Sensex The market valuation of three of the top 10 most valuable companies of the US increased by a collective Rs 1,06,125.98 crore last week. HDFC Bank and ICICI Bank were the biggest gainers. While the market valuation of HDFC Bank, ICICI Bank and Infosys rose last week, the market capitalisation of Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, State Bank of India (SBI), Life Insurance Corporation of India (LIC), Hindustan Unilever and ITC declined. The market value of these companies collectively declined by Rs 1,01,769.1 crore.
HDFC Bank’s market cap increased by Rs 52,091 crore
HDFC Bank’s market capitalisation rose by Rs 52,091.56 crore to Rs 12,67,056.69 crore during the week under review. ICICI Bank added Rs 36,118.99 crore during the week, taking its valuation to Rs 8,13,914.89 crore. Infosys’ market cap rose by Rs 17,915.43 crore to Rs 6,35,945.80 crore. In contrast, Reliance Industries’ market valuation fell by Rs 32,271.31 crore to Rs 19,66,686.57 crore. LIC’s market capitalisation fell by Rs 27,260.74 crore to Rs 6,47,616.51 crore.
These companies also gave a shock
ITC’s valuation dropped by Rs 14,357.43 crore to Rs 5,23,858.91 crore and Hindustan Unilever’s valuation fell by Rs 8,904.95 crore to Rs 5,73,617.46 crore. TCS’ market cap fell by Rs 8,321.6 crore to Rs 13,78,111.45 crore. Bharti Airtel’s valuation declined by Rs 7,261.72 crore to Rs 8,04,262.65 crore. State Bank of India’s (SBI) market capitalisation fell by Rs 3,391.35 crore to Rs 7,46,454.54 crore.
Reliance Industries retains top spot
Reliance Industries remained at the top of the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, Hindustan Unilever and ITC. Last week, the 30-share BSE Sensex rose 217.13 points or 0.28 percent.
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