M-cap of eight of top ten valued firms zoom Rs 1.94 lakh crore

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Eight of the top 10 precious firms added over Rs 1.94 lakh crore to their market valuation final week, led by Reliance Industries Ltd.

On the opposite, HDFC Bank and State Bank of India (SBI) witnessed losses of their valuations.

RIL added Rs 60,034.51 crore to take its valuation to Rs 13,81,078.86 crore. The valuation of Tata Consultancy Services (TCS) rose by Rs 41,040.98 crore to Rs 11,12,304.75 crore and that of Kotak Mahindra

Bank jumped Rs 28,011.19 crore to Rs 3,81,092.82 crore.

The market capitalisation of Hindustan Unilever Ltd (HUL) zoomed Rs 16,388.16 crore to Rs 5,17,325.3 crore. Infosys added Rs 27,114.19 crore to Rs 5,60,601.26 crore and the valuation of ICICI Bank rose by Rs 8,424.22 crore to Rs 4,21,503.09 crore.

The market valuation of HDFC went up by Rs 1,038 crore to achieve Rs 4,58,556.73 crore and that of Bajaj Finance by Rs 12,419.32 crore to Rs 3,28,072.65 crore.

In distinction, the valuation of HDFC Bank declined Rs 2,590.08 crore to Rs 8,42,962.45 crore and that of SBI by Rs 5,711.75 crore to Rs 3,42,526.59 crore.

In the rating of 10 most-valued corporations, RIL was on the top of the chart, adopted by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Bajaj Finance in that order.

On weekly foundation, the Sensex gained 1,305.33 factors or 2.65 per cent.

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