The combined market valuation of seven of the top-10 most valued firms surged by ₹2,16,544.29 crore last week, with Reliance Industries and Bharti Airtel stealing the limelight, in tandem with an optimistic trend in equities.
Last week, the BSE benchmark jumped 1,451.37 points or 1.75 per cent.
From the top-10 pack, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS), Infosys and Life Insurance Corporation of India (LIC) faced erosion from their valuation.
The market valuation of Reliance Industries jumped ₹47,363.65 crore to ₹19,17,483.71 crore, the most among the top-10 firms.
added ₹41,254.73 crore taking its valuation to ₹11,47,235.08 crore.
The market capitalisation (mcap) of surged by ₹40,123.88 crore to ₹10,26,491.35 crore and that of HDFC Bank rallied ₹33,185.59 crore to ₹15,40,210.78 crore.
The valuation of climbed ₹28,903.45 crore to ₹6,65,899.19 crore.
The mcap of edged higher by ₹17,774.65 crore to ₹6,12,009.78 crore and that of State Bank of India went up by ₹7,938.34 crore to ₹8,20,924.98 crore.
However, the valuation of dropped by ₹30,306.35 crore to ₹5,98,773.87 crore.
The mcap of declined by ₹23,807.01 crore to ₹10,71,894.61 crore and that of LIC dipped by ₹7,684.87 crore to ₹5,60,173.42 crore.
Reliance Industries remained the most valued firm followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Hindustan Unilever, Infosys and LIC.