Market cap of 9 of top-10 firms soars by ₹3 lakh crore


Nine of the 10 most esteemed organizations added an incredible ₹3,01,145.46 crore to their consolidated market capitalization a week ago, helped by a bullish market pattern and rally in Tata Consultancy Services (TCS).

During the most recent week, BSE Sensex progressed 1,812.44 focuses or 4.68 percent.

TCS was the greatest gainer from the world-class club with its valuation zooming by ₹1,09,644.68 crore to ₹10,56,277.53 crore.

The market capitalization (m-cap) of HDFC Bank hopped ₹69,952.08 crore to ₹6,78,991.98 crore. Infosys added ₹38,270.81 crore to its market valuation at ₹4,71,751.13 crore. HDFC saw an increase of ₹30,052.75 crore in m-cap at ₹3,51,483.41 crore.

ICICI Bank’s valuation bounced by ₹22,428.99 crores to ₹2,77,003.07 crore and that of HCL Technologies Limited rose by ₹11,736.6 crore to ₹2,32,289.73 crore.

The market cap of Hindustan Unilever Limited expanded by ₹10,291.06 crores to ₹5,02,534.84 crore and that of Reliance Industries by ₹5,849.16 crores to ₹15,10,436.34 crore. Kotak Mahindra Bank added ₹2,919.33 crore to ₹2,61,265.33 crore.

Conversely, Bharti Airtel’s valuation declined ₹3,928 crore to ₹2,31,943.02 crore.

In the positioning of top-10 organizations, RIL stayed at number one position followed by TCS, HDFC Bank, HUL, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank, HCL Technologies, and Bharti Airtel.