India

Last week, BSE benchmark Sensex climbed 299.41 points or 0.39 per cent.

The 30-share barometer hit its all-time high of 77,145.46 on June 13 | Photo Credit: Ruby Sharma2 min read Last Updated : Jun 16 2024 | 10:49 AM IST Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in-line with positive trend in equities. Last week, BSE benchmark Sensex climbed 299.41 points or 0.39 per cent.

The 30-share barometer hit its all-time high of 77,145.46 on June 13. While Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India and LIC were the gainers, Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever and ITC faced erosion from their market valuation.

The five firms together lost Rs 84,704.81 crore from market valuation. The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. The market capitalisation (mcap) of HDFC Bank rallied Rs 18,639.61 crore to Rs 12,14,965.13 crore. Reliance Industries added Rs 10,216.41 crore, taking its valuation to Rs 19,98,957.88 crore. The mcap of State Bank of India climbed Rs 9,192.35 crore to Rs 7,49,845.89 crore and that of Bharti Airtel went up by Rs 1,108.36 crore to Rs 8,11,524.37 crore. However, the valuation of Hindustan Unilever dropped by Rs 22,885.02 crore to Rs 5,82,522.41 crore. The mcap of TCS tumbled Rs 22,052.24 crore to Rs 13,86,433.05 crore and that of Infosys eroded by Rs 18,600.5 crore to Rs 6,18,030.37 crore. ICICI Bank's valuation declined by Rs 11,179.27 crore to Rs 7,77,795.90 crore and that of ITC went lower by Rs 9,987.78 crore to Rs 5,38,216.34 crore. Reliance Industries remained the most valued firm in the pack of top-10 companies, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, LIC, Infosys, Hindustan Unilever and ITC.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Jun 16 2024 | 10:49 AMIST





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE


India M As back in action, up 14% in the first nine months of 2024


Plutus Wealth increases shareholding in SpiceJet, buys Rs 50 cr worth share


[India] - Protect Connection launches Honeywell-branded air purifiers: Check details


Google Pixel 9a leaked renders mean departure from visor try to find camera


[India] - Market regulator Sebi presents 6 steps to control F O speculation


[India] - India M As back in action, up 14% in the first nine months of 2024


Plutus Wealth increases shareholding in SpiceJet, buys Rs 50 cr worth share


[India] - AIX Connect's merger into Air India Express is total, says DGCA


[India] - Ola Electric's supremacy fades as Indian e-scooter battle intensifies


[India] - Govt launches PM E-DRIVE aid scheme for EVs with Rs 10,900 cr expense


[India] - IIFL Home Finance to raise up to Rs 3,000 cr via public issue of bonds


[India] - Stock Market Highlights, Oct 01: Sensex ends flat, Nifty below 25,800; Smallcap shares shine


[India] - Is celeb overdose killing brands HRX, Kay Beauty shine; some struggle


'A masterstroke': Indian Army chief on Israel's Hezbollah pager attack


[India] - Protect Connection launches Honeywell-branded air cleansers: Check details


Rahee Infratech files IPO papers with Sebi, intends to raise Rs 420 crore


[India] - AI Express-AIX Connect merger type in improvement journey: Wilson


Godrej Properties' board approves Rs 6,000 cr fund raise through securities


Lufthansa aims to restore 'problem child' airline company by 2026: CEO Carsten Spohr


[India] - Ford prepares to make EVs at TN plant, seeking re-entry into Indian market


Google Pixel 9a dripped renders mean departure from visor try to find video camera


Sebi to take step for F O sector quickly; require tax breaks on bonds


Sun Pharma indications certifying pact with Philogen for cancer medication


Sun Pharma signs certifying pact with Philogen for cancer medication


[India] - Soft increase in new company, output slows mfg PMI to 8 month low in Sep


Qatar Airways purchases into Virgin Australia, raises stakes against Qantas


[India] - OnePlus 13 with Qualcomm SD 8 Gen 4 might introduce in October: What to expect


Qatar Airways purchases into Virgin Australia, raises stakes against Qantas


Soft increase in New business, Output slows mfg PMI to 8 month low in Sept


[India] - OnePlus 13 with Qualcomm SD 8 Gen 4 might release in October: What to anticipate


[India] - Ahead of festive season, 19 kg commercial LPG price hiked by Rs 48


[India] - Film star Govinda shoots himself in the foot accidentally, admitted to ICU


[India] - Ahead of joyful season, 19 kg industrial LPG price treked by Rs 48


[India] - Govinda shoots himself in the foot while cleaning gun, confessed to ICU





53