUL, HDFC Ltd, ICICI Bank, Bajaj Finance, SBI and Bharti Airtel
Kotak Securities expects the growth in the formal sector to exceed the growth of the overall economy
On Friday, the BSE benchmark Sensex closed above the 56,000-mark for the first time and had climbed by 175.62 points
Market capitalisation refers to the aggregate value of the company based on its current share price and the total number of outstanding shares.
Top companies like TCS, infosys and RIL's m-cap were hit by severe losses, whereas Kotak and HDFC's valuation went higher significantly
It can be noted that in the past, the Reserve Bank has also expressed risks of financial stability because of the fast growth in stock markets
In the ranking of top-10 most valued firms, RIL maintained its numero uno status, followed by TCS, HDFC Bank, Infosys, HUL, HDFC, ICICI Bank and SBI
The valuation of TCS jumped by Rs 47,551.31 crore to reach Rs 12,10,218.64 crore, becoming the biggest gainer among the top-10 companies
The 30-share BSE Sensex closed 228.46 points or 0.44% higher at 52,328.51 -- its new closing peak