RIL Mcap

The combined market valuation of the top 10 valued firms eroded by Rs 1,68,552.42 crore last week, with Reliance Industries taking the biggest hit in an overall weak broader market. Last week, the Sensex tumbled 1,492.52 points or 2.43 per cent. Market sentiment remained weak amid surging COVID cases in China and a few other nations, while stronger US growth data cemented expectations of the Federal Reserve continuing with its hawkish stance. Reliance Industries' valuation tanked Rs 42,994.44 crore to Rs 16,92,411.37 crore. State Bank of India's market valuation tumbled Rs 26,193.74 crore to Rs 5,12,228.09 crore. The valuation of HDFC Bank eroded by Rs 22,755.96 crore to Rs 8,90,970.33 crore and that of Life Insurance Corporation of India (LIC) plunged Rs 18,690.03 crore to Rs 4,16,848.97 crore. The market capitalisation (mcap) of ICICI Bank diminished by Rs 16,014.14 crore to Rs 6,13,366.40 crore and that of Hindustan Unilever declined by Rs 11,877.18 crore to Rs 6,15,557.67 ...

The combined market valuation of seven of the top 10 most-valued firms climbed Rs 1,33,746.87 crore last week amid a firm trend in equities, with Tata Consultancy Services (TCS), Reliance Industries and Infosys leading the pack of gainers. Last week, the BSE benchmark advanced 989.81 points or 1.68 per cent. The market valuation of TCS jumped Rs 32,071.59 crore to Rs 11,77,226.60 crore. Reliance Industries added Rs 26,249.1 crore taking its valuation to Rs 17,37,717.68 crore. The market valuation of Infosys climbed Rs 24,804.5 crore to Rs 6,36,143.85 crore and that of ICICI Bank advanced Rs 20,471.04 crore to Rs 6,27,823.56 crore. The market capitalisation (mcap) of State Bank of India gained Rs 15,171.84 crore to Rs 4,93,932.64 crore and that of Adani Transmission went higher by Rs 7,730.36 crore to Rs 4,38,572.68 crore. HDFC Bank's valuation climbed Rs 7,248.44 crore to Rs 8,33,854.18 crore. From the laggards, the mcap of Hindustan Unilever declined by Rs 3,618.37 crore to Rs

The combined market valuation of three of the 10 most valued domestic firms fell by Rs 1,22,852.25 crore last week, with Reliance Industries emerging as the biggest laggard. IT majors Tata Consultancy Services (TCS) and Infosys were the other two bluechips which faced erosion from their valuation. In contrast, HDFC Bank, Hindustan Unilever, ICICI Bank, State Bank of India, HDFC, Bajaj Finance and Adani Transmission were the gainers. Their combined gain was Rs 62,221.63 crore. During the holiday-shortened week, the BSE benchmark Sensex dipped 30.54 points or 0.05 per cent. The market valuation of Reliance Industries fell by Rs 60,176.75 crore to reach Rs 17,11,468.58 crore. The market capitalisation (mcap) of TCS declined by Rs 33,663.28 crore to Rs 11,45,155.01 crore and that of Infosys dipped by Rs 29,012.22 crore to Rs 6,11,339.35 crore. From the gainers pack, HDFC Bank added Rs 12,653.69 crore, taking its valuation to Rs 8,26,605.74 crore. The valuation of Adani Transmission,

Five of the top-10 most valued firms together added Rs 67,843.33 crore in market valuation last week, with Hindustan Unilever Limited and Reliance Industries emerging as the biggest gainers.

It was the biggest contributor in the overall market rally, where the BSE Sensex settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent

The market valuation of Reliance Industries jumped by Rs 74,329.95 crore to Rs 12,94,038.34 crore, the most among the top-10 companies

Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)

According to data RIL collates on its website, the company's number of employees in FY20 at a standalone level declined 9 per cent year-on-year

TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion

From Reliance reportedly in talks to sell stake in retail to Amazon, IAF inducting Rafales to Serum Institute pausing Covid vaccine trial, Business Standard brings you top news of the evening

In the past six trading sessions, shares of RIL have soared more than 16 per cent

This was following a sharp rally in fully- as well as partly-paid up shares of the firm

Business Standard brings to you a snapshot of the top events of the day

Following stellar gains in its share price, RIL became the first Indian firm to achieve the milestone of crossing Rs 11 trillion market valuation mark on Friday

Last week, Reliance shares came under massive selling pressure amid a plunge in international oil prices

The m-cap of Reliance Industries Ltd (RIL) zoomed Rs 28,494.36 crore to Rs 8,57,303.03 crore

RIL became the second Indian company to scale the milestone after TCS.

RIL is the country's most valued firm followed by TCS