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The market capitalization (mk-cap) of eight of the top 10 Sensex companies increased by a combined Rs 1,55,603.45 crore last week. HDFC Bank and Tata Consultancy Services (TCS) were the biggest gainers.
Last week, the 30-share BSE Sensex gained 1,536.8 points or 1.98 percent. The National Stock Exchange's Nifty rose 374.55 points or 1.59 percent. On Friday, the Sensex jumped 1,961.32 points or 2.54 percent to close at 79,117.11 points. The NSE Nifty also rose 557.35 points or 2.39 percent to reach 23,907.25 points.
In the list of top 10 companies, the market valuation of Reliance Industries and Life Insurance Corporation of India (LIC) also declined. The market capitalization of other companies increased. During the week under review, the market valuation of HDFC Bank increased by Rs 40,392.91 crore to Rs 13,34,418.14 crore. HDFC Bank was the biggest gainer. The market status of TCS increased by Rs 36,036.15 crore to Rs 15,36,149.51 crore.
ICICI Bank's valuation rose by Rs 16,266.54 crore to Rs 9,01,866.22 crore and Infosys' valuation rose by Rs 16,189.33 crore to Rs 7,90,151.83 crore. Hindustan Unilever's market capitalization rose by Rs 13,239.95 crore to Rs 5,74,569.05 crore.
The market cap of ITC rose by Rs 11,508.91 crore to Rs 5,94,272.93 crore. The valuation of Bharti Airtel rose by Rs 11,260.11 crore to Rs 8,94,068.84 crore and that of State Bank of India (SBI) rose by Rs 10,709.55 crore to Rs 7,28,293.62 crore.
In contrast, the valuation of the Life Insurance Corporation of India (LIC) fell by Rs 11,954.24 crore to Rs 5,62,545.30 crore. The market capitalization of Reliance Industries fell by Rs 2,368.16 crore to Rs 17,13,130.75 crore.
Reliance Industries remained at the top position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, ITC, Hindustan Unilever, and LIC respectively.
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