Amid a bullish atmosphere in the stock market last week, the total market valuation of 9 of the top-10 most valuable companies increased by Rs. 3.65 lakh crore has increased. TCS, Bharti Airtel and Infosys were the top gainers. Last week, BSE’s benchmark index Sensex rose 2,256.94 points or 3.11 percent, while NSE Nifty rose 625.7 points or 2.77 percent. Recovery continued in the Indian equity market this week as well. Nifty-50 and Sensex recorded their strongest weekly performance in nearly six months. The Nifty-50 gained around 2.8 percent, while the Sensex gained around 3.1 percent.

Ponmudi R., CEO of online trading and wealth tech firm ‘Enrich Money’. It said that the main reason for this surge was the strong rise in IT shares after the good results of the September quarter. Apart from this, renewed investor interest in heavyweight stocks also supported the market. Shares of Reliance Industries, Bharti Airtel, HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), State Bank of India, Bajaj Finance, Life Insurance Corporation of India (LIC) and Infosys rose, while Larsen & Toubro (L&T) declined. Let us also tell you how much the market value of the company increased.

Valuations of these companies increased tremendously

1. Among the top-10 companies, TCS had the highest market valuation at Rs. 1,08,542.63 crore to Rs. 8,91,134.96 crores.
2. Bharti Airtel is valued at Rs. 61,406.53 crore increased to Rs. 11,88,815.45 crores.
3. Infosys, one of India’s largest IT companies, is valued at Rs. 55,893.05 crore increased to Rs. 4,71,409.41 crores.
4. On the other hand, Reliance Industries, the country’s largest company, is valued at Rs. 53,047.56 crore increased to Rs. 16,37,437.19 crores.
5. HDFC Bank, the country’s largest private lender, has a market capitalization (mcap) of Rs. 32,379.05 crore increased to Rs. 11,22,628.07 crores.
6. ICICI Bank, the country’s second largest private lender, has a market cap of Rs. 30,769.95 crore increased to Rs. 10,02,871.44 crores.
7. Bajaj Finance, the country’s largest NBFC, is valued at Rs. 14,786.65 crore to Rs. 6,11,326.72 crores.
8. LIC, the country’s largest insurance company, has a market cap of Rs. 4,933.5 crore to Rs. 5,02,204.82 crores.
9. State Bank of India (SBI), the country’s largest government bank, has a market cap of Rs. 3,323.07 crore to Rs. 8,87,722.84 crores.
10. Larsen & Toubro (L&T), the country’s largest infra company, has a market cap of Rs. 9,232.26 crores down to Rs. 4,99,725.06 crores.