Mcap of 6 of top-10 most valued firms jumps Rs 1.9 trn; Infosys tumbles

The combined market valuation of 6 of the top-10 most valued firms jumped Rs 1,97,734.77 crore last week, with ICICI Bank and HDFC Bank emerging as the biggest winners, in-line with optimistic trends in equities.

Last week, the BSE benchmark jumped 1,653.37 points or 1.99 per cent.

The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped 1,509.66 points or 1.81 per cent to hit the lifetime intra-day peak of 84,694.46.

The valuation of ICICI Bank surged Rs 63,359.79 crore to Rs 9,44,226.88 crore, the most among the top-10 firms.

HDFC Bank added Rs 58,569.52 crore taking its market valuation to Rs 13,28,605.29 crore.

Bharti Airtel's valuation soared Rs 44,319.91 crore to Rs 9,74,810.11 crore.

The market capitalisation (mcap) of Reliance Industries climbed Rs 19,384.07 crore to Rs 20,11,544.68 crore.

Hindustan Unilever's valuation gained Rs 10,725.88 crore to Rs 7,00,084.21 crore and that of ITC went u