Mcap: Five of top-10 most valued firms add ₹95,337.95 cr, RIL leads

Last week, the BSE benchmark climbed 319.87 points or 0.52 per cent. On Friday, 30-share BSE Sensex The Sensex ended 316.94 points or 0.52 per cent lower at 61,002.57 as 22 of its components ended in the red.

Fed chief Siddharth Khemka said, “Higher US inflation data and lower jobs claims data led to hawkish comments by some US Fed officials, hurting sentiments and raising fears of an aggressive rate hike at subsequent meetings.” ” Retail Research at Motilal Oswal Financial Services Ltd.

Whereas RILICICI Bank, HDFC, ITC and Bharti Airtel were gainers from the top-10 pack, Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever and State Bank of India were laggards.

“On the domestic front, even the corporate earnings growth for 3QFY23 was hit by a weak demand environment and margin pressure due to inflation,” Khemka said.

RIL’s market valuation increased 70,023.18 crore from 16,50,677.12 crores.

ITC’s mcap or market capitalization increased 14,834.74 crore from 4,75,767.12 crores.

ICICI Bank’s valuation jumped 6,034.51 crores from 6,01,920.14 crore and Bharti Airtel climbed 3,288.43 crores from 4,32,763.25 crores.

hdfc mcap increased 1,157.09 crores from 4,92,237.09 crores.

However, the valuation of State Bank of India has come down 19,678.77 crores from 4,73,807.64 crores.

Hindustan Unilever’s mcap fell 14,825.92 crore from 5,90,933.95 crore and the tank of Tata Consultancy Services 13,099.41 crores from 12,80,539.91 crores.

Infosys valuation dropped 10,309.8 crores from 6,66,328.56 crore and HDFC Bank fell from 14.3 crores 9,23,919.15 crores.

RIL continued to rule the chart of most valued firms followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, HDFC, ITC, State Bank of India and Bharti Airtel.

with agency inputs