Market value of nine leading companies up Rs 2.22 trn; RIL and TCS lead

Nine of the top-10 most valued domestic companies together added a whopping Rs 2,22,591.01 crore in market valuation last week, with heavyweights RIL, TCS and HDFC twins gaining the most.

During the last week, the BSE benchmark Sensex rallied 1,690.88 points or 3.21 per cent. The index reached its all-time high of 54,717.24 on August 5.

Barring Bajaj Finance, rest nine companies — Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever Ltd (HUL), ICICI Bank, HDFC, State Bank of India and Kotak Mahindra Bank — logged gains.

The market valuation of TCS jumped Rs 52,766.97 crore to Rs 12,24,441.49 crore.