Reliance Valuation Soars Nearly Rs 29,000 Crore As Markets See Big Rise

Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, TCS, HDFC Bank, ICICI Bank, HUL, SBI, HDFC and Bharti Airtel were the gainers.

Eight of the top 10 valued firms together added Rs 1,26,579.48 crore in market valuation last week, with Reliance Industries and Hindustan Unilever Ltd emerging as the biggest gainers.

Last week, the BSE benchmark jumped 973.61 points or 1.59 per cent.

Only ITC and Infosys faced erosion in their valuation, while Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel were the gainers.

The market valuation of Reliance Industries jumped Rs 28,956.79 crore to Rs 16,80,644.12 crore.