Share Market Top 10 Companies Growth: After GST cut, the stock market saw a boom. The market value of 7 of the top-10 companies increased by more than 2 lakh crores. The top-10 companies have Reliance Industries No-1.
Top 10 Indian Companies Market Cap: The response of the stock market was positive this week. After a change in the government’s GST slab, there was a new hope among investors and in the market value of 7 of the top-10 companies increased to a total of Rs 2.06 lakh crore. Bajaj Finance showed the highest lead, which increased the market value of Rs 37,961 crore. After this, Reliance Industries (RIL) made investors happy with Rs 23,344 crore. Apart from this, tremendous purchases were also seen in shares of HDFC Bank, State Bank of India and LIC. It is an indication that investors’ confidence in the finance and banking sector is constantly strengthening. Know here which are the top-10 companies of the country in terms of market cap …
Which companies dropped the market cap?
However, not every stock saw a boom. The shares of TCS, Infosys and Hindustan Unilever were sold, causing their total market cap reduced Rs 29,731 crore. The biggest decline occurred in TCS, whose market cap decreased by Rs 13,007 crore.
India’s top 10 companies and their market cap
| Rank | Company | Market cap |
|---|---|---|
| 1 | Reliance Industries | ₹ 18.60 Lakhs Crore |
| 2 | Hdfc bank | ₹ 14.78 lakh crore |
| 3 | Tcs | ₹ 11.03 lakh crore |
| 4 | Airtel | ₹ 10.81 Lakh |
| 5 | Icici bank | ₹ 10.02 lakh crore |
| 6 | SBI | ₹ 7.45 lakh crore |
| 7 | Hul | ₹ 6.19 lakh crore |
| 8 | Infosys | ₹ 6.00 Lakhs Crore |
| 9 | Bajaj finance | ₹ 5.83 lakh crore |
| 10 | Lic | ₹ 5.55 lakh crore |
Stock market performance on the last day of the week
On Friday, September 5, the stock market made investors experience both enthusiasm and stress. The Sensex was up-to-down by 750 points throughout the day and finally closed at 80,711 with a slight fall. At the same time, the Nifty had a slight increase and it closed at 24,741.
Disclaimer: This article is only for information. Do not take the information given in it as investment advice. Investment in the stock market is subject to risk. Be sure to consult your financial advisor before investment.