Fortunes of veterans brightened due to Trump’s ‘leniency’! Tata, Ambani and Mittal became rich due to one decision

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The effect of Trump’s softness on tariffs was strongly visible in the Indian stock market. Due to which there was a good increase in the valuation of big companies of the country. An increase of 7 percent was seen in the shares of Reliance Industries and HDFC Bank, which are among the top 10 companies of the stock market. Whereas the shares of Infosys and TCS saw a rise of more than 5 percent. If we talk about SBI, an increase of 6 percent was seen. The special thing is that the combined market cap of these big companies has seen an increase of more than Rs 5.40 lakh crore. If we talk about Sensex, an increase of more than 4200 points was seen during the trading session. Let us also tell you how much the country’s big companies have benefited.

Tremendous increase in market cap of big companies

  1. Shares of Reliance Industries saw a rise of more than 7 percent during the trading session on Tuesday and the market cap of the company increased by Rs 1,33,768.49 crore to Rs 20,14,985.17 crore.
  2. Shares of HDFC Bank saw a rise of about 7 percent during the trading session and the market cap of the bank increased by Rs 96,488.38 crore to Rs 15,23,500.64 crore.
  3. Infosys, one of the country’s biggest IT companies, saw an increase of 6 percent in its shares and the market cap of the company increased by Rs 41,068.96 crore to Rs 7,17,865.49 crore.
  4. An increase of 5.28 percent was seen in the shares of TCS, the country’s largest IT company. After that, there was an increase of Rs 60,563.02 crore in the valuation of the company and the valuation became Rs 12,07,172.33 crore.

  5. ICICI Bank, one of the country’s largest private lenders, has seen an increase of 4.72 percent in its shares. After which the market cap of the company increased by Rs 45,637.64 crore to Rs 10,12,898.08 crore.
  6. Shares of SBI, the country’s largest government lender, saw a rise of about 6 percent and the market share of the company increased by Rs 56,803.76 crore to Rs 10,05,948.20 crore.
  7. Among the shares of the country’s largest FMCG company, Hindustan Unilever saw an increase of about 2 percent and the market cap of the company increased by Rs 10,291.21 crore and the valuation increased to Rs 5,63,807.91 crore.
  8. Bajaj Finance shares saw a rise of 7.76 percent during the trading session and the market cap of the company increased by Rs 43,681.84 crore to Rs 6,06,412.23 crore.
  9. Shares of the country’s largest insurance company LIC saw a rise of 4.87 percent during the trading session and the market cap of the company increased by Rs 24,762.37 crore to Rs 5,33,134.05 crore.
  10. Shares of L&T, one of the country’s largest infra companies, saw a rise of 5 percent and the market cap of the company increased by Rs 27,229.62 crore to Rs 5,66,732.44 crore.

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