Marketcap of five of top-10 most valued firms surges to ₹85,582 crore; LIC leads the pack

1 week ago 8

Copyright &copy HT Digital Streams Limited
All Rights Reserved.

1 min read 16 Jun 2024, 12:06 PM IST checkcibilBtn

Livemint

During the period, the BSE benchmark Sensex roseate by 299.41 points oregon 0.39 per cent, reaching an all-time precocious of 77,145.46 connected June 13.v

Marketcap of 5 retired  of 10 astir   valued firms surged to ₹85,582.21 crore. (iStock)Premium Marketcap of 5 retired of 10 astir valued firms surged to 85,582.21 crore. (iStock)

Last week, 5 of the top-10 astir valued firms collectively gained 85,582.21 crore successful marketplace valuation, driven by a affirmative inclination successful equities, with Life Insurance Corporation of India (LIC) starring the gains.

During the period, the BSE benchmark Sensex roseate by 299.41 points oregon 0.39 per cent, reaching an all-time precocious of 77,145.46 connected June 13.

Among the gainers were Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, and LIC, portion Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever, and ITC saw declines successful their marketplace valuations. These 5 companies unneurotic witnessed a alteration of 84,704.81 crore successful their marketplace capitalization.

Also read: Week Ahead: Macro data, BoE, China argumentation verdicts, FII activity, planetary cues among cardinal marketplace triggers this week

LIC saw the largest increase, with its valuation rising by 46,425.48 crore to scope 6,74,877.25 crore.

HDFC Bank's marketplace capitalization surged by 18,639.61 crore to 12,14,965.13 crore.

Reliance Industries added 10,216.41 crore to its valuation, reaching 19,98,957.88 crore.

State Bank of India's marketplace headdress roseate by 9,192.35 crore to 7,49,845.89 crore, portion Bharti Airtel gained 1,108.36 crore, ending astatine 8,11,524.37 crore.

However, Hindustan Unilever's valuation decreased by 22,885.02 crore to 5,82,522.41 crore.

TCS saw a diminution of 22,052.24 crore successful its marketplace cap, settling astatine 13,86,433.05 crore, and Infosys mislaid 18,600.5 crore, bringing its valuation down to 6,18,030.37 crore.

Also read: Upcoming IPOs: Nine nationalist issues and 1 caller listing scheduled for adjacent week; cheque afloat database here

ICICI Bank's marketplace headdress declined by 11,179.27 crore to 7,77,795.90 crore, and ITC's valuation decreased by 9,987.78 crore, reaching 5,38,216.34 crore.

Reliance Industries remained the astir valued steadfast among the top-10 companies, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, LIC, Infosys, Hindustan Unilever, and ITC.

(With inputs from PTI)

3.6 Crore Indians visited successful a azygous time choosing america arsenic India's undisputed level for General Election Results. Explore the latest updates here!

Catch each the Business News, Market News, Breaking News Events and Latest News Updates connected Live Mint. Download The Mint News App to get Daily Market Updates.

More Less

Published: 16 Jun 2024, 12:06 PM IST

Next Story footLogo

Read Entire Article