India's top 10 most-valued firms added into their market cap on Thursday for a second consecutive session, posting a cumulative gain of Rs 24,673 crore.
Reliance Industries Ltd. witnessed the highest advance among the top large caps with a gain of Rs 31,124 crore, bringing its market cap to Rs 17.3 lakh crore. The share price settled 1.84% higher.
Top lenders saw a notable jump. State Bank of India gained Rs 10,754 crore in market capitalisation, while HDFC Bank Ltd. added Rs 6,998 crore. ICICI Bank's market cap also went up by Rs 9,917 crore.
Tata Consultancy Services Ltd. saw a drop of Rs 14,617 crore in its market cap, which now stands at Rs 15.3 lakh crore. Infosys Ltd.'s value fell Rs 13,121 crore to Rs 7.97 lakh crore.
Market cap of Hindustan Unilever Ltd. and ITC Ltd. declined Rs 6,414 crore and Rs 5,130 crore respectively. Bharti Airtel Ltd.'s market cap surged Rs 5,069 crore to Rs 9.16 lakh crore.
RIL retained its position as the most-valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, HUL, ITC and HCLTech.
The NSE Nifty 50 and BSE Sensex extend gains for the third straight session on Thursday, ahead of Reliance Industries Ltd., Infosys Ltd., and Axis Bank Ltd. third quarterly results.
After a positive opening, the Nifty 50 was range bound near 23,300. The 50-share index ended 318.74 points or 0.42% higher at 23,311.80, while the BSE Sensex ended 318.74 points or 0.42% higher to 77,042.82.
During the session, the Nifty 50 rose 0.77% or 178.45 points to 23,391.65. The Sensex rose 0.78% or 595.42 points higher to 77,319.50.
HDFC Life Insurance Co. and Bharat Electronics Ltd. were top gainers on the Nifty.
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