Mumbai, 22 June (IANS). The market cap of six out of the top 10 companies in the country has increased by Rs 1,62,288.06 crore last week. The country’s legendary telecom company Bharti Airtel has benefited the most in this.
In addition to Bharti Airtel in the business session from 16 June to 20 June, the market cap of HDFC Bank, ICICI Bank, State Bank of India and Infosys has increased. However, during this period, the market cap of TCS, LIC, Bajaj Finance and Hindustan Unilever declined.
Bharti Airtel’s market assessment increased by Rs 54,055.96 crore to Rs 11,04,469.29 crore.
HDFC Bank’s market assessment increased by Rs 38,503.91 crore to Rs 15,07,281.79 crore, while Infosys’s market cap increased by Rs 8,433.06 crore to Rs 6,73,751.09 crore.
ICICI Bank’s market capitalization increased by Rs 8,012.13 crore to Rs 10,18,387.76 crore and the State Bank of India’s marketcap increased by Rs 3,212.86 crore to Rs 7,10,399.75 crore.
However, the market evaluation of Bajaj Finance has come down by Rs 17,876.42 crore to Rs 5,62,175.67 crore.
The Tata Consultancy Services (TCS )’s MCAP declined by Rs 4,613.06 crore to Rs 12,42,577.89 crore and Hindustan Unilever’s MCAP declined by Rs 3,336.42 crore to Rs 5,41,557.29 crore.
The market assessment of Life Insurance Corporation of India (LIC) declined by Rs 1,106.88 crore to Rs 5,92,272.78 crore.
The next week is going to be very important for the Indian stock market after the US attacked Iran’s nuclear bases. The direction of Iran-Israel War, the price of crude oil and the attitude of FII will determine the stock market.
The US has entered the Iran-Israel war after the US bombing the atomic bases of Iran. In such a situation, if this struggle moves forward and its impact can be seen on the stock market.
-IANS
ABS/
