The combined market valuation of seven of the top 10 most valued companies surged by ₹2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers.
Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent.
The market capitalisation (mcap) of Reliance Industries surged by ₹66,985.25 crore to ₹16,90,328.70 crore.
Tata Consultancy Services (TCS) market valuation climbed by ₹46,094.44 crore to ₹13,06,599.95 crore. With this sharp rise in its market valuation, TCS again rose to the second rank in the top-10 most-valued firms chart.
The mcap of State Bank of India zoomed by ₹39,714.56 crore to ₹6,53,951.53 crore and that of Bharti Airtel advanced by ₹35,276.3 crore to ₹9,30,269.97 crore.
ITC's market valuation rallied by ₹11,425.77 crore to ₹5,05,293.34 crore and that of ICICI Bank surged ₹7,939.13 crore to ₹8,57,743.03 crore.
Hindustan Unilever added ₹2,819.51 crore, taking its market capitalisation to ₹5,17,802.92 crore.
However, the mcap of HDFC Bank plunged by ₹31,832.92 crore to ₹12,92,578.39 crore and Bajaj Finance's market valuation tanked by ₹8,535.74 to ₹5,20,981.25 crore.
The mcap of Infosys dipped by ₹955.12 crore to ₹7,00,047.10 crore.
Reliance Industries remained the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever and ITC.
Published on March 9, 2025
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.