business / news / / Free Press Journal
The combined market capitalisation of eight out of the top-10 firms surged by a massive Rs 4,13,003.23 crore.
Eight of India's top-10 companies gained a combined Rs 4,13,003.23 crore in market value.
KEY POINTS
- HDFC Bank's market capitalisation rose by Rs 91,282.67 crore, reaching Rs 12.47 lakh crore.
- Infosys and Reliance Industries were the only top-10 firms to lose market value last week.
- Optimism from a US–Iran ceasefire and crude oil prices below USD 100 boosted market sentiment.
- Financial stocks, especially private sector banks, led the gains during the equity market rally.
COMPANIES
Summarized by Newsio from Free Press Journal. How we summarize →