Highlights
- The market cap of 9 out of the top 10 companies of the Sensex has increased by Rs 1,11,012.63 crore last week.
- Market valuation of only Reliance Industries came down during the week
- The market capitalization of Reliance Industries declined by Rs 2,772.49 crore to Rs 16,01,382.07 crore
Market Cap of Top Companies: The market capitalization (market cap) of nine of the top 10 companies of the Sensex increased by Rs 1,11,012.63 crore last week. The biggest gainers were Tata Consultancy Services (TCS) and HDFC Bank. During the week, the market valuation of only Reliance Industries came down. The market capitalization of TCS rose by Rs 24,635.68 crore to Rs 13,82,280.01 crore in the week under review. HDFC Bank’s market position rose by Rs 22,554.33 crore to Rs 8,20,164.27 crore.
During this period, the market valuation of Hindustan Unilever increased by Rs 14,391.25 crore to Rs 5,54,444.80 crore and that of Infosys rose by Rs 10,934.61 crore to Rs 7,94,714.60 crore. Similarly, HDFC’s market capitalization rose by Rs 9,641.77 crore to Rs 4,68,480.66 crore and Wipro’s profit rose by Rs 9,164.13 crore to Rs 3,92,021.38 crore.
Keep the money, IPO of companies ranging from Gautam Adani to Baba Ramdev are coming this month
Reliance’s loss
ICICI Bank’s market position rose by Rs 8,902.89 crore to Rs 5,13,973.22 crore during the week. The market valuation of Bajaj Finance stood at Rs 4,21,121.74 crore, up by Rs 7,575.11 crore. The valuation of State Bank of India (SBI) also rose by Rs 3,212.86 crore to Rs 4,10,933.74 crore. Contrary to this trend, the market capitalization of Reliance Industries declined by Rs 2,772.49 crore to Rs 16,01,382.07 crore.
Reliance Industries retained the top spot in the list of top 10 companies during the week. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, Bajaj Finance, SBI and Wipro respectively. Last week, the 30-share BSE Sensex was up 1,129.51 points or 1.97 per cent.
Now apply for IPO through WhatsApp, know the process in the video
.