Last week, the combined market value of three of the top ten domestic firms fell by Rs 1,22,852.25 crore, with Reliance Industries emerging as the biggest laggard. Tata Consultancy Services (TCS) and Infosys were the other two blue chips whose valuations were under pressure.
In contrast, HDFC Bank, Hindustan Unilever, ICICI Bank, State Bank of India, HDFC, Bajaj Finance, and Adani Transmission were the gainers. Their total profit was Rs 62,221.63 crore.
The BSE benchmark Sensex fell 30.54 points, or 0.05 percent, during the holiday-shortened week.
Reliance Industries’ market capitalization fell by Rs 60,176.75 crore to Rs 17,11,468.58 crore.
TCS’s market capitalization (mcap) fell by Rs 33,663.28 crore to Rs 11,45,155.01 crore, while Infosys’ fell by Rs 29,012.22 crore to Rs 6,11,339.35 crore.
HDFC Bank added Rs 12,653.69 crore to its valuation, bringing it to Rs 8,26,605.74 crore.
Adani Transmission’s valuation increased by Rs 12,494.32 crore to Rs 4,30,842.32 crore, making it the most valued company in India.
On Tuesday, Adani Transmission entered the top ten list (August 30).
The mcap of State Bank of India (SBI) increased by Rs 11,289.64 crore to Rs 4,78,760.80 crore, while HDFC increased by Rs 9,408.48 crore to Rs 4,44,052.84 crore.
Bajaj Finance’s valuation increased by Rs 7,740.41 crore to Rs 4,35,346 crore, while Hindustan Unilever’s increased by Rs 7,612.68 crore to Rs 6,11,692.59 crore.
ICICI Bank increased its valuation to Rs 6,07,352.52 crore by adding Rs 1,022.41 crore.
Reliance Industries remained number one in the top-10 list, followed by TCS, HDFC Bank, Hindustan Unilever, Infosys, ICICI Bank, SBI, HDFC, Bajaj Finance, and Adani Transmission.
