By: ABP News Bureau | Updated at : 17 Jun 2024 10:47 AM (IST)
Top Five Valued Firms: The valuation of LIC surged by Rs 46,425.48 crore to reach Rs 6,74,877.25 crore, marking the highest gain among the top-10 firms. ( Image Source : Getty )
Five of India's top 10 most valued firms collectively added Rs 85,582.21 crore in market valuation last week, driven by a positive trend in equities. Life Insurance Corporation of India (LIC) emerged as the biggest gainer. Om June 13, the BSE benchmark Sensex climbed 299 points (0.39 per cent), hitting an all-time high of 77,145.
Among the top gainers were Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, and LIC. However, Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever, and ITC faced significant erosion in their market valuations. Collectively, these five firms lost Rs 84,704.81 crore in valuation.
LIC
The valuation of LIC surged by Rs 46,425.48 crore to reach Rs 6,74,877.25 crore, marking the highest gain among the top-10 firms.
HDFC Bank
The market capitalisation (Mcap) of HDFC Bank increased by Rs 18,639.61 crore, bringing its total valuation to Rs 12,14,965.13 crore.
Reliance Industries
The company Added Rs 10,216.41 crore to its valuation, now standing at Rs 19,98,957.88 crore.
State Bank of India
SBI saw an increase of Rs 9,192.35 crore in its mcap, reaching Rs 7,49,845.89 crore.
Bharti Airtel
Its valuation went up by Rs 1,108.36 crore, totaling Rs 8,11,524.37 crore.
ALSO READ | FPIs Reverse Trend, Infuse Rs 11,730 Crore In Indian Equities Last Week
Hindustan Unilever
The valuation dropped by Rs 22,885.02 crore to Rs 5,82,522.41 crore.
TCS
The Mcap tumbled by Rs 22,052.24 crore, settling at Rs 13,86,433.05 crore.
Infosys
Lost Rs 18,600.5 crore in valuation, now at Rs 6,18,030.37 crore.
ICICI Bank
Declined by Rs 11,179.27 crore, with a new valuation of Rs 7,77,795.90 crore.
ITC
Saw a reduction of Rs 9,987.78 crore in its valuation, now at Rs 5,38,216.34 crore.
Reliance Industries remains the most valued firm among the top 10, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, LIC, Infosys, Hindustan Unilever, and ITC.
ALSO READ | FM Nirmala Sitharaman To Meet Industry Chambers Ahead Of Budget 2024-25: Report
Share Market Today: Sensex, Nifty Trade Flat Amid Profit Booking. Metals, Auto Drag
Share Market Today: Sensex Ends Above 78000 Mark; Nifty At All-Time High. Private Banks Rally
PrimeInvestor Issues 'Exit Call' On Quant MF After SEBI Acts On Front Running Allegations
Share Market Today: Sensex Rises 200 Points; Nifty Around 23,600 On Firm Asian Cues
Share Market Today: Sensex Jumps 131 Points; Nifty Settles Above 23,500. M&M Gains 2.69%
K.C. Janardhan: Inside The Mind Of 'Maverick' Handwriting Maestro Who Is The Only Indian To Ever Write His Own Passport
What Powers Does RaGa Have As Leader Of Opposition In Lok Sabha? What Will Be His Salary?
Lok Sabha Speaker Election LIVE: Om Birla 'Condemns' Emergency In Lower House, Calls It 'Black Chapter Of India's History'
Marvel's Spider-Man 3: Early Images Leaked Online; Here’s What Insomniac Games’ Upcoming Game Might Bring