financetom
Market
financetom
/
Market
/
Market-cap of 4 of top-10 valued firms jumps over Rs 1.15 lakh crore
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market-cap of 4 of top-10 valued firms jumps over Rs 1.15 lakh crore
Jan 24, 2021 9:59 AM

Four of the top 10 valued firms added a total Rs 1,15,758.53 crore to their combined market valuation last week, helped by Reliance Industries which added Rs 71,033.44 crore to its market cap.

Share Market Live

NSE

The BSE benchmark scaled the 50,000-mark for the first time on Thursday. Last week, the 30-share BSE benchmark dipped 156.13 points or 0.31 per cent.

Reliance Industries Limited, Tata Consultancy Services (TCS), Hindustan Unilever Limited and Bajaj Finance witnessed a rally in their market valuation.

On the other hand, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank and Bharti Airtel suffered cumulative loss of Rs 48,941.18 crore in their valuations.

The valuation of Reliance Industries Limited jumped Rs 71,033.44 crore to reach Rs 12,99,363.47 crore, becoming the biggest gainer.

The market capitalisation of Tata Consultancy Services zoomed Rs 26,191.64 crore to Rs 12,39,562.76 crore and that of Hindustan Unilever Limited gained Rs 13,357.22 crore to Rs 5,65,949.36 crore.

Bajaj Finance added Rs 5,176.23 crore to take its valuation to Rs 2,99,332.25 crore.

In contrast, Bharti Airtel's valuation declined Rs 13,993.5 crore to Rs 3,14,703.83 crore and that of HDFC Bank tanked Rs 12,502.38 crore to Rs 7,95,112.89 crore.

HDFC's mcap dipped Rs 7,677.82 crore to Rs 4,66,123.79 crore and that of Kotak Mahindra Bank declined Rs 6,416.75 crore to Rs 3,62,665.26 crore.

The valuation of ICICI Bank fell by Rs 6,370.02 crore to Rs 3,68,375.92 crore and that of Infosys by Rs 1,980.71 crore to Rs 5,70,976.45 crore.

In the ranking of top-10 firms, Reliance Industries Limited continued to rule the list followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and Bajaj Finance Limited.

Disclaimer:

Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd., the parent company of CNBCTV18.com

First Published:Jan 24, 2021 6:59 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
Futures tick up after Wall Street hits record highs
Futures tick up after Wall Street hits record highs
Mar 22, 2024
(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...
US STOCKS-Futures tick up after Wall Street hits record highs
US STOCKS-Futures tick up after Wall Street hits record highs
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...
US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
Copyright 2023-2025 - www.financetom.com All Rights Reserved