Indian Stock Market Performance: Last week was a bullish one for the Indian stock market. During this period, there was an increase in the market cap of 8 out of the 10 largest companies of BSE Sensex. This figure reached the total figure of Rs 2,05,185.08 crore. However, a decline in the market cap of two companies was also recorded. A total market cap of Rs 39,414.06 crore declined in these two companies.
This entire week, the biggest rise was seen in the shares of Bharti Airtel and Reliance Industries. Due to which the company investors got huge profits. Talking about the stock market data last week, Sensex closed with a rise of 1,346.5 points or 1.62 percent and NSE Nifty closed with a rise of 417.75 points or 1.64 percent.
Bharti Airtel and Reliance shares had the biggest rise
Last week, the market cap of Bharti Airtel increased by Rs 55,652.54 crore and the total value of the company increased to Rs 11,96,700.84 crore. Similarly, the market cap of Reliance Industries also increased by Rs 54,941.84 crore and it reached Rs 20,55,379.61 crore.
A good jump was also seen in the market cap of TCS. The value of the company increased by Rs 40,757.75 crore to Rs 11,23,416.17 crore. At the same time, the market cap of ICICI Bank increased by Rs 20,834.35 crore and reached the figure of Rs 9,80,374.43 crore.
There was a rise in the market cap of other companies
The market cap of State Bank of India (SBI) has increased to Rs 8,92,923.79 crore, while the valuation of Infosys has now reached Rs 6,24,198.80 crore. Also, the market cap of HDFC Bank has increased to Rs 15,20,524.34 crore. The valuation of Hindustan Unilever has also increased to Rs 5,70,187.06 crore.
Fallen valuations of 2 companies
A decline was recorded in the valuations of Bajaj Finance and Life Insurance Corporation of India (LIC) companies.
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