For the last three weeks, the market was closing with a steady decline, but this week it closed with a gain of about 3 per cent.
TCS’s market cap reached Rs 11.58 lakh crore.
After the Reserve Bank’s announcement, the market closed for three consecutive days this week. For the last three weeks, the market was closing with a steady decline, but this week it closed with a gain of about 3 per cent. In terms of market cap, the market closed at an all-time high this week and the total market cap of BSE listed companies closed at Rs 211.24 lakh crore. It closed at the level of 207.02 lakh crore last week. In this way, a total of 4.22 lakh crores was raised in this week.
Of these, the market capitalization of eight of the 10 most valuable companies in the country increased by Rs 81,250.83 crore. Tata Consultancy Services (TCS) was the biggest gainer. Only Reliance Industries Ltd. in the week ended on Friday. And Infosys suffered in terms of market capitalization. The remaining eight companies… TCS, HDFC Bank, Hindustan Unilever Ltd., HDFC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India were in profit.
TCS’s market cap rose to 34623 million
TCS ‘market valuation jumped by Rs 34,623.12 crore to Rs 11,58,542.89 crore last week. Hindustan Unilever’s MCAP increased by Rs 13,897.69 crore to Rs 5,66,950.71 crore. HDFC’s market capitalization (MCAP) increased by Rs 13,728.03 crore to Rs 4,50, 310.13 crore while Kotak Mahindra Bank’s market valuation increased by Rs 6,213.06 crore to Rs 3,52,756.84 crore.
ICICI Bank’s market cap soared to 4428 crores
ICICI Bank’s market capitalization increased by Rs 4,428.5 crore to Rs 4,19,776.85 crore, while State Bank of India’s MCAP increased by Rs 4,239.2 crore to Rs 3,19,679.59 crore. The market capitalization of Bajaj Finance increased by Rs. 2,797.59 crore to Rs. 3,31,436 crore last week and HDFC Bank’s MCAP increased by Rs. 1,323.64 crore to Rs. 7,80,174.61 crore.
40 thousand crore drop in Reliance’s market cap
In contrast, Reliance Industries ‘market capitalization declined by Rs 40,033.57 crore to Rs 12,24,336.42 crore last week and Infosys’ market capitalization declined by Rs 639.11 crore to Rs 5,76,228.85 crore. Last week, the 30-share BSE Sensex gained 424.11, or 0.86 percent. Reliance Industries topped the top 10 Mulvan companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Ltd., HDFC, ICAECI Bank, Kotak Mahindra Bank, Bajaj Finance and State Bank of India respectively.
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