Mcap tracker: Reliance Industries, HDFC Bank wins big among Top 10; ITC lone laggard

The Top 9 firms together added Rs 1,85,320.49 crore in market valuation

Reliance Industries and HDFC Bank Representational image | Shutterstock/Reuters

Market heavyweights Reliance Industries Ltd and HDFC Bank gained the most among Top 10 firms last week as the benchmark indices struck their life-time highs. ITC was the lone laggard in the Top 10 list with the remaining nine companies minting a combined market valuation of Rs 1,85,320.49 crore.

The 30-share BSE Sensex leaped 1,404.45 points on Friday, taking the benchmark index to its all-time high of 75,636.50 points. The NSE Nifty jumped climbed 455.1 points the same day, with the index breaching the 23,000 landmark for the first time.

Reliance Industries saw its market cap zooming Rs 61,398.65 crore to touch Rs 20,02,509.35 crore, while the market valuation of HDFC Bank reached Rs 11,53,129.36 crore after surging Rs 38,966.07 crore.

The Life Insurance Corporation of India (LIC) added Rs 35,135.36 crore to its mcap, touching Rs 6,51,348.26 crore, while telecom major Bharti Airtel soared Rs 22,921.42 crore, taking its valuation to Rs 7,87,838.71 crore.

The market capitalisation of Hindustan Unilever spiked Rs 9,985.76 crore to Rs 5,56,829.63 crore while Infosys rose Rs 8,821.99 crore to Rs 6,08,198.38 crore and State Bank of India (SBI) hiked Rs 6,916.57 crore to Rs 7,39,493.34 crore.

ICICI Bank jumped Rs 903.31 crore, surging to Rs 7,95,307.82 crore and Tata Consultancy Services (TCS) bounced Rs 271.36 crore, taking it market cap to Rs 13,93,235.05 crore.

The lone laggard, ITC, plunged Rs 436.97 crore, bringing down it valuation to Rs 5,44,458.70 crore.

In terms of market capitalisation, Reliance remained the most valued company in the country. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC, Infosys, Hindustan Unilever and ITC.

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