Six of the 10 most valued domestic companies together added a staggering ₹1.26 lakh crore in market valuation last week, with RIL and HDFC Bank topping the chart. RIL’s market valuation zoomed by ₹34,453.13 crore to ₹8,29,632.75 crore, the most among the frontline entities. HDFC Bank’s valuation jumped ₹24,098.72 crore to ₹ 6,80,645.09 crore and ICICI Bank added ₹20,603.11 crore to its m-cap to reach ₹2,90,132.25 crore. The m-cap of Kotak Mahindra Bank advanced ₹20,213.04 crore to ₹3,14,037.87 crore and that of ITC moved up by ₹18,158.46 crore to ₹3,10,725.34 crore. The valuation of Infosys tumbled ₹9,771.22 crore to ₹3,36,022.65 crore and that of TCS tanked ₹3,339.62 crore to ₹7,71,752.96 crore.

Source: The Hindu September 29, 2019 05:06 UTC