Stock market filled the bag of big companies, 8 companies got profit of Rs 2 lakh crore

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Last week proved to be very beneficial for the stock market. Where Sensex and Nifty saw a rise of more than one and a half percent. There was also an increase in the valuations of the country’s big companies. Talking about the figures, there was an increase of Rs 2,05,185.08 crore in the market cap of the top 8 companies of the country. Bharti Airtel was the biggest gainer followed by Reliance Industries. There was an increase of Rs 55 thousand crore in the valuation of both.

This means that out of 8 companies, the valuation of only two companies increased by Rs 1.10 lakh crore. Whereas the market cap of other companies saw an increase of more than Rs 90 thousand crore. On the contrary, there were two companies whose market cap saw a combined decline of about Rs 40 thousand crores. Let us also tell you what kind of figures have been seen regarding the valuation of top 10 companies in the stock market.

How much has the valuation of top 10 companies increased?

  1. The market capitalization of Bharti Airtel, one of the country’s largest telecom companies, increased by Rs 55,652.54 crore to Rs 11,96,700.84 crore.
  2. The market valuation of the country’s largest company Reliance Industries Limited increased by Rs 54,941.84 crore to Rs 20,55,379.61 crore.
  3. The market capitalization of the country’s largest IT company Tata Consultancy Services increased by Rs 40,757.75 crore to Rs 11,23,416.17 crore.
  4. The market capitalization of the country’s second largest private lender ICICI Bank increased by Rs 20,834.35 crore to Rs 9,80,374.43 crore.
  5. The market valuation of State Bank of India, the country’s largest government lender, increased by Rs 10,522.9 crore to Rs 8,92,923.79 crore.
  6. The market capitalization of Infosys, one of the largest IT companies in the country, increased by Rs 10,448.32 crore to Rs 6,24,198.80 crore.
  7. The market capitalization of HDFC Bank, the country’s largest private lender, increased by Rs 9,149.13 crore to Rs 15,20,524.34 crore.
  8. On the other hand, the market capitalization of the country’s largest FMCG company Hindustan Unilever increased by Rs 2,878.25 crore to Rs 5,70,187.06 crore.
  9. The market capitalization of the country’s largest FMCG company Bajaj Finance declined by Rs 30,147.94 crore to Rs 6,33,573.38 crore.
  10. The market valuation of the country’s largest insurance company Life Insurance Corporation of India declined by Rs 9,266.12 crore to Rs 5,75,100.42 crore.

How was the stock market last week?

Last week, the BSE Sensex rose 1,346.5 points or 1.62 per cent and the NSE Nifty rose 417.75 points or 1.64 per cent. After recent weakness, markets bounced back strongly during the week and finally closed firmly in the green. Reliance Industries remained the most valued company, followed by HDFC Bank, Bharti Airtel, Tata Consultancy Services, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Life Insurance Corporation of India and Hindustan Unilever.

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