The fused market value of the eight of the top-10 most valuable companies rallied to Rs 1,90,571.55 crore last week and Bajaj Finance emerged as the biggest plunger reflecting positive sentiment. While Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) witnessed abrasive market capitalisation structure, rest of the companies including Hindustan Unilever Limited, HDFC, ICICI Bank and Bharti Airtel emerged as a market achiever.
Bajaj Finance’s market valuation surged by Rs 35,878.56 crore to Rs 2,63,538.56 crore, becoming the top market gainer while HDFC Bank’s value jumped by Rs 34,077.46 crore to Rs 7,54,025.75 crore, while HDFC’s market capitalisation surged by Rs 31,989.44 crore to Rs4,15,761.38 crore.
ICICI Bank’s valuation jumped by Rs 30,142.34 crore to Rs 3,35,771.38 crore, while Hindustan Unilever Ltd’s value rose by Rs 22,156.31 crore to Rs 5,14,223.88 crore.
Bharti Airtel’s value rose by Rs 17,266.84 crore to Rs 2,62,630.53 crore and Kotak Mahindra Bank gained Rs 10,520.48 crore to reach Rs 3,50,501.27 crore. Infosys gained Rs 8,540.12 crores taking its market valuation to Rs 4,82,783.05 crore.
RIL market value drowned by Rs 18,392.74 crore to Rs 13,53,624.69 crore while TCS’s market value dropped by Rs 14,090.21 crore to Rs 10,02,149.38 crore. RIL followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel formed the chart of the top-10 most valued companies sequentially. During last week, the 30-share Bombay Stock Exchange’s Sensex rallied 1,744.92 points or 4.16 percent.
Domestic markets facilitated a special hour-long Muhurat trading session on Diwali.