Bharti Airtel, ICICI Bank, 5 other blue-chip firms gain Rs 59,404 crore in mcap in a week
The market valuation of Bharti Airtel jumped Rs 19,029.37 crore to Rs 6,92,861.27 crore. ICICI Bank added Rs 15,363.23 crore, taking its valuation to Rs 7,75,447.63 crore.
![Bharti Airtel, ICICI Bank, 5 other blue-chip firms gain Rs 59,404 crore in mcap in a week](https://cdn.zeebiz.com/sites/default/files/2024/04/14/287872-screenshot-2024-04-14-113518.png?im=FitAndFill=(1200,900))
The combined market valuation of seven of the ten most valued firms climbed Rs 59,404.85 crore in a holiday-shortened last week, with Bharti Airtel and ICICI Bank emerging as the biggest gainers.
Stock markets were closed on Thursday on account of Eid-Ul-Fitr. Last week, Sensex dipped marginally by 3.32 points after a record-breaking rally. The BSE benchmark had settled at an all-time high of 75,038.15 on Wednesday. It scaled the lifetime peak of 75,124.28 on Tuesday.
The market valuation of Bharti Airtel jumped Rs 19,029.37 crore to Rs 6,92,861.27 crore. ICICI Bank added Rs 15,363.23 crore, taking its valuation to Rs 7,75,447.63 crore. Reliance Industries' valuation climbed Rs 10,250.02 crore to Rs 19,85,797.70 crore, and that of Tata Consultancy Services (TCS) soared Rs 7,507.53 crore to Rs 14,47,343.55 crore.
The market capitalisation (mcap) of ITC rallied Rs 2,809.06 crore to Rs 5,36,967.87 crore, while Infosys climbed Rs 2,303.73 crore to Rs 6,16,424.57 crore. State Bank of India's market valuation jumped Rs 2,141.91 crore to Rs 6,84,294.62 crore. However, the mcap of HDFC Bank tanked Rs 23,170.58 crore to Rs 11,53,894.76 crore. The valuation of Life Insurance Corporation of India (LIC) dropped by Rs 13,440.62 crore to Rs 6,14,252.15 crore.
The mcap of Hindustan Unilever declined by Rs 8,153.08 crore to Rs 5,24,663.73 crore. In the ranking of top-10 firms, Reliance Industries continued to retain the title of the most valued company, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC and Hindustan Unilever.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
![https://www.zeebiz.com/markets/stocks/photo-gallery-this-tata-group-stock-turned-every-rs-10000-of-investment-into-rs-11300-in-just-a-week-investors-richer-by-42722-crore-rupees-any-guesses-share-market-news-304023](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307143-tradingpexels.jpg?itok=rw4R7EfH)
A Tata group stock just turned every Rs 10,000 of investment into Rs 11,300 in just a week, investors richer by Rs 42,722 crore; any guesses?
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
01:40 PM IST