Mcap of 9 companies out of 10 most valuable companies increased, Reliance topped

In the last trading week, the M-Cap of nine of the ten most valuable companies in the stock market has increased. The combined mcap of all these nine companies increased by Rs 97,463.46 crore last week. Out of the mcap of all these companies, the maximum increase has occurred in the mcap of Reliance Industries.

Last week, the BSE benchmark had risen 580.98 points or 0.91 percent. Barring Bajaj Finance, the remaining nine companies including Reliance Industries, HDFC Bank, ICICI Bank, and State Bank of India were the top gainers.

In the last trading week, the mcap of Reliance increased by Rs 36,399.36 crore to Rs 15,68,995.24 crore. Apart from this, the mcap of State Bank of India increased by Rs 15,305.71 crore to reach Rs 5,15,976.44 crore.

Shares of ICICI Bank rose by Rs 14,749.52 crore to Rs 6,54,042.46 crore and HDFC Bank's valuation rose by Rs 11,657.11 crore to Rs 11,25,842.89 crore.

Bharti Airtel's mcap rose by Rs 9,352.15 crore to Rs 5,23,087.22 crore and Hindustan Unilever Ltd's mcap rose by Rs 6,320.4 crore to Rs 5,89,418.46 crore. Infosys' mcap increased by Rs 3,507.08 crore to Rs 5,76,529.86 crore.

The valuation of Tata Group's Tata Consultancy Services (TCS) increased by Rs 109.77 crore to Rs 12,26,093.23 crore and that of ITC increased by Rs 62.36 crore to Rs 5,40,699.70 crore. However, Bajaj Finance's mcap declined by Rs 5,210.91 crore to Rs 4,49,604.04 crore.

Reliance Industries got the first position, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, Bharti Airtel, State Bank of India, and Bajaj Finance at the second position.