New Delhi: The share market is closed on Sunday but updates related to it continue to be available. This week, the market capitalization (market cap) of eight of the top 10 companies of the stock market index Sensex increased by a total of Rs 1,55,603.45 crore last week. HDFC Bank and Tata Consultancy Services (TCS) gained the most here.
Last week, the 30-share BSE Sensex gained 1,536.8 points or 1.98 percent. At the same time, Nifty of National Stock Exchange rose 374.55 points or 1.59 percent. On Friday, the Sensex closed at 79,117.11, up 1,961.32 points or 2.54 percent. NSE Nifty also rose 557.35 points or 2.39 percent to 23,907.25.
The market valuations of Reliance Industries and Life Insurance Corporation of India (LIC) in the list of top 10 companies also declined. Market capitalization of other companies increased. Here, in the week under review, the market valuation of HDFC Bank increased by Rs 40,392.91 crore to Rs 13,34,418.14 crore. HDFC Bank benefited the most. TCS' market cap increased by Rs 36,036.15 crore to Rs 15,36,149.51 crore.
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Increase in valuation of ICICI Bank
The valuation of ICICI Bank rose by Rs 16,266.54 crore to Rs 9,01,866.22 crore and that of Infosys rose by Rs 16,189.33 crore to Rs 7,90,151.83 crore. The market capitalization of Hindustan Unilever increased by Rs 13,239.95 crore and stood at Rs 5,74,569.05 crore. ITC's market cap increased by Rs 11,508.91 crore to Rs 5,94,272.93 crore. Bharti Airtel's valuation rose by Rs 11,260.11 crore to Rs 8,94,068.84 crore and State Bank of India's (SBI) market cap rose by Rs 10,709.55 crore to Rs 7,28,293.62 crore.
These companies were in loss
Contrary to this trend, the valuation of Life Insurance Corporation of India (LIC) declined by Rs 11,954.24 crore to Rs 5,62,545.30 crore. The market capitalization of Reliance Industries declined by Rs 2,368.16 crore to Rs 17,13,130.75 crore. Reliance Industries remained at first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, ITC, Hindustan Unilever and LIC respectively.
As per agency input-
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