Mumbai, 8 June (IANS). Due to the good performance of the stock market, this week the market cap of 9 out of the top 10 companies has increased by Rs 1,00,850.96 crore.
The Indian stock market has been excellent in the trading session from June 2 to 6 and the markets closed rapidly after two consecutive weeks fall. During this period, the Nifty rose 252 points or 1.02 percent to 25,003.05 and the Sensex increased 737.98 points or 0.91 percent to close at 82,188.99.
HDFC Bank was the chief in registering the most lead in the market cap. HDFC Bank’s market evaluation has increased by Rs 26,668.23 crore to Rs 15,15,853.85 crore.
Bajaj Finance also performed brilliantly, the NBFC company’s market cap recorded an increase of Rs 12,322.96 crore during the week, which has now increased to Rs 5,82,469.45 crore.
ICICI Bank’s market assessment increased by Rs 9,790.87 crore to Rs 10,41,053.07 crore, while Hindustan Unilever’s market cap has increased by Rs 9,280.89 crore to Rs 5,61,282.11 crore.
Bharti Airtel’s market evaluation has increased by Rs 7,127.63 crore to Rs 10,65,894.55 crore.
The market cap of the Government Insurance Company Life Insurance Corporation of India (LIC) has gained Rs 3,953.12 crore, which has evaluated its evaluation of Rs 6,07,073.28 crore.
Infosys’s market cap has increased by Rs 519.27 crore to Rs 6,49,739.73 crore.
The State Bank of India (SBI) market cap has also registered an increase and this week it has increased by Rs 401.61 crore to Rs 7,25,437.74 crore.
This week, the top 10 has recorded a decline in the market cap of Tata Consultancy Services (TCS) and it has come down by Rs 28,510.53 crore to Rs 12,24,975.89 crore.
The next week is going to be very important for the Indian stock market. Inflation, American tariffs and global economic figures will determine the stock market trend next week.
-IANS
ABS/
