Market capitalization of six of the top-10 companies increased by Rs 60,198 crore last week, Infosys benefited the most: M-Cap.
Last week, the M-cap of six of the country’s top-10 valued companies combined increased by Rs 60,198.67 crore. Of these, Infosys and Tata Consultancy Services benefited the most.
Apart from this, Reliance Industries Limited, Hindustan Unilever Limited, Kotak Mahindra Bank and Bharti Airtel also benefited.
On the other hand, market capitalization of HDFC Bank, HDFC, ICICI Bank and Bajaj Finance declined. The Sensex gained 12.85 points or 0.02 percent in the previous week.
Infosys market valuation rose by Rs 19,849.41 crore to Rs 5,26,627.07 crore last week. At the same time, TCS’s M-cap increased by Rs 17,204.68 crore, taking it to Rs 10,91,362.33 crore.
Apart from this, the market capitalization of Hindustan Unilever Limited increased by Rs 16,035.72 crore to Rs 5,63,881.75 crore.
Also, the market capitalization of Bharti Airtel increased by Rs 3,518.83 crore, taking it to Rs 2,82,079.59 crore.
At the same time, Kotak Mahindra Bank’s M-cap rose by Rs 2,544.02 crore to Rs 3,88,414.04 crore.
Apart from this, last week, Reliance Industries Ltd. K Mcap increased by Rs 1,046.01 crore, taking it to Rs 12,64,021.09 crore.
In contrast, HDFC Bank’s M-cap declined by Rs 7,755 crore to Rs 7,69,364.60 crore.
At the same time, HDFC’s market capitalization declined by Rs 4,445.63 crore to Rs 4,41,728.42 crore.
Bajaj Finance’s m-cap also declined by Rs 4,121.69 crore to Rs 3,12,360.19 crore and ICICI Bank’s Mcap declined by Rs 2,263.57 crore to Rs 3,54,590.10 crore.
RIL topped the highest rated companies last week. After that, TCS, HDFC Bank (HDFC Bank), HUL.
Infosys, HDFC, HDFC, Kotak Mahindra Bank, ICICI Bank, ICICI Bank, Bajaj Finance, and Bharti Airtel respectively.
Stock market opens with gains, Sensex up 300 points; Nifty above 13,850
Today stock market opened with a rise on the first trading day of the week i.e. Monday.
Bombay Stock Exchange’s flagship index Sensex gained 180.05 points to open at 47,153.59