Market Cap: The market capitalization (market cap) of five of the top 10 most valuable companies of Sensex collectively increased by Rs 88,604.99 crore last week. State Bank of India and ICICI Bank benefited the most. Last week, the 30-share BSE Sensex gained 345.04 points or 0.58 per cent.
Benefits of these companies – loss to them
While the market capitalization of HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel increased, the market capitalization of Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC declined.
The market cap of this company increased the most
Among the top 10 companies, the valuation of State Bank of India has increased the most and it has increased by Rs 35,832.32 crore to Rs 5,00,759.98 crore. ICICI Bank’s market cap increased by Rs 20,360.13 crore to Rs 6,06,514.71 crore. The market capitalization of HDFC Bank increased by Rs 15,236.59 crore to Rs 9,01,307.58 crore and that of HDFC Bank increased by Rs 13,051.48 crore to Rs 4,84,417.42 crore. The market capitalization of Bharti Airtel increased by Rs 4,124.47 crore to reach Rs 4,26,158.52 crore.
Reduced market cap of these companies
However, the market capitalization of Infosys declined by Rs 30,150.9 crore to Rs 6,22,711.80 crore, while that of Tata Consultancy Services declined by Rs 20,966.36 crore to Rs 12,23,129.40 crore. The market capitalization of Hindustan Unilever declined by Rs 3,336.42 crore to Rs 5,80,360.79 crore and that of Reliance Industries declined by Rs 507.03 crore to Rs 16,13,602.63 crore. ITC’s market cap also declined by Rs 24.72 crore to Rs 4,77,886.13 crore.
Which company topped the top 10
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, HDFC, ITC and Bharti Airtel respectively.
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