Out of the 10 most valuable firms, four Indian companies added Rs 301847.99 crore to their market. Reliance Industry is more than Rs. 15 lakh crore in market valuation. RIL Company, the country’s most valuable company, added Rs 251067.2 crore to its market valuation, which stood at 1568015.09 crores on Friday.
Shares of a Reliance company that offers 40% shares in retail, worth about $20 billion to amazon.com.
US private equity firm Silver Lake Partners will buy a 1.75% stake in the retail side for Rs 7500 crore.
Tata Consultancy, Hindustan Unilever, Infosys topped the most valuable firms in India.
HDFC, Airtel, Kotak Mahindra Bank, ICICI Bank, and ITC lost Rs 54801.02 crore in their combined market.
TCS increased from 31501.27 crores to 890703.56 crores and Infosys 11138.31 crores increased to 402683.22 crores.
Hindustan Unilever Limited Company added 8141.21 crores to 507327.93 crores in its valuation.
HDFC Bank fell down 22727.92 crores to 593512.25 crores.
Bharti Airtel lost 17,157.73 crores.
Kotak Mahindra Bank declined by 9608.05 crores to 263207.24 crores.
ITC also decreased by 3383.8 crores to 226283.99 crores.
ICICI Bank also declined by 1823.57 crores to 255249.73 crores. HDFC Bank was uprooted from 99.95 crores to 317221.68 crores.
RIL Company topped the top 10 companies in India such as TCS, HDFC Bank, HIL, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank ICICI Bank, and ITC. RIL was among the top 10 gainers in India.
Ril, Reliance, Infosys, TCS were in the top 10 companies. Some capitalists are gaining by adding money to their capitalization and valuation. RIL was the leader among all these companies.