Market cap of 6 Sensex companies increased, L&T-SBI got big profit
Delhi. The market capitalization (market cap) of six of the top 10 Sensex companies collectively increased by Rs 63,478.46 crore last week. The biggest beneficiaries were Larsen & Toubro and State Bank of India (SBI). Last week, the 30-share BSE Sensex rose 187.95 points or 0.22 per cent. Larsen & Toubro, SBI, HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance and Reliance Industries were gainers in the week under review.
Whereas the valuations of Bharti Airtel, ICICI Bank, Infosys and Tata Consultancy Services (TCS) declined. Larsen & Toubro’s market valuation increased by Rs 28,523.31 crore during the week to Rs 6,02,552.24 crore. SBI’s market capitalization increased by Rs 16,015.12 crore to Rs 11,22,581.56 crore. HDFC Bank’s market capitalization rose by Rs 9,617.56 crore to Rs 14,03,239.48 crore and LIC’s valuation increased by Rs 5,977.12 crore to Rs 5,52,203.92 crore. The market capitalization of Bajaj Finance increased by Rs 3,142.36 crore to Rs 6,40,387 crore.
Reliance Industries’ valuation increased by Rs 202.99 crore to Rs 19,21,678.78 crore. Contrary to this trend, the valuation of Bharti Airtel declined by Rs 15,338.66 crore to Rs 11,27,705.37 crore. ICICI Bank’s market cap declined by Rs 14,632.10 crore to Rs 9,97,346.67 crore.
Infosys’ market capitalization declined by Rs 6,791.58 crore to Rs 5,48,496.14 crore and Tata Consultancy Services’ valuation declined by Rs 1,989.95 crore to Rs 9,72,053.48 crore. Reliance Industries remained at first position in the list of top 10 companies. It was followed by HDFC Bank, Bharti Airtel, SBI, ICICI Bank, TCS, Bajaj Finance, Larsen & Toubro, LIC and Infosys respectively.
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