Market Cap: Market capitalization of nine of the top 10 Sensex companies increased by Rs 2.15 lakh crore.

New Delhi. The market capitalization (market cap) of nine of the top 10 most valued Sensex companies collectively increased by Rs 2.15 lakh crore last week amid improving risk appetite of investors globally and a rally in the domestic stock market. Bharti Airtel remained the most profitable during this period.

In the week under review, the 30-share BSE Sensex rose 1,274.95 points or 1.68 percent. Bharti Airtel’s market capitalization increased by Rs 52,432.67 crore during the week to reach Rs 11,62,963.30 crore. The market valuation of Life Insurance Corporation of India (LIC) increased by Rs 51,675.23 crore to Rs 5,56,726.30 crore.

Similarly, the market cap of Bajaj Finance increased by Rs 26,553.71 crore to Rs 5,98,501.25 crore, while the valuation of Reliance Industries increased by Rs 22,464.02 crore to Rs 17,71,882.96 crore. The market valuation of Larsen & Toubro (L&T) rose by Rs 21,929.12 crore to Rs 5,79,126.95 crore and the market capitalization of State Bank of India (SBI) rose by Rs 16,753.57 crore to Rs 9,55,415.07 crore. HDFC Bank’s market cap increased by Rs 11,948.72 crore to Rs 12,01,263.14 crore. Hindustan Unilever’s valuation increased by Rs 6,661.10 crore to Rs 5,15,946.75 crore.

ICICI Bank’s valuation increased by Rs 4,724.22 crore to Rs 9,66,021.99 crore. Contrary to this trend, the market capitalization of Tata Consultancy Services (TCS) declined by Rs 12,699.49 crore to Rs 7,69,350.13 crore.

It was the only loss-making company among the top 10 companies. Reliance Industries remained at first position in the list of top 10 companies. This was followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India and Hindustan Unilever respectively.