Top 10 most valuable companies raised to 2.61 trillion rupees; HDFC Bank and RIL

Top 10 local companies added a whopping Rs 2,61,767.61 crore to the total market valuation last week coinciding with a strong trend in stocks, with HDFC Bank and Reliance Industries emerging as the top gainers.

Last week, the Sensex index rose by 1914.49 points, or 3.33 percent.

From the top 10 packages, the market valuation of HDFC Bank increased by Rs 41469.24 crore to Rs 835,324.84 crore.

Reliance Industries added Rs.39,073.7 crore to take its valuation to Rs.17,95,709.10 crore.

Hindustan Unilever Limited’s market valuation jumped by Rs 2,687.09 crore to Rs 4,88,808.97 crore and Bharti Airtel’s valuation increased by Rs 27,103.16 crore to Rs 4,16,625.19 crore.

HDFC added Rs 26,851.9 crore to Rs 4,44,363.28 crore in its valuation.

The market capitalization (mcap) of Bajaj Finance increased by Rs.26,672.18 crore to Rs.4,48,810.74 crore and the market capitalization of ICICI Bank increased by Rs.25,975.05 crore to Rs.5,11,777.01 crore.

The mcap for Tata Advisory Services increased by Rs.18,088.37 crore to Rs.13,89,678.12 crore.

State Bank of India’s market capitalization jumped by Rs 15,930.43 crore to Rs 4,53,548.76 crore and Infosys’ market capitalization advanced by Rs 10,916.49 crore to Rs 8,00,268.93 crore.

In the top 10 rankings, Reliance Industries held the most valuable company brand, followed by Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, Bajaj Finance, HDFC and Bharti Airtel.

(The title and image for this report may have been reformulated only by the Business Standard staff; the rest of the content is automatically generated from a shared feed.)

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