Top 6 Firms Add Over Rs 1 Lakh Crore in Market Value
Six of India's top-10 valued firms added over Rs 1 lakh crore in market value last week, led by Bharti Airtel.
Mumbai, July 5 (IANS) The combined market valuation of six of India's 10 most-valued companies rose by more than Rs 1 lakh crore last week, led by a sharp gain in Bharti Airtel, as benchmark equity indices extended their winning streak amid sustained investor optimism.
The rally came as the Sensex advanced 663.44 points, or 0.86 per cent, during the week, while the Nifty gained 214.85 points, or 0.89 per cent.
Among the top gainers, Bharti Airtel recorded the biggest increase in market valuation, with its market capitalisation rising by Rs 36,529.21 crore to Rs 11,63,877.30 crore. Bajaj Finance followed with an addition of Rs 33,059.83 crore, taking its valuation to Rs 6,43,141.36 crore.