Market Cap: Market cap of these 8 companies including TCS, LIC increased by 2.10 lakh crores, Reliance Industries and HDFC Bank caused losses

The market cap of eight of the top 10 Sensex companies collectively increased by Rs 2,10,330.26 crore last week. Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) made the biggest gains during this period. Apart from these, Infosys, SBI, Hindustan Unilever, ITC, Bharti Airtel and ICICI Bank also saw an increase in their market cap. Reliance Industries and HDFC Bank suffered losses. The stock market was closed on Wednesday due to ‘Muharram’.

Who benefited from

Last week, the market cap of TCS rose by Rs 42,639.16 crore to Rs 15,56,772.61 crore. The market cap of LIC rose by Rs 36,748.23 crore to Rs 7,01,695.24 crore. The market cap of Infosys rose by Rs 33,569.16 crore to Rs 7,44,396.43 crore. The market cap of State Bank of India (SBI) rose by Rs 26,372.23 crore to Rs 7,93,576.49 crore. The market cap of Hindustan Unilever rose by Rs 24,494.49 crore to Rs 6,40,651.30 crore and that of ITC rose by Rs 19,420.52 crore to Rs 5,92,679.30 crore. Bharti Airtel’s market cap rose by Rs 16,223.03 crore to Rs 8,31,928.39 crore. ICICI Bank’s market cap rose by Rs 10,863.44 crore to Rs 8,78,531.60 crore.

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Who caused the damage

On the contrary, the market position of Reliance Industries fell by Rs 56,799.01 crore to Rs 21,03,829.74 crore. The market position of HDFC Bank fell by Rs 13,124.01 crore to Rs 12,22,701.34 crore. Last week, the BSE Sensex of 30 shares gained 85.31 points or 0.10 percent. The Sensex had reached its all-time high of 81,587.76 on Friday.

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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.