1 min read.Updated: 17 Oct 2021, 04:11 PM IST Edited By Vivek Punj
The BSE benchmark Sensex rallied 1,246.89 points or 2.07 per cent last week, crossing the 61,000-mark for the first time ever on Thursday
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As the Sensex touched new highs, eight of the top-10 most valued companies together added ₹1,52,355.03 crore in market valuation over the last week . HDFC Bank and State Bank of India (SBI) emerged as the biggest gainers during the rally.
Last week, the BSE Sensex rallied 1,246.89 points, or 2.07 per cent. The benchmark index went past the 61,000-mark for the first time ever on Thursday. Markets were closed on Friday for Dussehra.
HDFC Bank lead the gainers last week as its valuation jumped ₹46,348.47 crore to ₹9,33,559.01 crore. The market valuation of State Bank of India grew ₹29,272.73 crore to ₹4,37,752.20 crore. Reliance Industries Limited added ₹18,384.38 crore to ₹17,11,554.55 crore in its valuation.
The market capitalisation of ICICI Bank rose by ₹16,860.76 crore to reach ₹5,04,249.13 crore. HDFC gained ₹16,020.7 crore to reach ₹5,07,861.84 crore in market valuation.
Kotak Mahindra Bank's valuation rose by ₹15,944.02 crore to ₹3,99,810.31 crore. Bajaj Finance saw its m-cap jump by ₹7,526.82 crore to ₹4,74,467.41 crore.
Hindustan Unilever added ₹1,997.15 crore taking its market valuation to ₹6,22,359.73 crore.
Among losers last week, the valuation of Tata Consultancy Services (TCS) eroded by ₹1,19,849.27 crore to ₹13,35,838.42 crore. TCS shares had on Monday tumbled over 6 per cent after the company's September quarter earnings missed market expectations.
Meanwhile, the valuation of Infosys tumbled ₹3,414.71 crore to ₹7,27,692.41 crore.
In the ranking of top-10 firms, Reliance Industries was leading the chart, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Bajaj Finance, State Bank of India and Kotak Mahindra Bank.
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