Mcap of 6 of top-10 most valued firms surges by Rs.88,678 crore; ICICI Bank biggest gainer
New Delhi, June 28 -- The combined market capitalisation of six of India's 10 most-valued companies increased by Rs.88,678.1 crore in the holiday-shortened week, led by ICICI Bank, which recorded the biggest gain.
During the week, the BSE Sensex advanced 297.57 points, or 0.38%, while the NSE Nifty rose 42.9 points, or 0.17%.
"Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.
Among the top-10 most valued companies, Reliance Industries, HDFC...
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