Market valuation of eight of the 10 most valued firms jumped Rs 1,10,106.83 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer.

Last week, the 30-share BSE Sensex benchmark rose 716.16 points or 0.97 per cent.

RIL, ICICI Bank, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever Ltd (HUL) were among the gainers while Tata Consultancy Services (TCS) and Infosys saw a combined erosion of Rs 38,477.49 crore in market valuation.

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Ola Electric Mobility’s shares surged by 10% in early trade on Monday, hitting the upper circuit for the second day in a row. This continued upside has resulted in a remarkable gain of over 90% within just 10 days since the company’s IPO listing on August 9. On Monday, the shares were trading at Rs 146.03 apiece on the BSE, up from the previous close of Rs 132.76.

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