Business

Market cap of seven of the top 10 Sensex companies increased by Rs 1.31 lakh crore

New Delhi: The market capitalization (market cap) of seven of the top 10 Sensex companies increased by Rs 1,31,173.41 crore last week. Hindustan Unilever and Tata Consultancy Services (TCS) were the top gainers. During this period, the market capitalization of Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro increased. At the same time, the market valuation of HDFC Bank, ICICI Bank and State Bank of India (SBI) declined.

Hindustan Unilever’s market cap rose by Rs 50,234.21 crore
Hindustan Unilever’s market capitalization rose by Rs 50,234.21 crore to Rs 6,15,016.63 crore in the week under review. The market valuation of TCS stood at Rs 13,15,919.03 crore, up by Rs 35,344.44 crore. The market position of Bajaj Finance rose by Rs 30,442.29 crore to Rs 4,01,782.58 crore and that of Infosys by Rs 8,335.27 crore to Rs 7,34,755.12 crore.

SBI’s market cap declined by Rs 21,776.05 crore
Contrary to this trend, SBI’s market cap declined by Rs 21,776.05 crore to Rs 3,63,187.07 crore. ICICI Bank’s market valuation declined by Rs 16,854.73 crore to Rs 4,71,497.28 crore and HDFC Bank’s loss by Rs 5,947.03 crore to Rs 8,37,756.50 crore during the week.

Reliance Industries at number one
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, Bajaj Finance, SBI and Wipro respectively. Last week, the 30-share BSE Sensex fell 107.97 points or 0.19 percent.

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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