Market valuation: The market cap of nine out of the top 10 companies of Sensex collectively increased by Rs 95,522.81 crore last week. Among these, Reliance Industries, TCS and Hindustan Unilever made the most profit. Apart from this, the market cap of Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC and ITC increased. On the other hand, the market cap of HDFC Bank decreased by Rs 4,835.34 crore.
Who benefited from
The market cap of Reliance Industries rose by Rs 29,634.27 crore to Rs 20,29,710.68 crore. The market cap of TCS rose by Rs 17,167.83 crore to Rs 16,15,114.27 crore and that of Hindustan Unilever rose by Rs 15,225.36 crore to Rs 6,61,151.49 crore. The market cap of Bharti Airtel rose by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank rose by Rs 11,524.92 crore to Rs 8,47,640.11 crore. According to the data, the market position of ITC increased by Rs 3,965.14 crore to Rs 6,32,364.24 crore, while the market cap of State Bank of India increased by Rs 2,498.89 crore to Rs 7,27,578.99 crore. Apart from this, the market position of Life Insurance Corporation of India increased by Rs 1,992.37 crore to Rs 6,71,050.63 crore and Infosys increased by Rs 1,245.64 crore to Rs 7,73,269.13 crore.
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Who caused the damage
On the contrary, HDFC Bank’s market cap fell by Rs 4,835.34 crore to Rs 12,38,606.19 crore. HDFC Bank suffered losses during this period. The BSE Sensex of 30 shares closed at 81,086.21 on Friday, rising 33.02 points or 0.04 percent for the fourth consecutive trading session. Last week, the BSE Sensex rose 649.37 points or 0.80 percent.
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Reliance Industries remains on top in market cap
Reliance Industries remains the most valuable company in the country in terms of market position. It is followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC respectively.
