Mcap of seven of top-10 most valued firms jumps by ₹1.18 lakh crore; SBI, Airtel biggest winners

New Delhi Sep 21 (PTI) The combined of seven of the top-10 most valued firms jumped by 1,18,328.29 crore last week, with State Bank of India and Bharti Airtel emerging as the biggest gainers, amid an optimistic trend in equities.

Last week, the BSE benchmark surged 721.53 points or 0.88 per cent.

While Reliance Industries, , Tata Consultancy Services (TCS), Bharti Airtel, State Bank of India, Infosys and Life Insurance Corporation of India (LIC) were the winners, ICICI Bank, Bajaj Finance and Hindustan Unilever emerged as the laggards.

The market valuation of State Bank of India jumped 35,953.25 crore to 7,95,910 crore.

Bharti added 33,214.77 crore taking its valuation to 11,18,952.64 crore.

The market capitalisation (mcap) of Reliance Industries zoomed 17,389.23 crore to 19,04,898.51 crore and that of TCS surged by 12,952.75 crore to 11,46,879.47 crore.



‘s valuation edged higher by 12,460.25 crore to 5,65,612.92 crore and that of Infosys climbed 6,127.73 crore to 6,39,901.03 crore.

The mcap of HDFC Bank went up by 230.31 crore to 14,84,816.26 crore.

However, the market valuation of ICICI Bank declined by 10,707.87 crore to 10,01,654.46 crore.

The mcap of Bajaj Finance eroded by 6,346.93 crore to 6,17,892.72 crore and that of dipped by 5,039.87 crore to 6,01,225.16 crore.

Reliance Industries remained at the top in the market valuation chart followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.

Source

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