Four of the top 10 valued firms added a total ₹1,15,758.53 crore to their combined market valuation last week, helped by Reliance Industries which added ₹71,033.44 crore to its market cap. The BSE benchmark scaled the 50,000-mark for the first time on Thursday. Last week, the 30-share BSE benchmark dipped 156.13 points or 0.31 per cent. Reliance Industries Limited, Tata Consultancy Services (TCS), Hindustan Unilever Limited and Bajaj Finance witnessed a rally in their market valuation. On the other hand, HDFC Bank, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank and Bharti Airtel suffered cumulative loss of ₹48,941.18 crore in their valuations.
HDFC's mcap dipped ₹7,677.82 crore to ₹4,66,123.79 crore and that of Kotak Mahindra Bank declined ₹6,416.75 crore to ₹3,62,665.26 crore. The valuation of ICICI Bank fell by ₹6,370.02 crore to ₹3,68,375.92 crore and that of Infosys by ₹1,980.71 crore to ₹5,70,976.45 crore. In the ranking of top-10 firms, Reliance Industries Limited continued to rule the list followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Kotak Mahindra Bank, Bharti Airtel and Bajaj Finance Limited.