TCS market cap
The market cap of seven of the top 10 most valued Sensex companies collectively rose by Rs 1,55,710.74 crore during the last week, which saw less trading sessions due to holidays. Reliance Industries and Tata Consultancy Services (TCS) were the biggest gainers amid positive trend in the domestic stock market.
Last week, the 30-share BSE Sensex rose 259.69 points or 0.30 percent. On Thursday, the Sensex touched its 52-week high of 85,290.06 points. Among the top 10 companies, Reliance Industries, Bharti Airtel, Tata Consultancy Services, State Bank of India (SBI), Bajaj Finance, Infosys and Life Insurance Corporation of India (LIC) were gainers. Whereas the valuations of HDFC Bank, ICICI Bank and Hindustan Unilever declined. In the week under review, the market capitalization of Reliance Industries increased by Rs 46,687.03 crore to Rs 19,64,170.74 crore. The market valuation of TCS increased by Rs 36,126.6 crore to reach Rs 11,08,021.21 crore.
Infosys’ market valuation increased by Rs 34,938.51 crore to Rs 6,33,712.38 crore and State Bank of India’s valuation increased by Rs 13,892.07 crore to Rs 8,34,817.05 crore. Bajaj Finance’s market cap rose by Rs 11,947.17 crore to Rs 6,77,846.36 crore, while Bharti Airtel’s valuation rose by Rs 9,779.11 crore to Rs 11,57,014.19 crore.
Market cap of these companies increased
LIC added Rs 2,340.25 crore during the week, taking its market valuation to Rs 5,62,513.67 crore. Contrary to this trend, the market capitalization of ICICI Bank declined by Rs 43,744.59 crore to Rs 9,82,746.76 crore. Hindustan Unilever’s market cap declined by Rs 20,523.68 crore to Rs 5,91,486.10 crore and HDFC Bank’s valuation declined by Rs 11,983.68 crore to Rs 15,28,227.10 crore. Reliance Industries remained at first position in the list of top 10 companies. After this, HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever Limited and LIC were ranked respectively.