Among the 10 most valuable companies of the Bombay Stock Exchange, the market capitalization of six has increased by Rs 1,03,625.35 crore last week. Reliance Industries (RIL) alone benefited about half of this increase. The market capitalization of RIL, TCS, HDFC Bank, Hindustan Unilever Limited, Infosys, and HDFC has increased in the trading hours of the week on Friday. Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank suffered losses on the M-cap front. The BSE Sensex gained 572.91 points or 1.59% in the previous week.
Last week, the market capitalization of Reliance Industries Limited (RIL) increased by Rs 57,688.58 crore to Rs 11,90,857.13 crore. Similarly, HDFC Bank’s market cap has increased to Rs 6,06,867.94 crore with an increase of Rs 17,102.22 crore. The market position of Hindustan Unilever Limited (HUL) has increased by Rs 12,088.43 crore to reach Rs 5,22,481.19 crore.
It is to be noted that the market capitalization of Tata Consultancy Services (TCS) increased by Rs 8,499.15 crore to Rs 8,33,648.55 crore in the week under review. Similarly, the market capitalization of the giant IT company Infosys reached Rs 3,32,980.71 crore with an increase of Rs 8,177.58 crore. HDFC’s market cap has increased by Rs 69.39 crore to Rs 3,27,189.91 crore. In terms of the stock market, this increase can further strengthen the market in the coming months.
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