market cap
The market capitalization (m-Cap) of four of the top-10 most valuable Sensex companies declined by Rs 96,605.66 crore last week. HDFC Bank suffered the most loss. Last week, the valuations of Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India (SBI) declined. At the same time, the market position of Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of India (LIC) and Hindustan Unilever increased. The market capitalization of these six companies collectively increased by Rs 82,861.16 crore.
HDFC Bank suffered the most loss
In the middle of the week, the market valuation of HDFC Bank declined by Rs 37,025.46 crore to Rs 13,37,919.84 crore. ICICI Bank’s valuation declined by Rs 29,324.55 crore to Rs 8,93,378.50 crore. TCS’s market cap declined by Rs 24,856.26 crore to Rs 14,83,144.53 crore. At the same time, the valuation of SBI declined by Rs 5,399.39 crore to Rs 7,08,168.60 crore.
Reliance benefits the most
Contrary to this trend, the market capitalization of Reliance Industries increased by Rs 41,138.41 crore to reach Rs 16,93,373.48 crore. Hindustan Unilever’s valuation increased by Rs 15,331.08 crore to Rs 5,65,194.18 crore. Market capitalization of LIC rose by Rs 13,282.49 crore to Rs 5,74,689.29 crore and valuation of Infosys rose by Rs 9,031.19 crore to Rs 8,04,834.34 crore. ITC’s valuation rose by Rs 3,878.63 crore to Rs 6,03,064.44 crore and Bharti Airtel’s valuation rose by Rs 199.36 crore to Rs 9,10,934.58 crore.
Here are the top-10 companies
Last week, the 30-share BSE Sensex rose 524.04 points or 0.66 percent. Whereas Nifty of National Stock Exchange had a gain of 191.35 points or 0.80 percent. Reliance Industries remained at the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, LIC and Hindustan Unilever respectively.
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