Share Market: A tremendous rise was seen in the Indian stock market in the last two days of last week. Its effect is also visible on the market capitalization of seven of the top 10 Sensex companies. Last week, these seven companies together added Rs 96,200.95 crore to their market cap.
Last week, BSE Sensex had gained 474.75 points (0.55 percent) and on Thursday it also touched a record high level of 86,055.86. This created a good trading environment for frontline stocks, due to which their value increased significantly. Therefore, the investors who placed bets on these stocks also got silver.
Reliance on top once again
Reliance Industries once again took advantage of the market movements and earned huge profits. There was an increase of Rs 28,282.86 crore in the market cap of the company. With this, its total valuation has now increased to Rs 21.20 lakh crore. This was followed by Bajaj Finance, which added Rs 20,347.52 crore to its market cap. Its valuation has now reached Rs 6.45 lakh crore.
Banking stocks did wonders
- There was a jump of Rs 13,611.11 crore in the market cap of HDFC Bank, taking its market cap to Rs 15.48 lakh crore.
- ICICI Bank also added Rs 13,599.62 crore to its market cap. Due to this its valuation also became approximately Rs 10 lakh crore.
- State Bank of India (SBI) also registered gains and added Rs 6,415.28 crore to the market cap.
- Infosys and Hindustan Unilever also gained, with their market cap rising by Rs 6,273.15 crore and Rs 7,671.41 crore, respectively.
Top 10 Sensex companies according to market cap
- Reliance Industries
- HDFC Bank
- Bharti Airtel
- TCS
- ICICI Bank
- State Bank of India
- Infosys
- Bajaj Finance
- Hindustan Unilever
- LIC
they suffered loss
- Bharti Airtel suffered the biggest loss, which suffered a loss of Rs 35,239.01 crore.
- The market cap of TCS has also declined by Rs 3,762.81 crore.
- The market cap of LIC has also decreased by Rs 4,996.75 crore.
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