TCS, Infosys, 6 other cos add Rs 1.2 lakh crore to market value in a week

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NEW DELHI: Eight of the top-10 most valued firms collectively added Rs 1,28,503.47 crore in market valuation final week, with IT majors Tata Consultancy Services and Infosys main from the entrance.

The valuation of Tata Consultancy Services (TCS) jumped Rs 36,158.22 crore to attain Rs 11,71,082.67 crore, turning into the most important gainer among the many top-10 most valued firms.

Infosys added Rs 20,877.24 crore to take its market capitalisation (m-cap) to Rs 5,90,229.35 crore and Hindustan Unilever noticed its valuation rise by Rs 19,842.83 crore to Rs 5,63,767.05 crore.

Reliance Industries gained Rs 17,401.77 crore to Rs 12,81,644.97 crore and State Bank of India added Rs 12,003.6 crore to Rs 3,30,701.48 crore.

ICICI Bank’s valuation rallied Rs 10,681.76 crore to Rs 4,10,775.37 crore and Kotak Mahindra Bank’s m-cap rose by Rs 6,301.56 crore to attain Rs 3,57,573.74 crore.

Bajaj Finance added Rs 5,236.49 crore to take its valuation to Rs 3,17,563.53 crore.

In distinction, the market capitalisation of HDFC Bank declined by Rs 3,142.29 crore to Rs 8,19,474.22 crore and that of HDFC dipped by Rs 171.38 crore to Rs 4,56,569.82 crore.

During the holiday-truncated buying and selling week, the 30-share BSE Sensex gained 1,021.33 factors or 2 per cent.

Stock markets have been closed on Monday and Friday for holidays.

In the rating of top-10 corporations, Reliance Industries dominated the chart adopted by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank and Bajaj Finance.

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