Legendary companies became rich, earned 1.72 lakh crores in 5 days, Reliance was number 1

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Reliance Industries Head Mukesh Ambani Image Credit Source: Samir Jana/HT Via Getty Images

Last week, the stock market may have seen a rise of less than one per cent, but the country’s legendary companies left no stone unturned in the matter of earning. According to the report, in the 5 business days of the last week, the market cap of 8 companies out of the country’s 10 top companies has seen an increase of Rs 1,72,148.89 crore. In which Reliance Industries, the largest company in the country, has done the most. The market cap of which has increased by 48 thousand crores. On the other hand, the market cap has also seen an increase in the shares of companies like TCS, Bharti Airtel, ICICI Bank etc.

On the other hand, the valuation of HDFC Bank and SBI Bank, the two biggest banks of the country, saw a decline. About 20 thousand crore rupees have disappeared from the market cap of both. By the way, last week, the Bombay Stock Exchange’s major index Sensex had seen a jump of 709.19 points i.e. 0.87 percent. On the other hand, the Nifty, the major index of the National Stock Exchange, has seen an increase of 238.8 points i.e. about one percent. According to experts, there can be further increase in the stock market in the coming days. Let us also tell you how much out of the top 10 companies of the country have seen how much increase in the market cap of 8 companies.

Market cap of these companies of the country increases

  1. Reliance Industries, the country’s largest company, increased by Rs 48,107.94 crore, causing its market assessment to Rs 19,07,131.37 crore.
  2. The country’s largest FMCG company Hindustan Unilever’s market capitalization (MCAP) increased by Rs 34,280.54 crore to Rs 6,17,672.30 crore.
  3. The evaluation of Bharti Airtel, the country’s largest listed telecom company, has increased by Rs 33,899.02 crore to Rs 11,02,159.94 crore.
  4. On the other hand, Bajaj Finance, one of the big NBFC companies of the country, increased by Rs 20,413.95 crore to Rs 5,55,961.39 crore.
  5. The market capitalization of Infosys, one of the country’s large IT companies, increased by Rs 16,693.93 crore to Rs 6,18,004.12 crore.
  6. On the other hand, the market capitalization of the country’s largest IT company TCS increased by Rs 11,487.42 crore to Rs 11,04,837.29 crore.
  7. The market evaluation of the country’s second largest lender ICICI Bank increased by Rs 6,443.84 crore, causing it to Rs 10,25,426.19 crore.
  8. Apart from this, the market evaluation of the country’s largest life insurance company LIC increased by Rs 822.25 crore to Rs 5,62,703.42 crore.
  9. In contrast, the market capitalization of HDFC Bank, the country’s largest private lender, fell by Rs 20,040.7 crore to Rs 15,08,346.39 crore.
  10. The country’s largest government lender state bank’s market evaluation declined by Rs 9,784.46 crore to Rs 7,53,310.70 crore.

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