Mcap of top 10 companies jump ₹3.28 lakh crore; TCS, HUL, RIL lead the pack
₹3.28 lakh crore in market valuation last week, according to a PTI report. Tata Consultancy Services (TCS), Hindustan Unilever (HUL), and Reliance Industries (RIL) were the top performers.Overall, RIL maintained its position as the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, and ICICI Bank rounding off the top five.
The State Bank of India (SBI), Infosys, Life Insurance Corporation of India (LIC), HUL, and ITC followed in the rankings.Also Read | Value vs growth stocks: What should investors prefer amid Indian stock market optimism? Here's what experts sayRIL, TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, HUL, and ITC were the top gainers. These companies saw their market valuations increase by a total of ₹3,28,116.58 crore, as per PTI.Also Read | Week Ahead: Inflation data, US Fed policy, global cues among key market triggers as Nifty 50 eyes 23,500 this weekAlso Read | Upcoming IPOs: 2 new public issues and 4 new listings to keep primary market busy next weekSBI and LIC were the only laggards among the top ten companies.For the market, the BSE benchmark surged by 2,732.05 points or 3.69 per cent last week.
The 30-share BSE Sensex climbed 1,720.8 points or 2.29 per cent, reaching an intra-day peak of 76,795.31 on Friday, June 7. The benchmark closed at a record high of 76,693.36, up 1,618.85 points or 2.16 per cent.(With inputs from PTI) Milestone Alert!
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