Last week saw a stir in the Indian stock market, where the Sensex gained 657.48 points or 0.84%, while the Nifty was up 225.9 points or 0.95%. During this period, the market valuation (market cap) of six companies out of the top 10 most valuable companies of Sensex increased by a total of Rs 86,847.88 crore. Reliance Industries and HDFC Bank benefited the most.
Market cap of which companies increased?
During the week, the companies whose market valuations increased were:
- Reliance Industries
- hdfc bank
- ICICI Bank
- Bharti Airtel
- ITC
- Hindustan Unilever
However, market positions of Tata Consultancy Services (TCS), Infosys, State Bank of India (SBI) and LIC declined.
HKDFC Bank and Reliance Industries benefit the most
- HDFC Bank:
The market valuation of HDFC Bank increased by Rs 20,235.95 crore to reach Rs 13,74,945.30 crore. - Reliance Industries:
The market cap of Reliance Industries increased by Rs 20,230.9 crore, taking it to Rs 16,52,235.07 crore.
ICICI Bank and ITC rise
- ICICI Bank:
Its market cap increased by Rs 15,254.01 crore to reach Rs 9,22,703.05 crore. - ITC:
The market valuation of ITC increased by Rs 17,933.49 crore to reach Rs 5,99,185.81 crore.
Bharti Airtel and Hindustan Unilever figures
- Bharti Airtel:
Airtel registered a gain of Rs 11,948.24 crore, taking its total market cap to Rs 9,10,735.22 crore. - Hindustan Unilever:
The market capitalization of the company stood at Rs 5,49,863.10 crore with an increase of Rs 1,245.29 crore.
Which companies suffered losses?
- SBI (State Bank of India):
The market valuation of SBI declined by Rs 11,557.39 crore to Rs 7,13,567.99 crore. - LIC (Life Insurance Corporation of India):
LIC’s market cap declined by Rs 8,412.24 crore to Rs 5,61,406.80 crore. - Infosys:
The company’s valuation declined by Rs 2,283.75 crore to Rs 7,95,803.15 crore. - TCS (Tata Consultancy Services):
TCS’ market cap declined by Rs 36.18 crore to Rs 15,08,000.79 crore.
list of top 10 companies
The ranking of the top 10 companies at the end of last week was as follows:
- Reliance Industries
- tcs
- hdfc bank
- ICICI Bank
- Bharti Airtel
- infosys
- State Bank of India (SBI)
- ITC
- LIC
- Hindustan Unilever