Reliance Industries Limited, Tata Consultancy Services, Infosys, Hindustan Unilever Limited and Bajaj Finance were the gainers
M-cap of top 10 firms has risen 12% in 1 year, against 42% rally in Nifty50
The ratio of the value of all companies in the stock market to the size of the Indian economy is now in excess of 100 per cent
M-cap falls 11% in 2 weeks to Rs 1.32 trn, against watchmaker's Rs 1.41 trn
Share of top 100 firms on the exchange in m-cap falls to 67.3%; analysts advise caution
From the top-10 list, only Hindustan Unilever Limited witnessed a decline in its market valuation
Combined m-cap of top five firms up 87% since March '20, against 6.2% net profit growth in FY21
Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday
Only market among top 15 to see a fall; world m-cap has risen 4.2% in April
The valuation of Tata Consultancy Services zoomed Rs 57,816.18 crore to reach Rs 12,28,898.85 crore
India's largest bank is now the most valuable state-owned entity, even as other public sector firms struggle to retain their place on the bourses
The latest bout of correction, triggered by rising US bond yields and a surge in Covid cases, has shaved off Rs 11.5 trillion in market value
Sensex and Nifty doubled in less than 11 months, touching record highs, while several stocks jumped manifold
Valued at over Rs 17 trillion ($232 bn), their combined worth has increased about 47 per cent since the start of last year
HDFC Bank was the biggest gainer from the pack as its market valuation jumped Rs 113,516 crore to Rs 879,735 crore
BSE-listed companies' market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020
Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
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)
The optimism is stemming from the company's capacity-expansion plans and potential to win more business as India cuts its reliance on Chinese suppliers
Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia