Market recap: Four of top 10 firms add Rs 1.43 lakh crore; SBI bags biggest gains
Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatility, overall market indices noted…
The previous week saw a significant uptick in the market valuation of the top 10 most valued companies in India, with four of them adding a combined Rs 1.43 lakh crore. State Bank of India was the biggest beneficiary, with its market capitalisation rising by Rs 63,922.03 crore to Rs 10,11,721.84 crore. Reliance Industries, Tata Consultancy Services (TCS), and Larsen & Toubro also saw substantial gains, with their market capitalisations increasing by Rs 32,816.4 crore, Rs 31,875.35 crore, and Rs 14,637.76 crore respectively.
Despite these gains, the other six firms in the top-10 list saw a combined loss of Rs 1.23 lakh crore. The overall market ended the week higher, with the BSE Sensex gaining 404.53 points (0.51%) and the NSE Nifty advancing 187.05 points (0.76%).
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- Top Firms Add ₹1.43 Lakh Crore In Market Value, SBI Emerges As Biggest Weekly Gainer freepressjournal.in
- Mcap of four of top-10 most valued firms jumps ₹1.43 lakh crore; State Bank biggest winner thehindubusinessline.com
