Mcap of 6 top-10 most valued firms jumps over Rs 1.13 lakh crore; Reliance, HUL biggest gainers

Reliance Industries and Hindustan Unilever emerged as the biggest gainers in the week gone by as six of the top-10 most valued domestic firms together added Rs 1,13,703.82 crore in their market valuation last week in an overall bullish trend in the equity market. Last week, the BSE benchmark jumped 758.95 points or 1.21 per cent. The 30-share BSE index gained 466.95 points or 0.74 per cent to jump to a record closing high of 63,384.58 on Friday.

From the top 10 pack, Reliance Industries, Hindustan Unilever Limited, ITC, Infosys, HDFC and Bharti Airtel were the gainers last week.

On the other hand, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India faced erosion from their market valuations last week.

While the market valuation of Reliance Industries swelled by Rs 63,259.05 crore to Rs 17,42,415.47 crore, the market capitalisation (mcap) of Hindustan Unilever was up Rs 18,737.99 crore to Rs 6,38,019.76 crore.

ITC's valuation zoomed Rs 18,331.32 crore to Rs 5,63,237.76 crore and that of Infosys climbed Rs 11,059.41 crore to Rs 5,36,433.55 crore.

The mcap of Bharti Airtel advanced Rs 2,016.08 crore to Rs 4,66,412.79 crore and that of HDFC gained Rs 299.97 crore to Rs 4,89,496.34 crore.

However, the market valuation of TCS tumbled Rs 12,879.86 crore to Rs 11,61,840.29 crore and that of State Bank of India fell by Rs 6,514.97 crore to Rs 5,09,863.08 crore.

HDFC Bank's valuation declined by Rs 4,722.95 crore to Rs 8,95,458.57 crore and that of ICICI Bank went lower by Rs 1,882.67 crore to Rs 6,53,980.16 crore.

Reliance Industries remained the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC and Bharti Airtel.