Market Cap: Market cap of these 8 companies including Reliance Industries, TCS, Infosys increased by 1.83 lakh crores, HDFC Bank and Airtel caused losses

Market Cap:Collectively, 8 of the top 10 Sensex companies have a market cap ofThere was a jump of Rs 1,83,290.36 crore. The IT sector giants Tata Consultancy Services (TCS) and Infosys were the biggest gainers. During this period, the market cap of TCS, Infosys, Reliance Industries, ICICI Bank, LIC, Hindustan Unilever, ITC and SBI also increased.At the same time, the market cap of HDFC Bank and Bharti Airtel declined. Last week, the 30-share BSE Sensex rose 963.87 points or 1.21 percent.

Who benefited from

Last week, the market cap of TCS increased by Rs 38,894.44 crore to Rs 14,51,739.53 crore. TCS was the biggest gainer. During this period, Infosys added Rs 33,320.03 crore and its market cap reached Rs 6,83,922.13 crore. The market cap of Reliance Industries increased by Rs 32,611.36 crore to Rs 21,51,562.56 crore. The market cap of ICICI Bank increased by Rs 23,676.78 crore to Rs 8,67,878.66 crore.

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The market cap of Life Insurance Corporation of India (LIC) rose by Rs 16,950.99 crore to Rs 6,42,524.89 crore and Hindustan Unilever’s market cap rose by Rs 16,917.06 crore to Rs 5,98,487.89 crore. The market cap of ITC rose by Rs 10,924.13 crore to Rs 5,41,399.95 crore. The market cap of State Bank of India (SBI) rose by Rs 9,995.57 crore to Rs 7,67,561.25 crore.

Who caused the damage

In contrast to this trend, HDFC Bank’s market cap fell by Rs 26,970.79 crore to Rs 12,53,894.64 crore. Bharti Airtel’s market cap fell by Rs 8,735.49 crore to Rs 8,13,794.86 crore. Last week, the 30-share BSE Sensex rose 963.87 points or 1.21 per cent. On the other hand, the Nifty gained 313.25 points or 1.30 per cent. On July 4, the 30-share BSE Sensex reached its all-time high of 80,392.64 points. On the same day, the National Stock Exchange’s Nifty reached its new peak of 24,401 points.

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Reliance Industries remains on top in market cap

Reliance Industries remained at the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC respectively.