Sensex
The market valuation (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. Last week, the 30-share BSE Sensex fell 156.61 points or 0.19 percent. The market capitalization of HDFC Bank, Bharti Airtel, ICICI Bank and State Bank of India (SBI) increased in the week under review. On the other hand, the market cap 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.
Big jump in ICICI’s market cap
The market capitalization of ICICI Bank increased by Rs 28,495.14 crore during the week to Rs 8,90,191.38 crore. HDFC Bank’s valuation increased by Rs 23,579.11 crore to Rs 12,82,848.30 crore. The market valuation of SBI rose by Rs 17,804.61 crore to Rs 7,31,773.56 crore and that of Bharti Airtel jumped by Rs 11,272.45 crore to Rs 9,71,707.61 crore. Contrary to this trend, the market capitalization of Infosys declined by Rs 23,314.31 crore to Rs 7,80,126.10 crore.
LIC again gave a shock
The valuation 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 by Rs 10,402.01 crore to Rs 14,91,321.40 crore. LIC’s valuation declined by Rs 8,760.12 crore to 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
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, SBI, Hindustan Unilever, ITC and LIC respectively.
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