The combined market valuation of eight of the top-10 most valued companies zoomed Rs 1.9 trillion last week, with Bajaj Finance emerging as the biggest gainer, reflecting bullish investor sentiment.
While Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS) witnessed erosion in their market capitalisation, rest of the eight companies including Hindustan Unilever Limited, HDFC, ICICI Bank and Bharti Airtel emerged as gainers.
The market valuation of Bajaj Finance jumped Rs 35,878.56 crore to Rs 2,63,538.56 crore, becoming the biggest gainer among the top-10 most valued firms.
HDFC Bank added Rs 34,077.46 crore to its market valuation, taking it