Market cap of 6 of top 10 most valuable firms jumps ₹86,848 crore; HDFC Bank, RIL amongst top gainers
Live MintNew Delhi, Dec 29 Six of the top-10 most valued firms together added ₹86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. While Reliance Industries, HDFC Bank, ICICI Bank, Bharti Airtel, ITC and Hindustan Unilever were the winners, Tata Consultancy Services, Infosys, State Bank of India and Life Insurance Corporation of India suffered erosion from their market valuation. The valuation of ITC jumped ₹17,933.49 crore to ₹5,99,185.81 crore, and that of ICICI Bank climbed ₹15,254.01 crore to ₹9,22,703.05 crore. The market cap of Bharti Airtel soared ₹11,948.24 crore to ₹9,10,735.22 crore, and Hindustan Unilever rallied ₹1,245.29 crore to ₹5,49,863.10 crore.