M-cap of 5 of top 10 valued cos climbs Rs 88,605 cr; SBI, ICICI top gainers
Five of the top 10 valued firms together added Rs 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers.
While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC were the laggards.
Last week, the BSE benchmark climbed 345.04 points or 0.58 per cent.
The valuation of State Bank of India jumped Rs 35,832.32 crore to Rs 5,00,759.98 crore, the most among the top-10 firms.
The market capitalisation (mcap) of ICICI Bank rallied Rs 20,360.13 crore to Rs 6,06,514.71 crore.
HDFC Bank's valuation climbed Rs 15,236.59 crore to Rs 9,01,307.58 crore and that of HDFC advanced Rs 13,051.48 crore to Rs 4,84,417.42 crore.
The mcap of Bharti Airtel rose by Rs 4,124.47 crore to Rs 4,26,158.52 crore.
However, the market valuation of Infosys plunged Rs 30,150.9 crore to Rs 6,22,711.8