Valuation of 7 of top 10 firms spikes by Rs 1.55 lakh crore; Reliance, TCS biggest gainers

Last week, the combined market valuation of seven of the top 10 most valued firms spiked by Rs 1,55,710.74 crore.

Reliance Industries and Tata Consultancy Services emerged as the biggest gainers amid a positive trend in domestic equities.

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Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Bajaj Finance, Infosys, and Life Insurance Corporation of India (LIC) were the gainers, while HDFC Bank, ICICI Bank, and Hindustan Unilever saw their valuations erode.

In a rank-wise analysis, Reliance Industries remained the most valued domestic firm. It was followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever Ltd and LIC.

Reliance Industries added Rs 46,687.03 crore, taking its mar