The ongoing war between Iran and Israel is increasing and now the entry of America has added ghee to the fire. Iran has intensified the attack on Israel. However, this tension has been going on for several days and its impact has also been seen as a decline in the stock markets from America to Asia, but on the other hand the Indian stock market was seen showing fierce money on its investors. Yes, in the five business days of the last week, investors of six of the top-10 valuable companies of Sensex have earned a hefty of Rs 1.62 lakh crore. Mukesh Ambani’s Reliance, Bharti Airtel and HDFC Bank have topped.
Airtel-Reliance ahead in earnings
Despite the deteriorating geopolitical situation, the previous week has proved to be great for investors in the Indian stock market. The 30 -share Sensex index of Bombay Stock Exchange rose 1,289.57 points i.e. 1.58 per cent. During this period, veteran Indian telecom company Bharti Airtel was at the forefront of benefiting its investors and its market capitalization increased by Rs 54,055.96 crore to Rs 11.04 lakh crore. With this, the market cap of Mukesh Ambani’s company Reliance CAP also increased to Rs 19.82 lakh crore, according to this, Reliance investors invested Rs 50,070.14 crore in five days.
These four companies also benefited
Talking about other companies enjoying its investors, HDFC Bank finished third on this list and its market cap increased by Rs 38,503.91 crore to Rs 15.07 lakh crore last week. At the same time, the market cap of IT veteran Infosys increased by Rs 8,433.06 crore to Rs 6.73 lakh crore. On the other hand, ICICI Bank’s market cap increased by Rs 8,012.13 crore to Rs 10.18 lakh crore, while SBI’s market cap increased by Rs 3,212.86 crore to Rs 7.10 lakh crore.
Losses to these companies including TCS?
Now let us tell you that even after the market boom, which companies have been in the last five business days, whose investors have drowned hard earned money. So Bajaj Finance was at the forefront of incurring losses in this case. Its market cap (Bajaj Finance Capap) declined by Rs 17,876.42 crore to Rs 5.62 lakh crore. Apart from this, TCS’s market value of TCS, the country’s largest IT company, decreased by Rs 4,613.06 crore and it came to Rs 12.42 lakh crore. HUL’s market cap decreased by Rs 3,336.42 crore to Rs 5.41 lakh crore and LIC’s market cap decreased by Rs 1,106.88 crore to Rs 5.92 lakh crore.
Mukesh Ambani’s company at number one
Mukesh Ambani’s company Reliance Industries retained the first place in the country’s list of 10 most valuable companies in the country with a boom in the market cap. After this HDFC Bank was second and TCS was third. At the same time, Bharti Airtel, who earned the highest income last week, finished fourth, ICICI Bank fifth, SBI sixth, Infosys seventh, LIC Eighth, Bajaj Finance Ninth and Hindustan Unilever tenth.