During the last trading week, six of the country’s top 10 companies have seen an increase in market valuation, i.e., M-Cap. During the last trading week, the country’s top 6 companies have added a total of INR 2,03,010.73 crore to their market cap. Reliance Industries (RIL) and Tata Consultancy Services (TCS) were the biggest gainers during the last trading week amid an optimistic trend in the Indian stock market. At the same time, the BSE benchmark Sensex also jumped 780.45 points or 1.19 percent in the last trading week. On Friday, the Sensex had closed at its highest ever level of 66,060.90 points. How much has the market cap of Reliance increased?
Top 6 Companies Add INR 2,03,010.73 Crore to Market Cap
In the top 10 companies, the market cap of Reliance Industries (RIL) increased by INR 69,990.57 crore, reaching INR 18,53,033.73 crore. While Tata Consultancy Services (TCS) added INR 68,168.12 crore to its market cap, taking it to INR 12,85,058.84 crore. The market cap of Infosys rose by INR 39,094.81 crore to INR 5,91,547.67 crore, and Bharti Airtel gained INR 10,272.84 crore, reaching INR 4,95,116.94 crore. The market cap of ICICI Bank rose by INR 10,135.42 crore to INR 6,72,837.72 crore, and ITC rose by INR 5,348.97 crore to INR 5,87,951.43 crore.
Reliance Industries and TCS Lead Gainers: Positive Trend in Indian Stock Market
The losses suffered by these companies: HDFC Bank’s market cap declined by INR 8,695.25 crore to INR 9,19,962.74 crore. On the other hand, the market cap of State Bank declined by INR 8,299.89 crore to INR 5,21,598.94 crore, and Bajaj Finance declined by INR 8,130.77 crore to INR 4,53,288.03 crore. Meanwhile, the market cap of Hindustan Unilever (HUL) declined by INR 4,581.7 crore to INR 6,28,950.34 crore.
Top 10 companies of the country: Reliance Industries retains its top position among the top 10 companies in the country, followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, and Bharti Airtel.