Last Update: January 22, 2023, 12:45 PM IST
Last week, the 30-share BSE benchmark Sensex climbed 360.59 points or 0.59 per cent.
Infosys, HDFC were the other gainers; TCS, LIC, RIL, ICICI Bank, Hindustan Unilever and State Bank of India are facing erosion in their market valuation
Four of the 10 most-valued firms added Rs 82,480.67 crore in market valuation last week, with HDFC Bank and Adani Total Gas emerging as top gainers.
While Infosys and HDFC were the other gainers, Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, Hindustan Unilever, State Bank of India and Life Insurance Corporation of India (LIC) faced a reduction in its market valuation.
Last week, the 30-share BSE benchmark Sensex climbed 360.59 points or 0.59 per cent.
HDFC Bank’s valuation rose by Rs 33,432.65 crore to Rs 9,26,187.54 crore, the highest among the top 10 firms. Adani Total Gas, the new entrant to the coveted list added Rs 22,667.1 crore, taking its market valuation to Rs 4,30,933.09 crore.
HDFC’s valuation rose by Rs 17,144.18 crore to Rs 4,96,067.07 crore and that of Infosys rose by Rs 9,236.74 crore to Rs 6,41,921.69 crore.
However, the market capitalization (MCAP) of Hindustan Unilever declined by Rs 17,246 crore to Rs 5,98,758.09 crore.
The market capitalization of Reliance Industries declined by Rs 16,676.24 crore to Rs 16,52,604.31 crore.
The market capitalization of LIC declined by Rs 8,918.25 crore to Rs 4,41,864.34 crore and that of State Bank of India declined by Rs 7,095.07 crore to Rs 5,28,426.26 crore.
The market valuation of TCS declined Rs 4,592.11 crore to Rs 12,30,045 crore and that of ICICI Bank declined Rs 1,960.45 crore to Rs 6,07,345.37 crore.
Reliance Industries remained the most valued domestic firm, followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India (SBI), HDFC, LIC and Adani Total Gas.
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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)