M-cap weekly gains: Eight of top-10 firms add Rs 1.69 lakh cr; Bajaj Finance leads rally as LIC, HUL lose value


M-cap weekly gains: Eight of top-10 firms add Rs 1.69 lakh cr; Bajaj Finance leads rally as LIC, HUL lose value

The combined market valuation of eight of the 10 most valued domestic firms jumped Rs 1,69,506.83 crore last week, in line with an upbeat trend at Dalal Street. Bajaj Finance led the gainers, while Hindustan Unilever and LIC were the only laggards.During the week, the BSE benchmark surged 1,193.94 points or 1.47 per cent, boosting the wealth of blue-chip companies.From the top-10 pack, Reliance Industries, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and Bajaj Finance gained in market cap. In contrast, Hindustan Unilever and LIC recorded losses, PTI reported.Bajaj Finance was the standout performer, with its valuation climbing Rs 40,788.38 crore to Rs 6,24,239.65 crore. Infosys followed with a gain of Rs 33,736.83 crore, taking its market capitalisation to Rs 6,33,773.30 crore.Tata Consultancy Services added Rs 30,970.83 crore, pushing its valuation to Rs 11,33,926.72 crore, while Reliance Industries’ mcap advanced Rs 27,741.57 crore to Rs 18,87,509.28 crore.State Bank of India gained Rs 15,092.06 crore to reach Rs 7,59,956.75 crore, ICICI Bank rose by Rs 10,644.91 crore to Rs 10,12,362.33 crore, HDFC Bank added Rs 6,141.63 crore to Rs 14,84,585.95 crore, and Bharti Airtel’s mcap rose Rs 4,390.62 crore to Rs 10,85,737.87 crore.On the other hand, Hindustan Unilever’s valuation fell by Rs 12,429.34 crore to Rs 6,06,265.03 crore, while LIC shed Rs 1,454.75 crore, slipping to Rs 5,53,152.67 crore.Reliance Industries remained the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.





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