The total market capitalization of 7 of the top-10 most valuable companies of Sensex increased by Rs 1,23,724.19 crore last week. Reliance Industries saw the biggest jump in its valuation. Last week, BSE Sensex rose 720.56 points or 0.84 percent. Among the top-10 companies, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Larsen & Toubro and Hindustan Unilever benefited. On the other hand, the valuations of Tata Consultancy Services (TCS), Infosys and Bajaj Finance declined.
The market valuation of Reliance Industries increased by Rs 45,266.12 crore to Rs 21,54,978.60 crore. Similarly, the market cap of State Bank of India increased by Rs 30,414.89 crore to Rs 9,22,461.77 crore, Larsen & Toubro’s increased by Rs 16,204.34 crore to Rs 5,72,640.56 crore, Hindustan Unilever increased by Rs 14,626.21 crore to Rs 5,51,637.04 crore, HDFC Bank’s Market cap of ICICI Bank increased by Rs 13,538.43 crore to Rs 15,40,303.87 crore, ICICI Bank’s market cap increased by Rs 3,103.99 crore to Rs 9,68,773.14 crore and Bharti Airtel’s market cap increased by Rs 570.21 crore to Rs 12,01,262.53 crore.
How much loss do the remaining 3 companies suffer?
On the other end TCS Its market valuation declined by Rs 10,745.72 crore to Rs 11,75,914.62 crore. The market cap of Infosys declined by Rs 6,183.25 crore to Rs 6,81,635.59 crore and that of Bajaj Finance declined by Rs 5,693.58 crore to Rs 6,16,430.43 crore. Reliance Industries remained the most valuable company. After that comes HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and Hindustan Unilever.
Only one company is going to be listed in the new starting week. This company is Modern Diagnostic. The company’s ₹36.89 crore IPO opened on December 31 and closed on January 2. It was subscribed 376.90 times. The allotment is going to be finalized on January 5, after which the listing of shares can happen on BSE SME on January 7.
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