The stock market has been bullish in the last week. In this boom, the shares made investors very rich. During this, the Bombay Stock Exchange’s main index Sensex has gained 2313 points or 4.16 percent and the National Stock Exchange’s main index Nifty has gained 656.60 points. Due to this boom in the market, the market cap of the country’s 10 largest companies by market capitalization has increased by Rs 2.7 lakh crore.
Big advantage for Reliance: There has been a tremendous rise in the shares of Reliance Industries, the country’s largest company by market capitalisation. During the last one week, the market capitalization of Reliance Industries has increased by Rs 54,904 crore, the current market capitalization of the company is Rs 16,77,443 crore.
IT stocks did wonders: The country’s leading IT giants Tata Consultancy Services (TCS) and Infosys both saw a total increase of Rs 41,058 in their market capitalisation. During this period, the market capitalization of TCS has increased by Rs 27,557 crore to Rs 13,59,475 crore, making it the second most valuable company in the country. After this, the market capitalization of Infosys has increased by Rs 13,501 crore to Rs 7,79,948 crore.
Finance shares People’s trend: Finance companies included in the top 10 have seen a lot of buying during this period. The market capitalization of HDFC Bank, the country’s largest private sector bank, has increased by Rs 46,283 crore, the market capitalization of the country’s largest public sector bank SBI has increased by Rs 27,978 crore, ICICI Bank by Rs 29,127 crore and Bajaj Finance by Rs 22,311.
Apart from this, the market capitalization of HDFC Ltd has increased by Rs 33,438 crore to Rs 4,37,859 crore, while the market capitalization of Bharti Airtel, the country’s largest telecom company after Reliance Jio, has increased by Rs 15,377 crore.
10 biggest companies: Reliance Industries is the largest company in the country by market capitalization. It is followed by Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, Bajaj Finance, and Bharti Airtel among the largest companies in the country by market capitalisation.