LIC shines in the stock market, earns Rs 60,657 crore in 5 days

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The success of the country’s largest insurance company LIC was seen throughout the week. In the last 5 trading days, an increase of more than Rs 60,600 crore was seen in the market cap of LIC. After that, the market cap of HDFC Bank, the country’s largest private lender, saw an increase of more than Rs 39,500 crore. According to stock market data, an increase in the market cap of 9 of the top companies of the country has been seen in the last 5 days. In which the market cap of Mukesh Ambani’s Reliance Industries has seen an increase of more than Rs 35,800 crore.

In fact, there has been a combined increase of about Rs 2.30 lakh crore in the market cap of these 9 companies. Infosys was the only company whose market cap saw a decline. However, in the last five trading days, BSE’s main index Sensex has risen by 685.68 points or 0.86 percent and NSE Nifty has risen by 223.85 points or 0.93 percent. Let us also tell you which company has seen the maximum increase in its market cap.

How much has the market cap of which company increased?

  1. The valuation of the country’s largest insurance company Life Insurance Corporation of India (LIC) increased by Rs 60,656.72 crore to Rs 6,23,202.02 crore.
  2. The country’s largest private lender HDFC Bank added Rs 39,513.97 crore, taking its market cap to Rs 13,73,932.11 crore.
  3. The market valuation of the country’s largest company Reliance Industries has increased by Rs 35,860.79 crore to Rs 17,48,991.54 crore.
  4. The market cap of Bharti Airtel, the country’s largest listed telecom company, increased by Rs 32,657.06 crore to Rs 9,26,725.90 crore.
  5. The market valuation of State Bank of India, the country’s largest government lender, has increased by Rs 20,482 crore to Rs 7,48,775.62 crore.
  6. At the same time, the valuation of the country’s second largest private lender ICICI Bank increased by Rs 15,858.02 crore to Rs 9,17,724.24 crore.
  7. The valuation of the country’s largest MFCG company Hindustan Unilever has increased by Rs 11,947.67 crore to Rs 5,86,516.72 crore.
  8. The valuation of the country’s largest IT company Tata Consultancy Services (TCS) increased by Rs 10,058.28 crore to Rs 15,46,207.79 crore.
  9. The mcap of ITC, one of the country’s largest FMGC companies, increased by Rs 2,555.35 crore to Rs 5,96,828.28 crore.
  10. The market cap of Infosys, one of the country’s largest IT companies, declined by Rs 18,477.5 crore to Rs 7,71,674.33 crore.

stock market boom

There has been a rise in the stock market in the last week i.e. last 5 trading days. According to the data, Bombay Stock Exchange’s main index Sensex closed at 79,802.79 points with a gain of 685.68 points. On Friday, Sensex saw a rise of 759.05 points. On the other hand, the main index of National Stock Exchange Nifty closed at 24,131.10 points with a rise of 223.85 points or 0.93 percent. Whereas on Friday, Nifty saw a rise of 216.95 points.

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