New Delhi: The market valuation (market cap) of three of the top 10 most valuable companies of the Sensex collectively increased by Rs 1,06,125.98 crore last week. HDFC Bank and ICICI Bank benefited the most. Last week, the BSE’s 30-share Sensex rose 217.13 points or 0.28 percent.
While the market valuation of HDFC Bank, ICICI Bank and Infosys rose last week, on the other hand, the market capitalization of Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, State Bank of India (SBI), Life Insurance Corporation of India (LIC), Hindustan Unilever and ITC declined. The market status of these companies collectively decreased by Rs 1,01,769.1 crore.
How much did HDFC Bank’s market capitalization increase?
The market capitalization of HDFC Bank increased by Rs 52,091.56 crore to Rs 12,67,056.69 crore during the week under review. ICICI Bank added Rs 36,118.99 crore during the week, taking its valuation to Rs 8,13,914.89 crore. Infosys’ market status increased by Rs 17,915.43 crore to Rs 6,35,945.80 crore.
In contrast to this trend, the market valuation of Reliance Industries fell by Rs 32,271.31 crore to Rs 19,66,686.57 crore. LIC’s market capitalization fell by Rs 27,260.74 crore to Rs 6,47,616.51 crore.
ITC’s valuation fell by Rs 14,357.43 crore to Rs 5,23,858.91 crore and Hindustan Unilever’s valuation fell by Rs 8,904.95 crore to Rs 5,73,617.46 crore.
Reliance tops in terms of MCap
TCS’ market cap fell by Rs 8,321.6 crore to Rs 13,78,111.45 crore. Bharti Airtel’s valuation fell by Rs 7,261.72 crore to Rs 8,04,262.65 crore. State Bank of India’s (SBI) market capitalisation fell by Rs 3,391.35 crore to Rs 7,46,454.54 crore.
Reliance Industries remained at the top position in the list of top 10 companies. This was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, Hindustan Unilever and ITC, respectively.
