Five of the top 10 most valued companies added Rs 67,843.33 crore to market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest winners.
While Reliance Industries, HDFC Bank, Hindustan Unilever, Bharti Airtel and HDFC emerged as the top 10 winners, Tata Consultancy Services, Infosys, ICICI Bank, Adani Green Energy and State Bank of India were the laggards.
Hindustan Unilever’s market valuation rose by Rs 25,234.61 crore to Rs 525,627.06 crore, most of the top 10 companies.
The market capitalization (mcap) of Reliance Industries increased by Rs 21,892.61 crore to Rs 18,87,964.18 crore.
HDFC Bank’s valuation climbed Rs 16,251.27 crore to Rs 7,68,052.87 crore and HDFC’s rose Rs 3,943.09 crore to Rs 4,03,969.09 crore.
Bharti Airtel added Rs 521.75 crore bringing the valuation to Rs 4,06,245.26 crore.
In contrast, the market valuation of Tata Consultancy Services fell by Rs 22,594.64 crore to Rs 12,98,999.83 crore.
Infosys’ market cap dropped to Rs 7,474.58 crore to Rs 6,59,587.97 crore.
The valuation of State Bank of India fell by Rs 3,480.6 crore to Rs 4,43,106.96 crore and that of ICICI Bank plunged Rs 2,600.14 crore to Rs 5,16,762.48 crore.
Adani Green’s valuation fell by Rs 172.04 crore to Rs 4.51,577.84 crore.
In the ranking of the top 10 companies, Reliance Industries led the list, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, Adani Green Energy, State Bank of India, Bharti Airtel and HDFC.