The market capitalization of six of the country’s ten largest companies increased by Rs 1,11,220.5 crore. Last week, the total market valuation of these companies increased by more than Rs 1 lakh crore. Tata Consultancy Services and Infosys were the frontrunners in this race. Tata Consultancy Services (TCS), HDFC Bank, Infosys, HDFC, ICICI Bank, State Bank of India (State Bank of India) registered an increase in the market valuation while Reliance Industries (Reliance Industries) Hindustan Unilever Limited, Bajaj Finance (Bajaj Finance) and Kotak Mahindra Bank (Kotak Mahindra Bank) registered a decline in the market capitalization.
TCS and Infosys at the forefront
The market capitalization of Tata Consultancy Services increased to Rs 30,961.06 crore from Rs 12,50,538.30 crore last week, while that of Infosys increased by Rs 29,807.59 crore to Rs 6,70,915.93 crore. HDFC Bank’s market capitalization increased by Rs 19,838.88 crore to Rs 8,36,426.69 crore. The market capitalization of State Bank of India increased by Rs 14,234.76 crore to Rs 3,82,642.72 crore. ICICI Bank increased by Rs 12,775.99 crore to Rs 4,49,166.77 crore.
Market capitalization of Reliance and Bajaj Capital decreased
Reliance Industries faced a decline in terms of market capitalization. The market capitalization of Reliance Industries increased by Rs 76,548.77 crore to Rs 13,34,009.02 crore. HUL’s market capitalization increased by Rs 7,424.7 crore to Rs 5,75,449.55 crore. At the same time, the market capitalization of Kotak Mahindra Bank increased by Rs 5,084.82 crore to Rs 3,43,934.41 crore. The market capitalization of Bajaj Finance declined by Rs 763.55 crore to Rs 3,66,662.44 crore. The Sensex rose 1.10 per cent last week.
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