Market Capitalization: The market capitalization of nine of the top 10 Sensex companies collectively increased by Rs 2,34,097.42 crore last week. Reliance Industries was the biggest gainer amid the positive trend in the stock market. Last week, the 30-share BSE Sensex gained 1,464.42 points or 2.54 per cent. Thursday was a holiday in the market on ‘Ramnavami’.
Reliance Industries made the most gains
The market capitalization of Reliance Industries in the week under review was Rs 86,317.26 crore. 15,77,092.66 crores increased to Rs. The market capitalization of Tata Consultancy Services (TCS) increased by Rs 30,864.1 crore and reached Rs 11,73,018.69 crore. The market cap of HDFC Bank surged by Rs 26,782.76 crore to Rs 8,98,199.09 crore and that of Infosys surged by Rs 19,601.95 crore to reach Rs 5,92,289.92 crore.
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The market capitalization of Hindustan Unilever (HUL) increased by Rs 18,385.55 crore to reach Rs 6,01,201.66 crore. The market capitalization of ICICI Bank increased by Rs 17,644.35 crore and stood at Rs 6,12,532.60 crore. The market capitalization of State Bank of India (SBI) increased by Rs 16,153.55 crore to Rs 4,67,381.93 crore. HDFC’s valuation surged Rs 12,155.78 crore to Rs 4,82,001.12 crore. ITC’s market cap climbed Rs 6,192.12 crore to Rs 4,76,552.34 crore.
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In contrast to this trend, the market capitalization of Bharti Airtel declined by Rs 7,387.05 crore to Rs 4,17,577.59 crore. Due to the fall in the shares of Bharti Airtel, the market capitalization of this company registered a decline of more than 7 thousand crores.
Reliance Industries ranked first
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, HDFC, ITC, SBI and Bharti Airtel respectively.
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