New Delhi: Eight of the top 10 valued firms added Rs 82,169.3 crore in market valuation last week, with HDFC twins emerging as the biggest winners amid an overall positive trend in equities. Last week, the stock markets were closed on Tuesday (April 4) on account of ‘Mahavir Jayanti’ and on Friday (April 7) ‘Good Friday’.
The 30-share BSE Sensex gained 841.45 points, or 1.42 per cent, in a week lacking holidays. Of the top 10 valued firms, eight including Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd, HDFC and ITC saw gains in their market valuations. From the top-10 pack, HDFC Bank’s valuation rose by Rs 31,553.45 crore to Rs 9,29,752.54 crore. The market valuation of HDFC rose by Rs 18,877.55 crore to Rs 5,00,878.67 crore.
Bharti Airtel added Rs 9,533.48 crore taking its valuation to Rs 4,27,111.07 crore. The market capitalization (mcap) of Reliance Industries rose by Rs 6,731.76 crore to Rs 15,83,824.42 crore and that of TCS gained Rs 5,817.89 crore to Rs 11,78,836.58 crore. ITC’s mcap rose by Rs 4,722.65 crore to Rs 4,81,274.99 crore and that of State Bank of India rose by Rs 3,792.96 crore to Rs 4,71,174.89 crore.
Hindustan Unilever added Rs 1,139.56 crore to take its market valuation to Rs 6,02,341.22 crore. However, the mcap of Infosys declined by Rs 2,323.2 crore to Rs 5,89,966.72 crore and that of ICICI Bank declined by Rs 1,780.62 crore to Rs 6,10,751.98 crore. Reliance Industries remained the most valued firm, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, State Bank of India and Bharti Airtel.