Who shone and who slipped among the top 10 companies last week? See the full list here
Last week, 9 of the top 10 most valued companies in the country witnessed a tremendous increase in their market cap. Overall, the market value of these companies increased by more than ₹ 2.34 lakh crore. During this period, the stock market witnessed a positive trend and the BSE Sensex registered a gain of 1,650.73 points (about 2%).
Reliance benefits the most
Reliance Industries was the top gainer last week, with its market cap rising
by ₹ 69,556.91 crore to ₹ 20,51,590.51 crore. It was followed by Bharti Airtel, whose value rose by ₹ 51,860.65 crore to ₹ 11,56,329.94 crore.
HDFC Bank and Bajaj Finance also shone
The market value of HDFC Bank rose by ₹ 37,342.73 crore to ₹ 15,44,624.52 crore. The value of Bajaj Finance jumped by ₹ 26,037.88 crore to ₹ 5,88,213.55 crore.
ICICI Bank, LIC and SBI also made gains
ICICI Bank’s market cap rose by ₹ 24,649.73 crore to ₹ 10,43,037.49 crore. LIC’s value rose by ₹ 13,250.87 crore to ₹ 6,05,523.65 crore. State Bank of India’s (SBI) market cap also rose by ₹ 8,389.15 crore to ₹ 7,18,788.90 crore.
TCS and HUL saw marginal gains
TCS’ value rose by ₹ 3,183.91 crore to ₹ 12,45,761.80 crore, while Hindustan Unilever’s (HUL) market cap saw a marginal gain of ₹ 293.7 crore to ₹ 5,41,850.99 crore.
Infosys market cap falls
Infosys was the only company in this list whose market value fell. Its value fell by ₹ 5,494.8 crores to ₹ 6,68,256.29 crores.
Ranking of top 10 companies
Among the top 10 companies by market value, Reliance Industries ranked first, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, LIC, Bajaj Finance and finally Hindustan Unilever.
( Disclaimer : This article is for educational purposes only. The views and recommendations expressed above are those of individual analysts or broking companies and not Fortune Bath. We advise investors to check with certified experts before making any investment decisions.)
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