The market valuation (market cap) of three of the top 10 most valuable companies in the Sensex last week was collectively Rs. 1,06,125.98 crore has increased. HDFC Bank and ICICI Bank were the biggest risers. Last week, the 30-share BSE Sensex gained 217.13 points or 0.28 percent.
Dominance of these companies
Market valuations of HDFC Bank, ICICI Bank and Infosys rose last week, while those of Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, State Bank of India (SBI), Life Insurance Corporation of India (LIC), Hindustan Unilever and ITC Market capitalization has decreased. The market cap of these companies collectively stands at Rs. 1,01,769.1 crore has decreased. In the week under review, the market capitalization of HDFC Bank stood at Rs. 52,091.56 crore increased to Rs. 12,67,056.69 crores.
ICICI Bank during the week Rs. 36,118.99 crore was added, which was valued at Rs. 8,13,914.89 crores. Infosys has a market cap of Rs. 17,915.43 crore increased to Rs. 6,35,945.80 crores.
Contrary to this trend, Reliance Industries has a market valuation of Rs. 32,271.31 crore reduced to Rs. 19,66,686.57 crores. LIC has a market capitalization of Rs. 27,260.74 crores was lost and it was Rs. 6,47,616.51 crores. ITC is valued at Rs. 14,357.43 crore reduced to Rs. 5,23,858.91 crore and Hindustan Unilever is valued at Rs. 8,904.95 crores down to Rs. 5,73,617.46 crores.
TCS has a market cap of Rs. 8,321.6 crores down to Rs. 13,78,111.45 crores. Bharti Airtel is valued at Rs. 7,261.72 crore reduced to Rs. 8,04,262.65 crores. State Bank of India (SBI) has a market capitalization of Rs. 3,391.35 crore reduced to Rs. 7,46,454.54 crores.
Reliance Industries topped the list of top 10 companies. This is followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, LIC, Infosys, Hindustan Unilever and ITC respectively.