๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ข๐ณ ๐ง๐ผ๐ฝ ๐๐ป๐ฑ๐ถ๐ฎ๐ป ๐๐ถ๐ฟ๐บ๐ ๐ฅ๐ถ๐๐ฒ๐ ๐๐ ๐ฅ๐ ๐ญ.๐ต ๐๐ฎ๐ธ๐ต ๐๐ฟ๐ผ๐ฟ๐ฒ
Eight of India's ten most-valued companies increased their combined market value by Rs 1.90 lakh crore last week. The BSE Sensex rose 1,284.61 points or 1.73 percent. The NSE Nifty rose 256.2 points or 1 percent.
Key valuation changes include:
โข ICICI Bank: Added Rs 56,223 crore. New valuation: Rs 9,61,297.77 crore. โข HDFC Bank: Added Rs 38,571.11 crore. New valuation: Rs 11,89,314.42 crore. โข State Bank of India: Added Rs 36,137.87 crore. New valuation: Rs 9,38,661.50 crore. โข Bajaj Finance: Added Rs 18,366.57 crore. New valuation: Rs 5,71,947.54 crore. โข Bharti Airtel: Added Rs 14,380.14 crore. New valuation: Rs 11,10,530.63 crore. โข Larsen & Toubro: Added Rs 13,241.39 crore. New valuation: Rs 5,57,197.83 crore. โข Hindustan Unilever: Added Rs 10,984.34 crore. New valuation: Rs 5,09,285.65 crore. โข Reliance Industries: Added Rs 2,097.54 crore. New valuation: Rs 17,49,418.94 crore.
Companies with lower valuations:
โข TCS: Lost Rs 13,296.47 crore. New valuation: Rs 7,82,049.62 crore. โข LIC: Lost Rs 822.25 crore. New valuation: Rs 5,05,051.07 crore.
Reliance Industries remains the most-valued company in India. The top ten ranking order is Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, Hindustan Unilever, and LIC.
Market gains followed global sentiment shifts and Reserve Bank of India measures to attract foreign currency.
Source: The Times of India