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Market Capitalisation: The market capitalisation of four of the top 10 most valuable companies of the Sensex declined by Rs 96,605.66 crore last week. HDFC Bank suffered the biggest loss.
Last week, the valuations of Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India (SBI) declined, while the market cap of Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of India (LIC) and Hindustan Unilever increased. The market capitalisation of these six companies collectively increased by Rs 82,861.16 crore.
HDFC Bank's market valuation declined by Rs 37,025.46 crore to Rs 13,37,919.84 crore in the week under review.
ICICI Bank's valuation dropped by Rs 29,324.55 crore to Rs 8,93,378.50 crore. TCS' market cap dropped by Rs 24,856.26 crore to Rs 14,83,144.53 crore. SBI's valuation dropped by Rs 5,399.39 crore to Rs 7,08,168.60 crore. In contrast, Reliance Industries' market cap rose by Rs 41,138.41 crore to Rs 16,93,373.48 crore. Hindustan Unilever's valuation rose by Rs 15,331.08 crore to Rs 5,65,194.18 crore.
The market capitalisation of LIC rose by Rs 13,282.49 crore to Rs 5,74,689.29 crore and that of Infosys rose by Rs 9,031.19 crore to Rs 8,04,834.34 crore. The valuation of ITC rose by Rs 3,878.63 crore to Rs 6,03,064.44 crore and that of Bharti Airtel rose by Rs 199.36 crore to Rs 9,10,934.58 crore.
Last week, the 30-share BSE Sensex rose 524.04 points, or 0.66 per cent, while the National Stock Exchange's Nifty gained 191.35 points, or 0.80 per cent. In the list of top 10 companies, Reliance Industries remained at the top, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, ITC, LIC and Hindustan Unilever.
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