Join now<\/a><\/p>\nThe equity benchmark indices extended their winning streak for the second week on Friday, October 10. The NIFTY50 surged 391.10 points, or 1.6%, during the week, while the\u00a0BSE SENSEX\u00a0added 1,293.65 points, or 1.6%.<\/p>\n
While Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Bajaj Finance and Infosys were the gainers from the top-10 pack, Hindustan Unilever and Life Insurance Corporation of India (LIC) faced erosion from their market valuation.<\/p>\n
TCS added \u20b945,678.35 crore, taking its market valuation to \u20b910,95,701.62 crore.<\/p>\n
The valuation of Infosys jumped \u20b928,125.29 crore to \u20b96,29,080.22 crore, and that of HDFC Bank surged \u20b925,135.62 crore to \u20b915,07,025.19 crore.<\/p>\n
Bharti Airtel’s market valuation zoomed from \u20b925,089.27 crore to \u20b911,05,980.35 crore.<\/p>\n
The market capitalisation (mcap) of Reliance Industries climbed \u20b925,035.08 crore to \u20b918,70,120.06 crore.<\/p>\n
The mcap of Bajaj Finance rallied \u20b921,187.56 crore to \u20b96,36,995.74 crore, and that of State Bank of India edged higher by \u20b912,645.94 crore to \u20b98,12,986.64 crore.<\/p>\n
The valuation of ICICI Bank went up by \u20b911,251.62 crore to \u20b99,86,367.47 crore.<\/p>\n
However, the mcap of LIC eroded by \u20b94,648.88 crore to \u20b95,67,858.29 crore.<\/p>\n
The valuation of Hindustan Unilever declined by \u20b93,571.37 crore to \u20b95,94,235.13 crore.<\/p>\n
Reliance Industries remained the most valued firm, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever and LIC.<\/p>\n
On Friday, the S&P\u00a0BSE SENSEX closed at the 82,500.82 level, rising 328.72 points, or 0.40%, while the 50-share index\u00a0NIFTY50\u00a0closed at the 25,285.35 level, gaining 103.55 points, or 0.41%.<\/p>\n
On the\u00a0NIFTY50\u00a0index, Max Healthcare emerged as the top gainer of the week, climbing 8.2%. HCL Technologies and Eternal were also among the main contributors, gaining 7.3% and 6%, respectively. Infosys (4.7%) and Tata Consultancy Services (4.4%) also added strong momentum to the index.<\/p>\n
On the flip side, Tata Motors (-5.2%), Trent (-2.6%), HDFC Life Insurance Company (-1.6%), Tata Consumer Products (-1%), and Hindalco Industries (-0.8%) ended as the week\u2019s biggest losers.<\/p>\n
With PTI inputs<\/p>\n
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