8 out of top 10 companies, m-cap increased by Rs 1.94 lakh crore, Reliance Industries gains the most
The market capitalization of eight of the top 10 Sensex companies increased by Rs 1.94 lakh crore last week. Reliance Industries (RIL) was the biggest gainer. On the other hand, the market capitalization of HDFC Bank and State Bank of India (SBI) declined. The market capitalization of Reliance Industries increased by Rs 60,034.51 crore to Rs 13,81,078.86 crore during the week.
Market valuation of Tata Consultancy Services (TCS) rose by Rs 41,040.98 crore to Rs 11,12,304.75 crore and Kotak Mahindra Bank rose by Rs 28,011.19 crore to Rs 3,81,092.82 crore. Hindustan Unilever’s market cap increased by Rs 16,388.16 crore to Rs 5,17,325.3 crore. Infosys’s MCAP rose by Rs 27,114.19 crore to Rs 5,60,601.26 crore and ICICI Bank increased by Rs 8,424.22 crore to Rs 4,21,503.09 crore.
Similarly, HDFC’s MCap increased by Rs 1,038 crore to Rs 4,58,556.73 crore and Bajaj Finance increased by Rs 12,419.32 crore to Rs 3,28,072.65 crore.
How much loss to the other 2 companies
In contrast to this trend, HDFC Bank’s market capitalization declined by Rs 2,590.08 crore to Rs 8,42,962.45 crore. The market position of SBI declined by Rs 5,711.75 crore to Rs 3,42,526.59 crore. Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Bajaj Finance respectively.