Nine of Top 10 Most Valued Firms Add over Rs 1 Lakh Crore in Market Valuation - The Statesman
- Last week, the market capitalization of nine companies among India's ten highest-valued firms collectively rose by Rs 1,00,850.96 crore.
- This surge followed an optimistic trend in equities, with the BSE Sensex gaining 737.98 points or 0.90 percent during the same period.
- Reliance Industries and HDFC Bank led the gains, rising by Rs 30,786.38 crore and Rs 26,668.23 crore respectively, while TCS was the only laggard.
- Other major gainers included Bajaj Finance , ICICI Bank , Hindustan Unilever , and Bharti Airtel .
- The increased valuations reflect strong investor confidence, with Reliance Industries remaining the most valued company and the broader market continuing its positive momentum.
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Nine out of the top 10 companies of Sensex made huge gains last week and Mukesh Ambani's Reliance was at the forefront. The company's investors invested more than Rs 30000 crore in just five days.
Market valuation of 9 of top-10 most valued firms jumps Rs 1 lakh cr; Reliance, HDFC Bank shine
New Delhi, Jun 8 (PTI) Nine of the top-10 most valued firms together added Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank stealing the show with maximum gain, in line with an optimistic trend in equities. Last week, the BSE benchmark Sensex surged 737.98 points, or 0.90 per cent. […]
Market Valuation of 9 of Top-10 Most Valued Firms Jumps Rs 1 Lakh Cr; Reliance, HDFC Bank Shine
Get latest articles and stories on India at LatestLY. Nine of the top-10 most valued firms together added Rs 1,00,850.96 crore in market valuation last week, with Reliance Industries and HDFC Bank stealing the show with maximum gain, in line with an optimistic trend in equities. India News | Market Valuation of 9 of Top-10 Most Valued Firms Jumps Rs 1 Lakh Cr; Reliance, HDFC Bank Shine.
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