Mcp of nine of top10 most valued cos zooms Rs.2.6 trn, TCS, Infosys top gainers

Mumbai: The combined market valuation of nine of the ten he combined market valuation of nine of the top-10 most valued firms jumped Rs 2.26 lakh crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers amid an overall bullish trend in equities.

Last week, the BSE benchmark jumped 1,658.15 points or 2.37 per cent.

The 30-share BSE Sensex zoomed 969.55 points or 1.37 per cent to settle at its record closing high of 71,483.75 on Friday. During the day, it surged 1,091.56 points or 1.54 per cent to 71,605.76, its all-time intra-day high leve.

The combined market valuation of the nine companies includieng Reliance Industries, TCS, ICIC Bank and Infosys jumped Rs. 226391.77 crore , while Bharati Airtel was the only laggared from the top ten pack.

The market valuation of TCS jumped Rs. 85,495,74 crore, the most among the top-10 frims.

Infosys added Rs. 36, 793.6 crore, taking its market valuation to 6, 55, 457.54 crore.

The market valuation of State Bank of India surged Rs.30,7006.54 crore to Rs. 5,78,671.84 crore., and that of Reliance Industries climbed Rs 26,386.16 crore to reach Rs.16,88,173.26 crore.

Market capitalisation of ICIC Bank rallied Rs 18,495.9 crore to 7,27,330.82 crore , and that of Life Insurance Corporation of India (LIC) zoomed Rs.14.294.5 crore to 5,03,722.82 crroe.

ITC's valuation moved up by 11,412.78 crore to 9,71,636.39 crore and that of HDFC Bank grew by 2,428.72 crore to 12,57,093.46 crore.

Hindustan Unilever Ltd added Rs Rs.387.69 crore taking its valuation to Rs 5,92,801.88 crore.

Hower, Bharati Airtel's valuation declined by Rs.3654.5 crore to 5,58,242.75 crore.

Reliance Insustries continued to retain the title of the most valuded firm, followed by TCS, HDFC Bank, ICIC Bank, Infosys , Hindustan Unilever, State Bank of India , ITC, Bharati Airtel and LIC.