Share Market: Half of the top 10 companies have silver, market cap increased by Rs 1.54 lakh crore; TCS’s bumper earnings

Share Market Top-10 Companies Market Cap: The market cap of five out of the top 10 companies of the Indian stock market has increased by Rs 1.54 lakh crore in the last one week. Tata Consultancy Services (TCS) and ICICI Bank have benefited the most in this. The valuation of TCS has increased the most. During this period, the market cap of the company increased by Rs 72,072.3 crore to Rs 8,20,672.70 crore.

The surge came after the country’s largest IT services company reported a 4.61 percent year-on-year increase in its consolidated profits in the June quarter and reassured investors that demand hit by the West Asia crisis will improve in the current quarter.

Sharp jump in market cap of ICICI Bank

ICICI Bank The market cap of Reliance Industries has increased by Rs 29,062.06 crore to Rs 10,34,441.77 crore, while the market cap of Reliance Industries has increased by Rs 23,884.93 crore during this period, taking the market valuation of the company to Rs 17,95,091.26 crore. The market cap of Bajaj Finance has increased by Rs 21,946.2 crore to Rs 6,57,274.28 crore. The market cap of State Bank of India (SBI) has increased by Rs 7,338.34 crore to Rs 9,63,768.78 crore.

L&T loss of Rs 18 thousand crores

On the other hand, the market cap of L&T declined by Rs 18,097.72 crore to Rs 5,24,840.68 crore. The market capitalization of LIC declined by Rs 12,080.75 crore to Rs 5,48,124.30 crore. Bharti Airtel’s marketcap declined by Rs 7,706.45 crore to Rs 11,91,067.77 crore, while HDFC Bank’s valuation declined by Rs 7,084.61 crore, taking its market capitalization to Rs 12,62,369.81 crore. The valuation of Hindustan Unilever also declined marginally by Rs 1,221.79 crore and came to Rs 5,03,775.86 crore.

Reliance is the richest company in the country

At the end of the week, Reliance Industries It remained India’s highest valued listed company. This was followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, LIC, Larsen & Toubro (L&T) and Hindustan Unilever. The past one week has been profitable for the Indian stock market. During this period, Sensex was at 78,151.45 with a gain of 582.06 points or 0.75 percent and Nifty was at 24,334.30 with a gain of 127.40 points or 0.53 percent.

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How was the stock market last week?

Nifty IT was the top gainer in the July 13-17 session with a gain of 4.34 percent. Apart from this, Nifty Consumer Durables closed with gains of 3.11 per cent, Nifty Media 2.50 per cent, Nifty Private Bank 1.51 per cent, Nifty Oil & Gas 1.08 per cent, Nifty Auto 0.89 per cent, Nifty Services 0.87 per cent, Nifty PSE 0.28 per cent and Nifty Energy 0.09 per cent.