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Mcap of 3 of top-10 most valued firms jumps by Rs...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo New Delhi, Jan 18 : The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities. Last week, the BSE benchmark Sensex dipped 5.89 points, and the NSE Nifty went up by 11.05 points. While ICICI Bank, State Bank of India and Infosys were the gainers, Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen & Toubro faced a combined erosion of Rs 75,549.89 crore from their valuation.

Mcap of 3 of top-10 most valued firms jumps by Rs...

Credit: Dailyexcelsior

Key Highlights

  • The combined erosion of these seven firms was less than the total m-cap addition of Rs 75,855.43 crore of the three companies – ICICI Bank, State Bank of India and Infosys.
  • SBI’s market valuation jumped Rs 39,045.51 crore to Rs 9,62,107.27 crore, becoming the biggest gainer.
  • The market capitalisation (mcap) of Infosys surged Rs 31,014.59 crore to Rs 7,01,889.59 crore.
  • ICICI Bank added Rs 5,795.33 crore taking its valuation to Rs 10,09,470.28 crore.
  • However, the mcap of Reliance Industries tumbled Rs 23,952.48 crore to Rs 19,72,493.21 crore.
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Sources

  1. Mcap of 3 of top-10 most valued firms jumps by Rs...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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