Top 10 firms gain Rs 31K cr in a week

The country's top 10 firms added over Rs 31,000 crore to their combined market valuation in the past week.

The country’s top 10 firms added over Rs 31,000 crore to their combined market valuation in the past week,which witnessed an uptrend in the stock market,even as Infosys and ITC suffered losses.

At the end of Friday’s trade,the total market value of the 10 most valued firms,comprising six public sector and four private sector entities,stood at Rs 10,75,484 crore,up from Rs 10,44,468.72 crore a week-ago.

While the premium club gained Rs 31,014 crore in their valuation last week,Infosys and ITC together lost Rs 3,162.39 crore. Mukesh Ambani-led Reliance Industries gained the most and added Rs 7,468 crore,taking its market capitalization (M-Cap) to Rs 2,18,907 crore.

Story continues below this ad

During the week,shares of RIL gained 1.42 per cent to Rs 1,390.95. The jump in the scrip pulled up its valuation from Rs 2,11,440 crore in the week-ago period.

IT bellwether Infosys witnessed an erosion of Rs 1,861 crore in its valuation in the previous week and dropped to seventh position from last week’s fifth. At the end of Friday’s trade,its M-Cap stood at Rs 71,849 crore.

Also diversified conglomerate ITC saw its valuation declining to Rs 67,536 crore,a drop of Rs 1,301 crore. It also slipped one place in the top 10 club to ninth position.

‘Bangladeshis’ and ‘ghuspaithiyas’: BJP MP Brij Lal stops five sanitation workers on road in to quiz them on video

‘Bangladeshis’, ‘ghuspaithiyas’: On camera, BJP MP quizzes 5 sanitation workers

Cities3 hr ago

BJP MP and former UP DGP Brij Lal has sparked controversy with a video accusing five sanitation workers in Lucknow's Gomti Nagar Extension of being Bangladeshi infiltrators. Lal, a former IPS officer, claims to know how terrorism works and alleges that these workers are a threat to the nation. He appeals to CM Yogi Adityanath to deport them and claims they have fake identities.

View all shorts

Live Blog

PHOTOS