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Mcap Of Nine Of Top-10 Most-Valued Firms Surges Rs 3 Lakh Crore; ICICI Bank, Airtel Biggest Gainers

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Reliance Industries remained the most valued domestic firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and ITC.
The market capitalization of nine out of the top ten most valued firms in India surged by a combined Rs 3 lakh crore last week, with ICICI Bank and Bharti Airtel emerging as the biggest gainers. ICICI Bank's valuation increased by Rs 60,380.13 crore to Rs 8,57,680.63 crore, while Bharti Airtel's market cap rose by Rs 59,795.06 crore to Rs 8,42,791.65 crore. Other companies that saw gains included Reliance Industries, ITC, Infosys, HDFC Bank, State Bank of India, HDFC, and Tata Consultancy Services (TCS). However, Hindustan Unilever Limited (HUL) was the only firm to see a decline, with its market cap dropping by Rs 18,244.33 crore to Rs 5,30,126.53 crore. This market movement reflects significant investor confidence in these companies amidst broader market trends.

Read the Full News18 Article at:
[ https://www.news18.com/business/markets/mcap-of-nine-of-top-10-most-valued-firms-surges-rs-3-lakh-crore-icici-bank-airtel-biggest-gainers-9271648.html ]