New Delhi: Last week, the stock market witnessed a great boom. The US Fed Reserve's decision to cut interest rates had a positive impact on the Indian stock market. According to news agency PTI, out of the top-10 firms in terms of market valuation, 6 companies have collectively added Rs 1,97,734.77 crore to their market cap.
If we talk about which company's shares have seen the highest increase in the last trading week, then the names of HDFC Bank and ICICI Bank will be included in this list .
Let us tell you that on the last trading day of the week, the Sensex closed at 84,544.31 points, up 1,359.51 points. This is the all-time high of BSE so far.
How much did the market cap of which company increase
ICICI Bank's market valuation rose by Rs 63,359.79 crore to Rs 9,44,226.88 crore.
HDFC Bank added Rs 58,569.52 crore to its m-cap last week. After this, the market valuation of the bank reached Rs 13,28,605.29 crore.
Bharti Airtel's market capitalisation increased by Rs 44,319.91 crore to Rs 9,74,810.11 crore.
The market cap of Reliance Industries increased by Rs 19,384.07 crore to Rs 20,11,544.68 crore.
Hindustan Unilever's market valuation increased by Rs 10,725.88 crore to Rs 7,00,084.21 crore.
ITC's market capitalisation increased by Rs 1,375.6 crore to Rs 6,43,907.42 crore.
There has been a decline in the market cap of this company
The market cap of Tata Consultancy Services (TCS) declined by Rs 85,730.59 crore to Rs 15,50,459.04 crore last week.
The market valuation of Infosys also declined by Rs 15,861.16 crore to Rs 7,91,438.39 crore.
The market capitalisation of Life Insurance Corporation of India ( LIC ) declined by Rs 14,832.12 crore to Rs 6,39,172.64 crore last week.
The market cap of State Bank of India declined by Rs 7,719.79 crore to Rs 6,97,815.41 crore.
Ranking of top 10 firms
Reliance Industries is still on top in terms of market capitalization. It is followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever, State Bank of India, ITC and LIC.
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