M Cap: Market cap of 6 out of top-10 companies increased by Rs 1.19 lakh crore, RIL and ITC were top gainers
Stock Market Investors Wealth: Last week the stock market registered a new record. The market valuation of 6 of the 10 most valuable companies increased by Rs 1.19 lakh crore last week. Reliance Industries Limited and ITC emerged as the biggest gainers in this. Let us know about the top 10 firms of this week.
Six of the country's top-10 companies added Rs 1,19,763.25 lakh crore last week. Reliance Industries Limited and ITC have benefited the most from this. Overall positive trends were seen in the market last week. Come, let us know which company is the top-10 firm this week.
Last week, the 30-share BSE benchmark jumped 561.89 points or 0.86 percent. On 7 July the Sensex reached its all-time high of 65,898.98.
Reliance Industries' valuation increased by Rs 57,338.56 crore to Rs 17,83,043.16 crore, the highest among top-10 companies. ITC added Rs 21,291.04 crore, taking its market valuation to Rs 5,82,602.46 crore. State Bank of India's mcap rose by Rs 18,697.06 crore to Rs 5,29,898.83 crore and Tata Consultancy Services' valuation rose by Rs 9,220.81 crore to Rs 12,16,890.72 crore.
ICICI Bank's valuation rose by Rs 8,998.26 crore to Rs 6,62,702.30 crore and Hindustan Unilever Ltd's valuation rose by Rs 4,217.52 crore to Rs 6,33,532.04 crore. However, HDFC Bank's mcap declined by Rs 22,926.37 crore to Rs 9,28,657.99 crore.
HDFC's valuation declined by Rs 9,782.7 crore to Rs 5,12,585.94 crore and that of Bharti Airtel declined by Rs 5,219.66 crore to Rs 4,84,844.10 crore. Infosys' market valuation declined by Rs 1,638.41 crore to Rs 5,52,452.86 crore.
Reliance Industries is at the top in the top-10 ranking. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, State Bank of India, HDFC, and Bharti Airtel.
