Advertisement
Friday, Jun 09, 2023
Outlook.com
Outlook.com

RIL, Infosys HDFC Bank, SBI, More Add Rs 2.28 Lakh Crore To Market Valuation

The market valuation of Reliance Industries surged Rs 1,35,204.46 crore to Rs 16,62,776.63 crore and that of HDFC Bank jumped Rs 5,125.39 crore to Rs 8,43,528.19 crore.

RIL, Infosys HDFC Bank, SBI, More Add Rs 2.28 Lakh Crore To Market Valuation
RIL, Infosys HDFC Bank, SBI, More Add Rs 2.28 Lakh Crore To Market Valuation
outlookindia.com
2021-12-12T12:25:44+05:30

Seven of the top-10 valued companies together added Rs 2,28,367.09 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer.

Others among the gainers were HDFC Bank, Infosys, HDFC, ICICI Bank, Bajaj Finance and State Bank of India.

The market valuation of Reliance Industries surged Rs 1,35,204.46 crore to Rs 16,62,776.63 crore and that of HDFC Bank jumped Rs 5,125.39 crore to Rs 8,43,528.19 crore.

 Infosys added Rs 9,988.16 crore over the week taking its valuation to Rs 7,39,607.12 crore and ICICI Bank's market capitalisation increased Rs 28,817.13 crore to Rs 5,26,170.49 crore.

The valuation of HDFC rose Rs 7,050.11 crore to Rs 5,08,612.95 crore and Bajaj Finance added Rs 22,993.93 crore to take its valuation to Rs 4,49,747.2 crore.

Besides, the market capitalisation of the State Bank of India stood at Rs 4,41,500.53 crore, a gain of Rs 19,187.91 crore.

On the other hand, the valuation of TCS slid by Rs 1,146.7 crore to Rs 13,45,178.53 crore and Hindustan Unilever tumbled Rs 2,396 crore to Rs 5,48,136.15 crore.

Bharti Airtel's market capitalisation dipped Rs 4,256.32 crore to Rs 3,90,263.46 crore.

 In terms of ranking of the top-10 firms by valuation, Reliance Industries was at the top this week followed by Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever Ltd, ICICI Bank, HDFC, Bajaj Finance, State Bank of India and Bharti Airtel.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement