The market capitalization (market cap) of the top 10 Sensex companies collectively increased by Rs 2,61,767.61 crore last week. HDFC Bank and Reliance Industries were the biggest gainers during the week amid a bullish trend in the stock markets. Last week, the 30-share BSE Sensex rose 1,914.49 points or 3.33 per cent.
HDFC Bank’s market capitalization rose by Rs 41,469.24 crore to Rs 8,35,324.84 crore in the reporting week. The market valuation of Reliance Industries increased by Rs 39,073.7 crore to Rs 17,95,709.10 crore. Hindustan Unilever’s market position rose by Rs 29,687.09 crore to Rs 4,88,808.97 crore and that of Bharti Airtel rose by Rs 27,103.16 crore to Rs 4,16,625.19 crore.
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HDFC’s market capitalization rose by Rs 26,851.9 crore to Rs 4,44,363.28 crore. The market valuation of Bajaj Finance increased by Rs 26,672.18 crore to reach Rs 4,48,810.74 crore. The market position of ICICI Bank increased by Rs 25,975.05 crore to Rs 5,11,777.01 crore.
The market valuation of Tata Consultancy Services (TCS) rose by Rs 18,088.37 crore to Rs 13,89,678.12 crore and that of State Bank of India (SBI) rose by Rs 15,930.43 crore to Rs 4,53,548.76 crore. Infosys’ market position jumped Rs 10,916.49 crore to Rs 8,00,268.93 crore in the week under review. Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, Bajaj Finance, HDFC and Bharti Airtel respectively.