Market Capitalization: The market cap of nine out of the top 10 companies of Sensex collectively increased by Rs 2,01,552.69 crore last week. During this period, Bharti Airtel made the highest profit. Apart from this, the market cap of Reliance Industries, TCS, HDFC Bank, ICICI Bank, Infosys, SBI, Hindustan Unilever and ITC increased. On the other hand, the market cap of Life Insurance Corporation of India LIC decreased by Rs 3,004.38 crore.
Who benefited from
Last week, Bharti Airtel’s market cap rose by Rs 54,282.62 crore to Rs 9,30,490.20 crore. The company was the biggest gainer. ICICI Bank’s market cap rose by Rs 29,662.44 crore to Rs 8,80,867.09 crore. Tata Consultancy Services (TCS)’s market cap rose by Rs 23,427.12 crore to Rs 16,36,189.63 crore.
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Hindustan Unilever’s market cap rose by Rs 22,438.6 crore to Rs 6,89,358.33 crore and HDFC Bank’s market cap rose by Rs 22,093.99 crore to Rs 12,70,035.77 crore. Infosys’ market cap rose by Rs 17,480.49 crore to Rs 8,07,299.55 crore and ITC’s market cap rose by Rs 15,194.17 crore to Rs 6,42,531.82 crore. Reliance Industries’ market cap rose by Rs 9,878.19 crore to Rs 19,92,160.61 crore. State Bank of India’s (SBI) market cap rose by Rs 7,095.07 crore to Rs 7,05,535.20 crore. All these companies made profits during this period.
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Whose market cap decreased
In contrast to this trend, the market value of Life Insurance Corporation of India (LIC) fell by Rs 3,004.38 crore to Rs 6,54,004.76 crore. During this period, LIC suffered a loss. Last week, the BSE Sensex of 30 stocks gained 1,707.01 points or 2.10 percent. On Thursday, the Sensex reached a record high of 83,116.19 points.
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Who is on top in market cap?
Reliance Industries remained at the first position in the list of top 10 companies of Sensex. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, LIC and ITC respectively.
