Market cap of India’s top 10 firms last week; HDFC, LIC biggest gainers

By News Update On Nov 24, 2024

New Delhi: With BSE benchmark surging 1,536.8 points and the Nifty climbing 374.55 points let’s see what was the market capitalisation of the top-10 most valued domestic companies in India last week. Data showed that eight of the 10 domestic firms together added Rs 1,55,603.45 crore in market valuation last week. The Sensex jumped 1,961.32 points to close at 79,117.11 on November 22, 2024. The Nifty soared jumped points 23,907.25.

Country’s largest private sector Bank, HDFC Bank and biggest IT company, Tata Consultancy Services, emerged as the biggest gainers as markets Indian stock market reacted positively to firm trend in equities.

Reliance Industries and Life Insurance Corporation (LIC) emerged as the biggest laggards. RIL’s mcap dropped Rs 2,368.16 crore to Rs 17,13,130.75 crore. While insurance behemoth’s market capitalisation declined Rs 11,954.24 crore to Rs 5,62,545.30 crore.

HDFC Bank’s market valuation surged Rs 40,392.91 crore to Rs 13,34,418.14 crore. It was the top performer among the top-10 firms. Tata Group’s Tata Consultancy Services added Rs 36,036.15 crore to Rs 15,36,149.51 crore in its mcap.

ICICI Bank, country’s second largest private bank, recorded its valuation surging by Rs 16,266.54 crore to Rs 9,01,866.22 crore. Infosys, country’s second largest IT company’s wealth soared Rs 16,189.33 crore to Rs 7,90,151.83 crore.

FMCG major Hindustan Unilever (HUL) reported its market capitalisation (mcap) climbing Rs 13,239.95 crore to Rs 5,74,569.05 crore. ITC’s market capitalisation appreciated Rs 11,508.91 crore to Rs 5,94,272.93 crore.

Telecom major Bharti Airtel’s market valuation gained Rs 11,260.11 crore to Rs 8,94,068.84 crore. Country’s largest public sector bank, State Bank of India, recorded its wealth surged Rs 10,709.55 crore to Rs 7,28,293.62 crore.

Despite losses, Reliance Industries remained at the top amongst the most valued domestic firms in India. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC.