HDFC Bank, LIC emerge as big gainers as four of the top 10 valued firms add ₹1.71 lakh cr to m-cap

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HDFC Bank, LIC emerge as big gainers as four of the top 10 valued firms add ₹1.71 lakh cr to m-cap


The BSE benchmark climbed 596.87 or 0.81%. It hit an all-time excessive of 74,501.73 on April 4. File
| Photo Credit: PTI

Four of the top 10 valued firms added ₹1,71,309.28 crore to their market valuation final week with HDFC Bank and Life Insurance Corporation of India (LIC) rising as the largest gainers in step with an general optimistic development in equities. On the different hand, six corporations from the top 10 pack took a ₹78,127.48 crore hit to their market valuation with index main Reliance Industries accounting for the majority of the losses.

Last week, the BSE benchmark climbed 596.87 or 0.81%. It hit an all-time excessive of 74,501.73 on April 4.

While Tata Consultancy Services (TCS), HDFC Bank, State Bank of India and LIC had been the gainers from the top 10 pack, Reliance Industries, ICICI Bank, Bharti Airtel, Infosys, ITC and Hindustan Unilever confronted losses of their valuation.

The market valuation of HDFC Bank jumped ₹76,880.74 crore to attain ₹11,77,065.34 crore. LIC added ₹49,208.48 crore, taking its valuation to v6,27,692.77 crore. The market capitalisation (m-cap) of TCS climbed ₹34,733.64 crore to ₹14,39,836.02 crore and that of State Bank of India went up by ₹10,486.42 crore to ₹6,82,152.71 crore.

The valuation of Reliance Industries fell ₹38,462.95 crore to ₹19,75,547.68 crore. The m-cap of Bharti Airtel eroded by ₹21,206.58 crore to ₹6,73,831.90 crore and that of ICICI Bank dived ₹9,458.25 crore to ₹7,60,084.40 crore. The market valuation of Infosys declined by ₹7,996.54 crore to ₹6,14,120.84 crore and that of ITC dipped by ₹873.93 crore to ₹5,34,158.81 crore. The m-cap of Hindustan Unilever decreased by ₹129.23 crore to ₹5,32,816.81 crore.

Reliance Industries remained the most valued home agency by market valuation adopted by TCS, HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, LIC, Infosys, ITC and Hindustan Unilever.



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