M-cap of 5 of top-10 most valued firms jumps Rs 85,582 crore; LIC biggest gainer

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Key Points

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..

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 m-cap 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...

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...