Market Cap Of Top Companies: The market cap of 8 out of the top 10 companies of BSE Sensex has increased by Rs 1,52,355.03 crore last week. HDFC Bank and State Bank of India have benefited the most in this.
Last week, the BSE Sensex had gained 1246.89 points or 2.07 per cent. On Thursday, the Sensex crossed 61 thousand for the first time. The stock market remained closed on Friday on account of Dussehra.
The market cap of these companies increased
HDFC Bank’s m-cap rose by Rs 46,348.47 crore to Rs 9,33,559.01 crore. The m-cap of State Bank of India (SBI) increased by Rs 29,272.73 crore to Rs 4,37,752.20 crore. Similarly, the m-cap of Reliance Industries increased by Rs 18,384.38 crore to reach Rs 17,11,554.55 crore.
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ICICI Bank’s m-cap rose by Rs 16,860.76 crore to Rs 5,04,249.13 crore and HDFC’s market cap rose by Rs 16,020.7 crore to Rs 5,07,861.84 crore.
The m-cap of Kotak Mahindra Bank declined by Rs 15,944.02 crore to Rs 3,43,934.41 crore and that of Bajaj Finance increased by Rs 7,526,82 crore to Rs 4,74,467.41 crore.
The m-cap of Hindustan Unilever Limited increased by Rs 1,997.15 crore to Rs 6,22,359.73 crore.
The fall in the market cap of these companies
In contrast, the m-cap of Tata Consultancy Services (TCS) declined by Rs 1,19,849.27 crore to Rs 13,35,838.42 crore. The company’s shares had fallen by more than 6 per cent on Monday as the company’s results were not as expected. The m-cap of Infosys declined by Rs 3,41,4,71 crore to Rs 7,27,692.41 crore.
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Reliance Industries ranked first in the ranking of top 10 companies last week. This is followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, State Bank of India (SBI) and Kotak Mahindra Bank (Kotak). Mahindra Bank) remained in place.
(Disclaimer: Network 18 Media & Investment Ltd. is owned by Independent Media Trust. Its beneficiary company is Reliance Industries.)
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