TCS Infosys made investors rich, know what the market cap of the top 10 companies
The market capitalization of nine of the top 10 Sensex companies collectively increased by Rs 2.26 lakh crore last week. Tata Consultancy Services (TCS) and Infosys were the biggest gainers. Last week, the 30-share BSE Sensex gained 1,658.15 points or 2.37 percent. On Friday, the Sensex closed at a record high of 71,483.75, up 969.55 points or 1.37 percent. During the day, it rose 1,091.56 points or 1.54 percent to 71,605.76, which is its all-time high.
The combined market valuation of nine companies including Reliance Industries, TCS, ICICI Bank, and Infosys increased by Rs 2,26,391.77 crore in the week under review. Only Bharti Airtel’s market valuation declined. The market valuation of TCS increased by Rs 85,493.74 crore during the week to reach Rs 14,12,412.13 crore. TCS was the biggest gainer. Infosys’ market cap stood at Rs 6,55,457.54 crore with a jump of Rs 36,793.61 crore. The market valuation of State Bank of India (SBI) increased by Rs 30,700.67 crore to Rs 5,78,671.84 crore and that of Reliance Industries jumped by Rs 26,386.16 crore to reach Rs 16,88,173.26 crore.
The market capitalization of ICICI Bank increased by Rs 18,493.9 crore to Rs 7,27,330.82 crore and that of Life Insurance Corporation (LIC) increased by Rs 14,294.5 crore to Rs 5,03,722.82 crore. The valuation of ITC increased by Rs 11,412.78 crore to Rs 5,71,636.39 crore and that of HDFC Bank increased by Rs 2,428.72 crore to Rs 12,57,093.46 crore. Hindustan Unilever added Rs 387.69 crore during the week and its market valuation reached Rs 5,92,801.88 crore. Contrary to this trend, the market capitalization of Bharti Airtel declined by Rs 3,654.15 crore to Rs 5,58,242.75 crore.
Reliance Industries remained at first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, State Bank of India, ITC, Bharti Airtel and LIC respectively. Also, read this.
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