The market capitalisation of seven of India’s top 10 most valued firms surged by Rs 1,72,225.62 crore last week, driven by Tata Consultancy Services (TCS) amid a rally in equities.
The BSE benchmark rose 522.74 points, or 0.65%, during the week. The 30-share BSE Sensex climbed 622 points, or 0.78%, closing at a record 80,519.34 on Friday. It peaked at 80,893.51, up 996.17 points or 1.24%, during trading.
TCS saw its market capitalisation jump by Rs 62,393.92 crore to Rs 15,14,133.45 crore after reporting an 8.7% increase in net profit to Rs 12,040 crore for the June quarter.
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