Mcap of 8 of Top-10 Valued Firms Jumps Rs 3.28 lakh Crores; TCS, HUL, Reliance Lead Winners

From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever (HUL) and ITC were the gainers. These companies added a total of Rs 3,28,116.58 crore to their market valuations.State Bank of India and Life Insurance Corporation of India (LIC) were the laggards from the top-10 pack.The market valuation of TCS zoomed Rs 80,828.08 crore to Rs 14,08,485.29 crore, emerging as the biggest gainer from the pack.Hindustan Unilever added Rs 58,258.11 crore taking its market capitalisation (mcap) to Rs 6,05,407.43 crore.The valuation of Reliance Industries jumped Rs 54,024.35 crore to Rs 19,88,741.47 crore and that of Infosys rallied by Rs 52,770.59 crore to Rs 6,36,630.87 crore.The mcap of HDFC Bank soared Rs 32,241.67 crore to Rs 11,96,325.52 crore and that of Bharti Airtel climbed Rs 32,080.61 crore to Rs 8,10,416.01 crore.ITC’s valuation surged Rs 16,167.71 crore to Rs 5,48,204.12 crore and that of ICICI Bank went up by Rs 1,745.46 crore to Rs 7,88,975.17 crore.However, the mcap of LIC declined by Rs 12,080.75 crore to Rs 6,28,451.77 crore and that of State Bank of India went lower by Rs 178.5 crore to Rs 7,40,653.54 crore.In the ranking of the most valued firms, Reliance Industries retained the title of number one company followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC.

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