M-cap of eight of top-10 most valued companies zooms Rs 1.90 lakh cr

New Delhi: The mixed market valuation of eight of the top-10 most valued companies zoomed Rs 1,90,571.55 crore final week, with Bajaj Finance rising as the largest gainer, reflecting bullish investor sentiment. Whereas Reliance Industries Ltd (RIL) and Tata Consultancy Providers (TCS) witnessed erosion of their market capitalisation, remainder of the eight corporations together with Hindustan Unilever Limited, HDFC, ICICI Financial institution and Bharti Airtel emerged as gainers.

The market valuation of Bajaj Finance jumped Rs 35,878.56 crore to Rs 2,63,538.56 crore, turning into the largest gainer among the many top-10 most valued companies.

HDFC Financial institution added Rs 34,077.46 crore to its market valuation, taking it to Rs 7,54,025.75 crore, whereas HDFC’s market capitalisation jumped Rs 31,989.44 crore to Rs 4,15,761.38 crore.

ICICI Financial institution’s valuation rose Rs 30,142.34 crore to Rs 3,35,771.38 crore, whereas that of Hindustan Unilever Ltd gained Rs 22,156.31 crore to Rs 5,14,223.88 crore.

The valuation of Bharti Airtel jumped Rs 17,266.84 crore to Rs 2,62,630.53 crore and that of Kotak Mahindra Financial institution rose Rs 10,520.48 crore to achieve Rs 3,50,501.27 crore.

Infosys added Rs 8,540.12 crore to its market valuation, taking it to Rs 4,82,783.05 crore.

In distinction, the market capitalisation of RIL eroded by Rs 18,392.74 crore to Rs 13,53,624.69 crore.

The valuation of TCS tumbled Rs 14,090.21 crore to Rs 10,02,149.38 crore.

RIL led the chart of top-10 most valued corporations, adopted by TCS, HDFC Financial institution, HUL, Infosys, HDFC, Kotak Mahindra Financial institution, ICICI Financial institution, Bajaj Finance and Bharti Airtel.

Over the previous week, the 30-share BSE Sensex jumped 1,744.92 factors or 4.16 per cent.

Home markets performed a particular one-hour Muhurat buying and selling session on Diwali.