[India] - Mcap of 9 of top-10 most valued firms jump Rs 2 trn; Bharti Airtel sparkles

INSUBCONTINENT EXCLUSIVE:
Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent
The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday | (Photo: Shutterstock)2 min read Last Updated : Sep 15 2024 | 10:39
AM IST Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with Bharti Airtel stealing
the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent
The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs
9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of ICICI Bank surged Rs 29,662.44
crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63
Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs
15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance Industries jumped Rs 9,878.19 crore to Rs 19,92,160.61 crore and that
of State Bank of India went up by Rs 7,095.07 crore to Rs 7,05,535.20 crore. However, the mcap of Life Insurance Corporation of India
(LIC) declined by Rs 3,004.38 crore to Rs 6,54,004.76 crore. Reliance Industries was leading the chart of the top-10 most valued firms
followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, LIC and ITC.(Only the headline and
picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated
feed.)First Published: Sep 15 2024 | 10:39 AMIST