The market capitalization (market cap) of 8 of the top 10 most valuable companies of Sensex increased by a total of Rs 2,05,185.08 crore last week. Bharti Airtel and Reliance Industries were the biggest gainers.
Last week, the Sensex rose 1,346.5 points or 1.62 percent and the National Stock Exchange’s Nifty rose 417.75 points or 1.64 percent. Bharti Airtel’s market cap increased by Rs 55,652.54 crore to Rs 11,96,700.84 crore during the week.
Market cap of Reliance Industries increased by Rs 54,941.84 crore to Rs 20,55,379.61 crore, TCS increased by Rs 40,757.75 crore to Rs 11,23,416.17 crore, ICICI Bank increased by Rs 20,834.35 crore to Rs 9,80,374.43 crore, SBI increased by Rs 10,522.9 crore. It became Rs 8,92,923.79 crore.
The market cap of Infosys increased by Rs 10,448.32 crore to Rs 6,24,198.80 crore, that of HDFC Bank increased by Rs 9,149.13 crore to Rs 15,20,524.34 crore and that of Hindustan Unilever increased by Rs 2,878.25 crore to Rs 5,70,187.06 crore.
Contrary to this trend, the market cap of Bajaj Finance declined by Rs 30,147.94 crore to Rs 6,33,573.38 crore. The market cap of Life Insurance Corporation of India declined by Rs 9,266.12 crore to Rs 5,75,100.42 crore.