The market capitalization (market cap) of six of the top 10 Sensex companies have collectively increased by Rs 1,56,247.35 crore last week. During this, Reliance Industries has benefited the most.
The market capitalization (market cap) of six of the top 10 Sensex companies have collectively increased by Rs 1,56,247.35 crore last week.
The market capitalization (market cap) of six of the top 10 Sensex companies have collectively increased by Rs 1,56,247.35 crore last week. During this the most Reliance Industries happened to. The market capitalization of Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HDFC and Bajaj Finance rose during the week. At the same time, there has been a decline in the market capitalization of Infosys, Hindustan Unilever and Life Insurance Corporation (LIC). Markets were closed on Tuesday on Muharram.
The market cap of these companies increased
The market capitalization of Reliance Industries has increased by Rs 66,772.08 crore to Rs 17,81,028.47 crore in the reporting week. At the same time, the market position of TCS has increased by Rs 12,642.03 crore to Rs 12,44,004.29 crore and that of HDFC Bank has increased by Rs 32,346.90 crore to Rs 8,25,207.35 crore.
The market valuation of ICICI Bank rose by Rs 25,467.37 crore to Rs 6,08,729.12 crore and that of HDFC rose by Rs 18,679.93 crore to Rs 4,45,759.90 crore.
The market valuation of Bajaj Finance has climbed by Rs 339.04 crore to Rs 4,42,496.12 crore. Contrary to this trend, the market position of Infosys has declined by Rs 9,262.29 crore to Rs 6,70,920.64 crore.
loss to these companies
The market capitalization of Hindustan Unilever has come down to Rs 6,09,765.92 crore from a loss of Rs 11,454.26 crore. The market valuation of LIC has come down by Rs 3,289 crore to Rs 4,31,459.72 crore.
The market capitalization of State Bank of India (SBI) has remained stable at Rs 4,73,584.52 crore. Reliance Industries has remained in the first place in the list of top 10 companies. It is followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, Bajaj Finance and LIC respectively.
Last week, the 30-share BSE Sensex has gained 1,074 points or 1.83 per cent. At the same time, Nifty has climbed 300 points or 1.95 percent. The stock market has recorded weekly gains for the fourth time in a row.
Let us tell you that the trend of growth in the stock market is continuing. And this week has been the fourth week when the market has closed with an edge. In the week ended August 12, the stock market has seen a rise of about 2 percent. Strength in foreign markets and positive signals from the domestic front have been the main reasons for this week’s rally in the stock market.
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