America A total increase of Rs 2.15 lakh crore was recorded in the market cap of 9 out of the top 10 Sensex companies last week. Last week, the 30-share Sensex of BSE had closed with a gain of 1,274.95 points or 1.68 percent. During this period, there was a rise in the market cap of Bharti Airtel, Life Insurance Corporation of India (LIC), Bajaj Finance, Reliance Industries, Larsen & Toubro (L&T), State Bank of India (SBI), HDFC Bank, Hindustan Unilever and ICICI Bank. Whereas, a decline was recorded in the market cap of Tata Consultancy Services (TCS).
Bharti Airtel’s market cap increased by ₹52,433 crore.
Last week, telecom company Bharti Airtel benefited the most. Bharti Airtel’s market cap increased by Rs 52,432.67 crore to reach Rs 11,62,963.30 crore. The market cap of Life Insurance Corporation of India increased by Rs 51,675.23 crore to Rs 5,56,726.30 crore. Similarly, the market value of Bajaj Finance also increased by Rs 26,553.71 crore to Rs 5,98,501.25 crore. Whereas, the valuation of Reliance Industries increased by Rs 22,464.02 crore to Rs 17,71,882.96 crore.
Slight increase in market cap of ICICI Bank
The market cap of Larsen & Toubro (L&T) increased by Rs 21,929.12 crore to Rs 5,79,126.95 crore. The market valuation of State Bank of India increased by Rs 16,753.57 crore to Rs 9,55,415.07 crore. The market cap of HDFC Bank increased by Rs 11,948.72 crore to Rs 12,01,263.14 crore. Hindustan Unilever’s valuation increased by Rs 6,661.10 crore to Rs 5,15,946.75 crore and ICICI Bank’s market cap increased by Rs 4,724.22 crore to Rs 9,66,021.99 crore.
TCS suffered a loss of ₹12,699 crore
On the other hand, the market cap of Tata Consultancy Services declined by Rs 12,699.49 crore to Rs 7,69,350.13 crore. Reliance Industries remained at the first position in the list of top 10 companies of Sensex. This was followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India and Hindustan Unilever respectively.
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