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Market cap tracker: HDFC Bank lone laggard among Top 10 firms

Reliance Industries, TCS gain most in the list

Representational image | Reuters

India's largest lender HDFC Bank was the only company among the Top 10 that saw its market valuation eroding last week while Reliance Industries and Tata Consultancy Services (TCS) gained the most.

The market capitalisation of HDFC Bank plummeted by Rs 4,835.34 crore to settle at Rs 12,38,606.19 crore on Friday.

The remaining nine firms in the Top 10 basket saw their valuation zooming, with a combined market capital of Rs 95,522.81 crore.

Reliance Industries soared by Rs 29,634.27 crore to record a market cap of Rs 20,29,710.68 crore while TCS surged Rs 17,167.83 crore to reach Rs 16,15,114.27 crore.

Hindustan Unilever rallied by Rs 15,225.36 crore to Rs 6,61,151.49 crore while telecom major Bharti Airtel leaped by Rs 12,268.39 crore to Rs 8,57,392.26 crore.

ICICI Bank climbed by Rs 11,524.92 crore to Rs 8,47,640.11 crore, ITC hiked Rs 3,965.14 crore to Rs 6,32,364.24 crore and State Bank of India rose Rs 2,498.89 crore to Rs 7,27,578.99 crore.

The Life Insurance Corporation of India ascended Rs 1,992.37 crore to Rs 6,71,050.63 crore while Infosys progressed by Rs 1,245.64 crore to Rs 7,73,269.13 crore.

In terms of market capitalisation, Reliance Industries continue to be the most valued company in India. It is followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, LIC, Hindustan Unilever and ITC.