Saturday, 12 March 2022

Nine top firms gain Rs 1.91 trn in m-cap; RIL and Infosys biggest winners

Nine of the 10 most valued companies together added a whopping Rs 1,91,434.41 crore in market valuation last week, with Reliance Industries, Infosys and TCS emerging as the biggest gainers. ICICI Bank was the only laggard from the top-10 pack. Last week, the benchmark Sensex jumped 1,216.49 points or 2.23 per cent. From the gainers' pack, Reliance Industries Limited (RIL) added Rs 49,492.7 crore, taking its valuation to Rs 16,22,543.06 crore. The valuation of Infosys jumped Rs 41,533.59 crore to reach Rs 7,66,447.27 crore. The market valuation of Tata Consultancy Services (TCS) climbed Rs 27,927.84 crore to Rs 13,31,917.43 crore and that of Bharti Airtel zoomed Rs 22,956.67 crore to Rs 3,81,586.05 crore. The market capitalisation (mcap) of Hindustan Unilever Limited advanced Rs 17,610.19 crore to Rs 4,92,204.13 crore and that of HDFC Bank went higher by Rs 16,853.02 crore to Rs 7,74,463.18 crore. State Bank of India's valuation went up by Rs 7,541.3 crore to Rs 4,19,813.73 crore

from Markets https://ift.tt/nk9BGeI

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Goldprice dips Rs 10 to Rs 62,720, silver falls Rs 100 to Rs 74,900

The price of 22-carat gold also fell Rs 10 with the yellow metal selling at Rs 57,490 from Markets https://ift.tt/rpZGNwM