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Mcap of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals show

Last week, the BSE benchmark jumped 522.74 points, or 0.65 percent.

July 14, 2024 / 10:17 IST
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Mcap of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals show

The combined market valuation of seven of the top-10 most valued firms jumped Rs 1,72,225.62 crore last week, with IT bellwether Tata Consultancy Services (TCS) stealing the show, amid a rally in equities.

Last week, the BSE benchmark jumped 522.74 points, or 0.65 percent.

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The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51.

The market capitalisation (mcap) of TCS surged Rs 62,393.92 crore to Rs 15,14,133.45 crore.