Market cap updates: The market cap of four of the top 10 Sensex companies increased by a total of Rs 81,151.31 crore last week. ICICI Bank and HDFC Bank benefited the most. During this period, apart from HDFC Bank, ICICI Bank, Bharti Airtel and State Bank of India (SBI)’s market position increased. Whereas the market capitalization of Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever, ITC and Life Insurance Corporation of India (LIC) collectively declined by Rs 76,622.05 crore. Last week, the 30-share BSE Sensex fell 156.61 points or 0.19 percent.
These companies made profit
Last week, the market capitalization of ICICI Bank increased by Rs 28,495.14 crore to reach Rs 8,90,191.38 crore. The market cap of HDFC Bank increased by Rs 23,579.11 crore to Rs 12,82,848.30 crore. The market capitalization of SBI increased by Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel increased by Rs 11,272.45 crore to reach Rs 9,71,707.61 crore.
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Who caused the damage?
Contrary to this trend, the market capitalization of Infosys declined by Rs 23,314.31 crore to Rs 7,80,126.10 crore. The market cap of Reliance Industries declined by Rs 16,645.39 crore to Rs 18,38,721.14 crore. The market capitalization of Hindustan Unilever declined by Rs 15,248.85 crore to Rs 6,38,066.75 crore and that of TCS fell to Rs 14,91,321.40 crore with a loss of Rs 10,402.01 crore. The market cap of LIC declined by Rs 8,760.12 crore and stood at Rs 5,91,418.91 crore. ITC’s market cap declined by Rs 2,251.37 crore to Rs 6,08,682.29 crore.
Reliance Industries remains on top in market cap
Reliance Industries remained at the first position in the list of top 10 companies. After that, TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, ITC and LIC were ranked respectively.