The ‘Super Six’ companies of the market created a stir! Investors’ wealth increased by ₹63,000 crore, L&T and SBI won

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Neither Reliance nor TCS were among the companies that created a stir in the stock market last week. The special thing is that this time also the name of SBI has been seen in the top 2. However, L&T, one of the largest infra companies in the country, has been one of the highest earning companies in the stock market last week. If we look at the BSE data, the market capitalization (market cap) of six out of the top 10 Sensex companies collectively increased by Rs 63,478.46 crore last week.

The biggest beneficiaries were Larsen & Toubro and State Bank of India (SBI). Larsen & Toubro, SBI, HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance and Reliance Industries gained in the week under review. On the other hand, there has been a decline of Rs 38,752.29 crore in the market cap of the top 4 companies of the country. In which the valuation of Bharti Airtel, ICICI Bank, Infosys and Tata Consultancy Services (TCS) declined. Let us also tell you what kind of figures were seen in the stock market.

Market cap status of country’s top companies

  1. During the week, the market valuation of the country’s largest infra company Larsen & Toubro increased by Rs 28,523.31 crore to reach Rs 6,02,552.24 crore.
  2. The market capitalization of the country’s largest government lender Bharatiya Estate Bank i.e. SBI increased by Rs 16,015.12 crore to Rs 11,22,581.56 crore.
  3. The market capitalization of the country’s largest private lender HDFC Bank has increased by Rs 9,617.56 crore to Rs 14,03,239.48 crore.
  4. The valuation of the country’s largest insurance company Life Insurance Corporation i.e. LIC increased by Rs 5,977.12 crore to Rs 5,52,203.92 crore.
  5. The market value of Bajaj Finance, the country’s largest non-banking finance company, increased by Rs 3,142.36 crore to Rs 6,40,387 crore.
  6. The valuation of the country’s largest company Reliance Industries increased by Rs 202.99 crore to Rs 19,21,678.78 crore.
  7. In contrast to this trend, the valuation of Bharti Airtel, one of the largest telecom companies in the country, declined by Rs 15,338.66 crore to Rs 11,27,705.37 crore.
  8. On the other hand, the market capitalization of the country’s second largest private lender ICICI Bank declined by Rs 14,632.10 crore to Rs 9,97,346.67 crore.
  9. The market capitalization of Infosys, one of the largest IT companies in the country, has declined by Rs 6,791.58 crore to Rs 5,48,496.14 crore.
  10. The valuation of Tata Consultancy Services, the largest company of Tata Group, declined by Rs 1,989.95 crore to Rs 9,72,053.48 crore.

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