stock market There was a great rise in the last week. The Sensex jumped 1,906.33 points or 2.38 per cent, while the NSE Nifty gained 546.7 points per cent. TCS and HDFC Bank contributed significantly in this. HDFC Bank shares registered a rise of 4.44% last week. At the same time, TCS shares have increased by 4.76%. The market cap of these companies increased tremendously due to the rise in shares. Let us tell you that among the companies included in Sensex, Tata Consultancy Services and HDFC Bank were the biggest gainers. The market valuation of TCS increased by Rs 62,574.82 crore to Rs 16,08,782.61 crore in the week under review. HDFC Bank added Rs 45,338.17 crore, taking its market valuation to Rs 14,19,270.28 crore. Due to this, their investors earned huge profits.
Market cap increased by Rs 2 lakh crore
The market capitalization of six of the country's top 10 most valuable companies rose by Rs 2,03,116.81 crore last week. During this period, gains were registered in Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys and State Bank of India. On the other hand, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC and Hindustan Unilever faced declines. Infosys' valuation rose by Rs 26,885.8 crore to Rs 7,98,560.13 crore and Reliance Industries' valuation rose by Rs 26,185.14 crore to Rs 17,75,176.68 crore. The market capitalization of State Bank of India increased by Rs 22,311.55 crore to Rs 7,71,087.17 crore and that of ICICI Bank increased by Rs 19,821.33 crore to Rs 9,37,545.57 crore.
These two companies caused loss
However, during this period, the market capitalization of Bharti Airtel declined by Rs 16,720.1 crore to Rs 9,10,005.80 crore and the market capitalization of ITC declined by Rs 7,256.27 crore to Rs 5,89,572.01 crore. Reliance Industries remained the most valuable company among the top 10 companies, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, LIC, ITC and Hindustan Unilever.
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