Market capitalization: 8 of 10 most valued firms together added Rs 98,000 crore; Infosys, TCS take lead

From the top-10 pack of Sensex, HDFC twins were the only laggards. The market valuation of Infosys jumped Rs 28,170.02 crore. TCS added Rs 23,582.58 crore

|Aug 07, 2022, 10:57:48 IST

New Delhi: Eight of the top ten companies collectively saw their market worth increase by Rs 98,234.82 crore last week, with IT giants Infosys and TCS emerging as the largest gainers amid an uptick in stock prices.

Last week, the BSE benchmark Sensex advanced 817.68 points or 1.42 per cent.

From the top-10 pack, HDFC twins were the only laggards.

The market valuation of Infosys jumped Rs 28,170.02 crore to reach Rs 6,80,182.93 crore.

Tata Consultancy Services (TCS) added Rs 23,582.58 crore, taking its valuation to Rs 12,31,362.26 crore.

The market valuation of Reliance Industries Limited climbed Rs 17,048.21 crore to stand at Rs 17,14,256.39 crore and that of ICICI Bank advanced Rs 13,861.32 crore to Rs 5,83,261.75 crore.

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Market capitalization: 8 of 10 most valued firms together added Rs 98,000 crore; Infosys, TCS take lead

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India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin

Iran war could cut global growth by more than half: World Bank’s chief economist Indermit Gill

Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range

UK inflation cools further to 2.6% in June as transport and food prices ease

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