Nine of top10 firms add Rs 90,319 cr in market valuation

| | New Delhi
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Nine of top10 firms add Rs 90,319 cr in market valuation

Monday, 31 October 2022 | PTI | New Delhi

Nine of the 10 most valued domestic firms together added `90,318.74 crore in market valuation last week amid a positive trend in equities, with Reliance Industries emerging as the biggest winner.

Last week, the 30-share BSE benchmark Sensex climbed 652.7 points or 1.10 per cent.

 Markets had a special one-hour Muhurat trading session on Monday to mark the beginning of Hindu Samvat year 2079. Stock markets were closed on Wednesday for ‘Diwali Balipratipada’.

 Barring Hindustan Unilever, rest nine companies witnessed addition in their market valuation, including Tata Consultancy Services (TCS), HDFC Bank, Infosys and State Bank of India (SBI).

 The market valuation of Reliance Industries rallied `36,566.82 crore to reach `17,08,932.42 crore.

 The market capitalisation (mcap) of HDFC Bank advanced `11,195.61 crore to `8,12,378.52 crore.

 Bharti Airtel’s market valuation jumped `10,792.67 crore to `4,54,404.76 crore and that of SBI climbed `8,879.98 crore to `5,09,372.21 crore. TCS added `8,617.06 crore, taking its valuation to `11,57,339.65 crore.

 The mcap of HDFC surged `8,214.27 crore to `4,36,240.27 crore and that of Infosys zoomed `5,259.92 crore to `6,36,476.13 crore.

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