New Delhi, 27 April (IANS). The joint market cap of six out of the top 10 companies in the country has increased by Rs 1,18,626.24 crore last week.
The Sensex increased by 659.33 points or 0.83 percent in the April 21-25 trading session and 187.7 points or 0.78 percent.
The top 10 has increased market capitalization of TCS, HDFC Bank, State Bank of India, Infosys and ITC. At the same time, market valuations of Bharti Airtel, ICICI Bank, Bajaj Finance and Hindustan Unilever have declined.
The market cap of Tata Consultancy Services has increased by Rs 53,692.42 crore and the company’s market capitalization has increased to Rs 12,47,281.40 crore.
The market capitalization of Infosys has increased by Rs 24,919.58 crore to Rs 6,14,766.06 crore. At the same time, HDFC Bank’s market capitalization has increased by Rs 2,907.85 crore to Rs 14,61,842.17 crore.
Apart from this, the market capitalization of State Bank of India (SBI) has increased by Rs 1,472.57 crore to Rs 7,12,854.03 crore. The market capitalization of ITC has increased by Rs 1,126.27 crore to Rs 5,35,792.04 crore.
Bharti Airtel’s market value has been reduced by Rs 41,967.5 crore to Rs 10,35,274.24 crore. The marketcap of Hindustan Unilever has increased by Rs 10,114.99 crore to Rs 5,47,830.70 crore.
Bajaj Finance’s marketcap has been reduced by Rs 1,863.83 crore to Rs 5,66,197.30 crore. ICICI Bank’s market capitalization has fallen by Rs 1,130.07 crore and it has come down to Rs 10,00,818.79 crore.
Last week, the Indian stock market closed firmly. The market boom was due to positive updates due to the ongoing trade tension between the US and China and the banks to present good results.
Foreign institutional investors (FIIs) were pure buyers and invested around Rs 17,800 crore during the period of April 21-25. At the same time, domestic institutional investors (DIIs) invested around Rs 1,132 crore in the cash segment.
-IANS
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