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M-cap of 9 of top-10 most valued firms surges by Rs 2.26 trillion
The Business Guardian
|December 18, 2023
The past week witnessed a robust surge in the combined market valuation of nine out of the top 10 most valued firms, marking a significant uptrend in equities. Tata Consultancy Services (TCS) and Infosys emerged as the leading gainers amid this bullish trend.
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The BSE benchmark experienced a substantial rise of 1,658.15 points or 2.37% during the week. The 30-share BSE Sensex achieved a record closing high of 71,483.75 on Friday, registering a surge of 969.55 points or 1.37%. Intra-day, it peaked at 71,605.76, reaching an all-time high level with an increase of 1,091.56 points or 1.54%.
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