look news india
The election results were declared on June 4. That day was no less than a nightmare for stock market investors. The stock market saw a 6 percent decline on this day. Investors suffered huge losses. More than two weeks have passed since then. The Sensex not only failed to cross the 77 thousand mark but was struggling to touch the 78 thousand mark. In such a situation, it is very important to know how much profit the top 10 companies of the country have earned during this period.
From Reliance Industries to TCS and HDFC Bank, all suffered huge losses on June 4. Have all these companies recovered? But is there any company that was profitable on the day of the election results but turned a loss-making one about two weeks later?
These companies benefited
A good recovery has been seen in the shares of the country's largest company Reliance Industries. During this period, the market cap of the company was Rs 2.5 crore. There has been an increase of 1,03,381.63 crores. Apart from this, after June 4, the shares of the country's largest IT company Tata Consultancy Services have increased by about 2 percent. From June 4 to June 20, the shares of HDFC company have seen an increase of 12.56 percent. The shares of the country's largest listed telecom company Bharti Airtel company saw an increase of 5.70 percent.
These companies also benefited
Shares of the country's second largest private bank ICICI Bank rose 7.78 percent. Shares of the country's largest public sector bank State Bank of India saw an increase of 8.84 percent. Shares of the country's largest IT company Infosys saw an increase of 8.67 percent. Shares of the country's largest insurance company LIC saw an increase of 11.02 percent. Apart from this, shares of ITC saw an increase of 1.91 percent, while shares of Hindustan Unilever Company saw a decline.
