The market cap of Reliance Industries increased by 59590 crores to 13.28 lakh crores this week.
Nifty closed at historic level this week.
Share market this week: The market capitalization (market cap) of eight of the 10 most valuable companies in the country increased by Rs 1,39,566.52 crore jointly last week. Reliance Industries, TCS and Infosys were the biggest gainers in this. On a weekly basis, the BSE Sensex gained 882.40 points or 1.74 per cent. Only two companies – Hindustan Unilever and Bajaj Finance – registered a fall in the market capitalization during the week ended Friday.
Among profit making companies, the market valuation of Reliance Industries jumped by Rs 59,590.77 crore to Rs 13,28,049.94 crore. The market cap of Tata Consultancy Services increased by Rs 23,562.96 crore to Rs 11,63,018.74 crore. The investors of these two companies together earned Rs 83152 crore this week. At the same time, the market capitalization of Infosys increased by Rs 21,395.27 crore to Rs 5,98,604.10 crore.
SBI’s market cap increased by 18697 crores
The market capitalization of state-owned State Bank of India (SBI) increased by Rs 18,697.06 crore to Rs 3,76,663.23 crore. At the same time, the market cap of Kotak Mahindra Bank increased by Rs 8,435.06 crore to Rs 3,56,849.67 crore. The market valuation of HDFC rose by Rs 4,555.41 crore to Rs 4,58,418.62 crore and that of HDFC Bank by Rs 2,721.71 crore to Rs 8,28,341.24 crore. The market valuation of ICICI Bank rose by Rs 608.28 crore to Rs 4,45,171.34 crore in the week under review.
HUL’s market cap decreased by 8904 crores
On the other hand, the market cap of Hindustan Unilever declined by Rs 8,904.94 crore to Rs 5,45,762.50 crore and that of Bajaj Finance declined by Rs 1,282.63 crore to Rs 3,38,589.27 crore. Reliance Industries was the most valuable company in the country. It was followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Bajaj Finance.
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