M-cap of 9 of top-10 firms jumps Rs 2.26 trn; TCS, Infosys biggest gainers

The combined market valuation of nine of the top-10 most valued firms jumped Rs 2.26 lakh crore last week, with Tata Consultancy Services (TCS) and Infosys emerging as the biggest gainers amid an overall bullish trend in equities. Last week, the BSE benchmark jumped 1,658.15 points or 2.37 per cent. The 30-share BSE Sensex zoomed 969.55 points or 1.37 per cent to settle at its record closing high of 71,483.75 on Friday. During the day, it surged 1,091.56 points or 1.54 per cent to 71,605.76, its all-time intra-day high level. The combined market valuation of the nine firms, including Reliance Industries, TCS, ICICI Bank and Infosys, jumped Rs 2,26,391.77 crore, while Bharti Airtel emerged as the only laggard from the top-10 pack. The market valuation of TCS jumped Rs 85,493.74 crore to Rs 14,12,412.13 crore, the most among the top-10 firms. Infosys added Rs 36,793.61 crore, taking its valuation to Rs 6,55,457.54 crore. The market valuation of State Bank of India surged Rs 30,700.

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