Top 10 companies add Rs 130 crore to market valuation, HDFC Bank is the biggest gainer

The combined market valuation of the top 10 most valued companies rose by Rs 130 crore last week with HDFC Bank emerging as the biggest gainer amid an overall positive stock trend.
Last week, the BSE benchmark rose 878.4 points or 1.34 percent. HDFC Bank’s market valuation rose by Rs 37,262.86 crore to Rs 12,30,015.05 crore, the highest among the top 10 companies.

Reliance Industries added Rs 24,356.24 crore, taking its value to Rs 16,56,934.23 crore. Tata Consultancy Services (TCS) valuation rose by ₹23,436.22 crore to ₹12,59,902.86 crore and that of State Bank of India rose by ₹12,271.34 crore to ₹5,20,706.48 crore. Bharti Airtel’s market capitalization (mcap) rose by Rs 11,101.41 crore to Rs 4,95,368.83 crore and that of Infosys rose by Rs 11,039.95 crore to Rs 6,09,957.34 crore.

Bajaj Finance’s MCap rose by Rs 5,592.63 crore to Rs 4,48,943.59 crore and Hindustan Unilever’s rose by Rs 2,267.36 crore to Rs 5,90,839.97 crore. ITC’s valuation rose by Rs 1,718.63 crore to Rs 5,51,932.70 crore and that of ICICI Bank rose by Rs 1,111.59 crore to Rs 6,79,479.96 crore. Reliance Industries remained the highest valued company, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance.