stock market last week A tremendous boom returned in the market. With the jump on Friday, the BSE Sensex strengthened by 730.93 points or 0.91 percent last week. Due to this, the market capitalization of seven out of the top 10 companies of the country increased by Rs 1,40,863.66 crore last week. The market valuation of the companies has increased with a one percent rise in the BSE Sensex. With better business expectations, Tata Consultancy Services and Infosys were the biggest gainers. Last week, there were fewer trading days due to holidays. The market capitalization (mcap) of Tata Consultancy Services (TCS) increased by Rs 67,477.33 crore to Rs 15,97,946.44 crore.
Infosys and Airtel also made profits
At the same time, the valuation of Infosys rose by Rs 36,746.21 crore to Rs 7,72,023.49 crore. The market cap of Bharti Airtel rose by Rs 11,727.55 crore to Rs 8,45,123.87 crore and the market capitalization of ICICI Bank rose by Rs 10,913.96 crore to Rs 8,36,115.19 crore. The valuation of ITC rose by Rs 8,569.73 crore to Rs 6,28,399.10 crore and the market capitalization of Reliance Industries rose by Rs 5,311.4 crore to Rs 20,00,076.41 crore. The market cap of Hindustan Unilever rose by Rs 117.48 crore to Rs 6,45,926.13 crore.
LICI gave a shock
However, the market capitalisation of Life Insurance Corporation of India (LICI) fell by Rs 47,943.48 crore to Rs 6,69,058.26 crore. HDFC Bank’s valuation fell by Rs 13,064 crore to Rs 12,43,441.53 crore and State Bank of India’s valuation fell by Rs 10,486.42 crore to Rs 7,25,080.10 crore.
Reliance Industries remains on top
Reliance Industries retained its position as the most valuable company in terms of market capitalisation, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC, respectively.
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