Market cap of these 9 companies including Reliance Industries, HDFC Bank increased by 1.85 lakh crores, ITC incurred loss

The market cap of nine of the top 10 most valuable companies of the Sensex collectively increased by Rs 1,85,320.49 crore last week. Reliance Industries and HDFC Bank gained the most.Last week, the 30-share BSE Sensex rose 1,404.45 points or 1.89 per cent.The Sensex hit an all-time high of 75,636.50 points during the day on Friday.

Who benefited from

Only ITC’s market cap declined during the week under review. Reliance Industries’ market cap rose by Rs 61,398.65 crore to Rs 20,02,509.35 crore during the week. HDFC Bank added Rs 38,966.07 crore during the week and its market cap rose to Rs 11,53,129.36 crore. Life Insurance Corporation of India’s (LIC) market cap rose by Rs 35,135.36 crore to Rs 6,51,348.26 crore.

Bharti Airtel’s market cap rose by Rs 22,921.42 crore to Rs 7,87,838.71 crore and Hindustan Unilever’s market cap jumped by Rs 9,985.76 crore to Rs 5,56,829.63 crore. Infosys’ market cap rose by Rs 8,821.99 crore to Rs 6,08,198.38 crore. State Bank of India’s (SBI) market cap rose by Rs 6,916.57 crore to Rs 7,39,493.34 crore. ICICI Bank added Rs 903.31 crore during the week, taking its market cap to Rs 7,95,307.82 crore. Tata Consultancy Services’ (TCS) market cap rose by Rs 271.36 crore to Rs 13,93,235.05 crore.

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Reliance Industries remains on top in market cap

In contrast to this trend, the market value of ITC fell by Rs 436.97 crore to Rs 5,44,458.70 crore. 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, SBI, LIC, Infosys, Hindustan Unilever and ITC respectively.