BusinessFEATUREDLatestNewsTOP NEWS STORIESTOP STORIES

Mcap Of Top 10 Firms: RIL Retained First Place

Mcap of Top 10 Firms: Market cap of 6 of the top 10 companies increased by ₹ 1.56 lakh crore, and RIL benefited the most.

The market capitalization of 6 of the top 10 Sensex companies collectively increased by Rs 1,56,247.35 crore last week. During this, Reliance Industries (RIL) benefited the most.

The market cap of Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HDFC, and Bajaj Finance rose during the week.

At the same time, the market cap of Infosys, Hindustan Unilever, and Life Insurance Corporation (LIC) declined.

Sensex jumps 1.83 percent.

Last week, the 30-share BSE Sensex was up 1,074 points or 1.83 percent. On the other hand, the Nifty climbed 300 points or 1.95 percent. The market has registered weekly gains for the fourth time in a row.

The market cap of these companies also increased.

In the reporting week, the market cap of Reliance Industries increased by Rs 66,772.08 crore to Rs 17,81,028.47 crore.

The market capitalization of TCS increased by Rs 12,642.03 crore to Rs 12,44,004.29 crore and that of HDFC Bank 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 rose by Rs 339.04 crore to Rs 4,42,496.12 crore.

The market cap of these companies including Infosys decreased.

Contrary to this trend, the market position of Infosys declined by Rs 9,262.29 crore to Rs 6,70,920.64 crore. The market cap of Hindustan Unilever declined by Rs 11,454.26 crore to Rs 6,09,765.92 crore.

LIC’s market valuation declined by Rs 3,289 crore to Rs 4,31,459.72 crore. The market cap of the State Bank of India remained stable at Rs 4,73,584.52 crore.

RIL retained first place.

Reliance Industries remained in first place in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, Bajaj Finance, and LIC respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2023 ANN All Rights Reserved