Market cap tracker: Bharti Airtel, Infosys, TCS gain most among Top 10 firms; FMCG stocks lose sheen

Banking stocks like HDFC Bank, ICICI Bank and SBI also added to their market valuation besides Reliance Industries and LIC

 Bharti Airtel, TCS and Infosys Representational image | Shutterstock

Telecom behemoth Bharti Airtel and IT giants Infosys, Tata Consultancy Services were the biggest gainers last week as the 30-stock BSE benchmark Sensex soared 1,279.56 points or 1.57 per cent.

At the top, Bharti Airtel surged Rs 47,194.86 crore to record a market capital of Rs 9,04,587.12 crore. IT majors Infosys climbed Rs 33,611.37 crore to settle at Rs 8,06,880.50 crore and TCS leaped Rs 31,784.9 crore to reach Rs 16,46,899.17 crore.

ICICI Bank zoomed Rs 18,734.3 crore to Rs 8,66,374.41 crore while Reliance Industries jumped Rs 13,396.42 crore to Rs 20,43,107.10 crore.

HDFC Bank ascended by Rs 5,600.24 crore to Rs 12,44,206.43 crore, the Life Insurance Corporation of India (LICI) rose by Rs 2,340.25 crore to Rs 6,73,390.88 crore and State Bank of India jumped Rs 356.98 crore to Rs 7,27,935.97 crore.

Together, the market capital of eight these firms soared Rs 1,53,019.32 crore last week.

However, FMCG stocks Hindustan Unilever plunged Rs 8,411.54 crore to Rs 6,52,739.95 crore and ITC tumbled Rs 4,776.48 crore to Rs 6,27,587.76 crore.

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

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