Page 7 - Fm Cap News Today

Among the four firms, the valuation of Tata Consultancy Services (TCS) tumbled the most by Rs 40,640.76 crore to stand at Rs 13,49,037.36 crore.

From the top-10 list, the market capitalisation (m-cap) of HDFC Bank surged Rs 41,469.24 crore to reach Rs 8,35,324.84 crore, while RIL added Rs 39,073.7 crore to its m-cap to Rs 17,95,709.10 crore.

The combined m-cap of India's top-10 companies zoomed by Rs 2,71,184.67 crore during last week mirroring the bullish trend in the broader market.

The top-10 valued companies added a whopping Rs 2.72 lakh crore to their market valuation last week, as the domestic equity benchmarks witnessed heavy buying tracking an overall bullish trend in global equities. The benchmark indices made strong gains in the holiday-truncated week. The 30-share BSE Sensex climbed 2,313.63 points or 4.16 per cent, while the NSE Nifty advanced

While, Reliance Industries Ltd. (RIL), Infosys and Tata Consultancy Services (TCS) emerged as the biggest gainers, ICICI Bank was the only laggard on the list.

Equity market capitalisation dropped to a seven-month low in February, with the top 10 companies losing a whopping Rs 3,33,307.62 crore in market valuation last week. The total equity market capitalisation (m-cap) in February 2022 stood at Rs 2,49,97,053.39 crore. The previous low was in July 2021, when the m-cap of BSE-listed companies was at Rs 2,35,49,748.9 crore. In

The market capitalisation (m-cap) of TCS zoomed Rs 36,694.59 crore to Rs 14,03,716.02 crore.

The only gainer from the top-10 pack was Reliance Industries Ltd. (RIL) which emerged as the most valued company by market valuation.

The only gainer from the top-10 pack was Reliance Industries Ltd. (RIL) which emerged as the most valued company by market valuation.

On the top-10 list, Reliance Industries Ltd. (RIL) and HDFC were the only two companies that witnessed an erosion in their market valuation.