Sensex The market capitalization of eight of the top 10 companies of the BSE increased by Rs 2,10,330.26 crore last week. Tata Consultancy Services (TCS) and Life Insurance Corporation of India (LIC) were the biggest gainers. On the other hand, investors who invested in these two stocks suffered losses due to the fall in the shares of Reliance Industries and HDFC Bank. Last week, the 30-share BSE Sensex was in profit of 85.31 points or 0.10 percent. The Sensex had reached its new all-time high of 81,587.76 on Friday. The stock markets were closed on Wednesday on the occasion of ‘Muharram’. The market valuation of TCS increased by Rs 42,639.16 crore to Rs 15,56,772.61 crore in the week under review.
SBI’s market cap increased by 26,372 crores
The market capitalisation of LIC rose by Rs 36,748.23 crore to Rs 7,01,695.24 crore. The market cap of Infosys rose by Rs 33,569.16 crore to Rs 7,44,396.43 crore. The market capitalisation of State Bank of India (SBI) rose by Rs 26,372.23 crore to Rs 7,93,576.49 crore. The market valuation of Hindustan Unilever rose by Rs 24,494.49 crore to Rs 6,40,651.30 crore and that of ITC rose by Rs 19,420.52 crore to Rs 5,92,679.30 crore. The market valuation of Bharti Airtel rose by Rs 16,223.03 crore to Rs 8,31,928.39 crore.
Reliance Industries retains top spot
ICICI Bank’s valuation rose by Rs 10,863.44 crore to Rs 8,78,531.60 crore. In contrast, the market valuation of Reliance Industries fell by Rs 56,799.01 crore to Rs 21,03,829.74 crore. HDFC Bank’s market cap fell by Rs 13,124.01 crore to Rs 12,22,701.34 crore. In the list of top 10 companies, Reliance Industries remained at the top position, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC.
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