new Delhi: The market cap of six of the country’s top-10 valued companies increased by Rs 60,198.67 crore jointly last week. Infosys and Tata Consultancy Services (TCS) benefited the most in this. Apart from this, Reliance Industries Ltd (RIL), Hindustan Unilever Ltd (HUL), Infosys, Kotak Mahindra Bank and Bharti Airtel also benefited. On the other hand, market valuations of HDFC Bank, HDFC, ICICI Bank and Bajaj Finance declined.
The market capitalization (market cap) of Infosys jumped by Rs 19,849.41 crore to reach Rs 5,26,627.07 crore. TCS’s market cap rose by Rs 17,204.68 crore to Rs 10,91,362.33 crore, while HUL’s market cap rose by Rs 16,035.72 crore to Rs 5,63,881.75 crore.
Bharti Airtel’s market capitalization rose by Rs 3,518.83 crore to Rs 2,82,079.59 crore, while Kotak Mahindra Bank gained Rs 2,544.02 crore to Rs 3,88,414.04 crore. The market cap of Reliance Industries Ltd rose by Rs 1,046.01 crore to Rs 12,64,021.09 crore.
HDFC market decreased
On the other hand, HDFC Bank’s valuation declined by Rs 7,755 crore to Rs 7,69,364.60 crore while HDFC’s market capitalization declined by Rs 4,445.63 crore to Rs 4,41,728.42 crore.
Bajaj Finance’s valuation declined by Rs 4,121.69 crore to Rs 3,12,360.19 crore and ICICI Bank’s MCAP declined by Rs 2,263.57 crore to Rs 3,54,590.10 crore.
RIL topped the highest rated companies. It was followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel respectively.
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