These companies added over ₹1.5 lakh crore to market cap last week

Six of the ten most valuable firms saw an increase in their total market value 1,56,247.35 crore last week, with Reliance Industries Ltd (RIL) recording the largest gain. While Infosys, HUL and LIC faced losses over the holiday-shortened week, RIL, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HDFC, and Bajaj Finance saw gains in their market capitalization (m-cap). Due to Muharram, stock markets were closed on Tuesday.

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The RIL was valued at a whopping 17,81,028.47 crore, up from 66,772.08 crore. TCS had an increase in its market capitalization of 12,642.03 crore two 12,44,004.29 crore, and HDFC Bank saw an increase of 32,346.90 crore two 8,25,207.35 crore.

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ICICI Bank’s market capitalization increased by 25,467.37 trillion two 6,08,729.12 trillion, and HDFC’s increased by 18,679.93 trillion two 4,45,759.90 trillion. Bajaj Finance’s market value rose by 339.04 crore two 4,42,496.12 crore.

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The mcap of Infosys, in comparison, dropped by 9,262.29 crore two 6,70,920.64 crore. HUL experienced a decline in value of 11,454.26 crore two 6,09,765.92 crore, and LIC had a decline in value of 3,289.00 crore two 4,31,459.72 crore. SBI’s market capitalization remained at 4,73,584.52 trillion.

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Reliance Industries maintained its position as the most valuable domestic company in the top-10 list of companies, followed by TCS, HDFC Bank, Infosys, HUL, ICICI Bank, SBI, HDFC, Bajaj Finance, and LIC.

The major benchmark indices last week registered increases for the fourth consecutive week, with the Sensex rising by 1.074% or 1.83% and the Nifty rising by 300 points or 1.95% on a weekly basis.

(With PTI inputs)

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