Market capitalization of eight of the most valued firms collectively went up by Rs 1,53,019. 32 crore last week due to which Bharti Airtel and Infosys topped the list whereas TCS was close on its heels.
LOSING: The BSE benchmark index added 1,279. 56 points or 1. 57% which was in concord with a record in equities. India’s benchmark stock index, the Sensex, continued its rally and hit an intra-day record and closed at record high at 82,365. 77, on August 30 for a ninth consecutive session.
The market capitalisation figure gumped up to Rs 9,04,587. 12 crore with additional Rs 47,194. 86 crore of BHARTI Airtel’s market capitalisation figure. Among the information technology stocks, Infosys was up by Rs 33,611. 37 crore; its market value reaching Rs 8,06,880. 50 crore, TCS by Rs 31,784. 9 crore and its market value touched Rs 16,46,899. 17 crore.
There was also an increase in ICICI Bank’s valuation by Rs 18,734. 3 crore which taken the valuation to Rs 8,66,374. 41 crore. Reliance Industries with an increase of Rs 13,396. 42 crore took the to tal value toRs 20,43,107. 10 crore. HDFC Bank witnessed its market capitalization increase Rs 5,600. 24 crore and Life Insurance Corporation of India saw an increase of Rs 2,340. 25 crore. State Bank of India added cash value of Rs 356. 98 crore to its name.
While on the other hand companies like Hindustan Unilever saw reduction in it’s valuation by Rs 8,411. 54 crore and ITC wiped off Rs 4,776. 48 crore off its valuation.
Among the top 10 firms, TCS superseded Reliance as the most valued company and HDFC as the second most valued firm and so on followed by, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, HUL and ITC.
Disclaimer:- This article is for informational purposes only. Market valuations can change. Verify all information before making decisions.
