The market capitalization (market cap) of seven of the top 10 companies of the Sensex increased by Rs 1,40,430.45 crore last week. The biggest beneficiary in this has emerged as Reliance Industries. BSE gained 812.67 points or 1.60 per cent during the week.
The companies that benefited from his valuation included Reliance Industries, Tata Consultancy Services, Infosys, HDFC, ICICI Bank, State Bank of India and Bajaj Finance. While the market capitalization of HDFC Bank, Hindustan Unilever and Kotak Mahindra Bank has decreased.
The market valuation of Reliance Industries rose by Rs 74,329.95 crore to Rs 12,94,038.34 crore, which is the highest among the top 10 companies. ICICI Bank added 22,943.86 crore to its valuation to reach 4,47,323.82 crore. And Infosys saw a jump of Rs 15,888.27 crore, with which it has reached 5,57,835.85 crore.
HDFC’s market valuation increased by Rs 12,439.33 crore to Rs 5,02,316.66 crore and Tata Consultancy Services rose by Rs 12,420.4 crore to Rs 11,97,442.25 crore. Bajaj Finance added Rs 2,274.77 crore to its valuation, bringing it to Rs 3,36,032.83 crore. And the market capitalization of State Bank of India has increased by Rs 133.87 crore to Rs 3,50,915.73 crore.
