Last week there was a good rise in the stock market. Leaving aside the slight fall on October 8, the festive season was in full swing on the stock market. After that, the remaining gap was filled by the IPOs of Tata Capital and LG Electronics. In which very good response has been received from investors. Last week, there was an increase of Rs 1,94,564.11 crore in the valuation of 8 companies out of the top 10 companies of the stock market. Whereas the market cap of two companies has suffered a loss of Rs 8,220.25 crore.
By the way, last week TCS, the biggest company of Tata Group, benefited the most. There has been an increase of more than Rs 45 thousand crore in the market cap of the IT company. The special thing is that the market cap of these 6 companies has seen an increase of more than Rs 20 thousand crores. An increase in the market cap of Infosys, HDFC Bank, Airtel, ICICI Bank, SBI, Bajaj Finance and Reliance Industries has been seen. Let us also tell you how much profit has been made by which company.
How much has the market cap of 8 companies in the top 10 increased?
- There was a tremendous rise in the shares of TCS, the country’s largest IT company, this week. Due to which the maximum increase of Rs 45,678.35 crore was seen in the valuation of the company. After which the market cap of the company became Rs 10,95,701.62 crore.
- There was little rise in the shares of Infosys, one of the biggest IT companies of the country. This is the reason why there was an increase of Rs 28,125.29 crore in the valuation of Infosys. After which the valuation of the company became Rs 6,29,080.22 crore.
- There has been little increase in the valuation of HDFC Bank, the country’s largest private lender. According to BSE data, the valuation of the bank has increased by Rs 25,135.62 crore to Rs 15,07,025.19 crore.
- Among the big telecom companies in the country, Bharti Airtel’s market cap has seen a good growth during the festive week. According to BSE data, the valuation of the company has increased by Rs 25,089.27 crore to Rs 11,05,980.35 crore.
- There has also been a good increase in the market cap of the country’s largest company Reliance Industries. This is the reason why the valuation of the company has increased by Rs 25,035.08 crore to Rs 18,70,120.06 crore.
- There has been a good increase in the shares of Bajaj Finance, the country’s leading NBFC company, and an increase of Rs 21,187.56 crore has been seen in the valuation of the company. After that the market cap of the company has increased to Rs 6,36,995.74 crore.
- The market cap of State Bank of India, the country’s largest government lender, has also seen a significant increase. This week, there has been an increase of Rs 13,061.32 crore in the valuation of the bank and the market cap has become Rs 8,13,402.02 crore.
- Shares of ICICI Bank, the country’s second largest private lender, have also increased in the last week. After which the market cap of the bank has increased by Rs 11,251.62 crore to Rs 9,86,367.47 crore.
- On the contrary, there has been a slight decline in the market cap of LIC, the country’s largest government insurance company. The valuation of the company has decreased by Rs 4,648.88 crore to Rs 5,67,858.29 crore.
- The market cap of the country’s largest FMCG company Hindustan Unilever also saw a decline. If we look at the figures, the valuation of the company has reduced by Rs 3,571.37 crore to Rs 5,94,235.13 crore.
How much did the stock market rise?
Last week there was a very good rise in the stock market. If we look at the figures, the main index of Bombay Stock Exchange, Sensex, was seen at 82,500.82 points with a rise of 1293.65 points or 1.60 percent. On the other hand, the main index of National Stock Exchange Nifty closed at 25,285.35 points with a rise of 391.1 points or 1.57 percent. If experts are to be believed, we may see a rise in the coming days.