In the week ended Friday, the wealth of three of the top 10 companies of the country increased by Rs 90,845 crore. In fact, the market capitalization (market cap) of these companies increased so much in the past week.
The biggest advantage of the market strength is the IT giant Tata Consultancy Services (TCS). Apart from this, only two companies - HDFC and Infosys have seen growth in market cap. However, the growth of these three companies was more than the total decline of the remaining seven companies.
The rest of the seven companies found a decline in the market cap. These include Reliance Industries (RIL), ITC, Hindustan Unilever (HUL), HDFC Bank, State Bank of India (SBI), ICICI Bank and Kotak Mahindra Bank.
TCS 'market cap grew by Rs 19,155.92 crore to Rs 7,69,782.95 crore. HDFC's market capitalization rose by Rs 15,346.61 crore to Rs 3,54,004.99 crore. Infosys's market cap grew by Rs 6,094.66 crore to Rs 3,30,400.44 crore.
On the other hand, the valuation of major FMCG Hindustan Unilever dropped to Rs 3,59,275.99 crore from Rs 10,412.23 crore. ICICI Bank's market cap decreased by Rs 5,376.90 crore to Rs 2,51,729.21 crore.
Reliance Industries's market capitalization dropped by Rs 5,039.26 crore, after which it slipped to Rs 8,58,956.4.24 crore. HDFC Bank's market capitalization went down by Rs 4,016.88 crore to Rs 6,26,837.10 crore.
The State Bank of India's market capitalization dropped to Rs 2,390.15 crore from Rs 3,391.35 crore. ITC's market capitalization slipped Rs 2,513.02 crore to Rs 3,61,200.58 crore. Kotak Mahindra Bank's valuation dropped 82.09 percent to Rs 2,54,783.55 crore.
On the basis of market cap, Reliance Industries is still at the top of the table. Tata Consultancy Services second and HDFC Bank retained their third position. ITC and HUL are present at fourth and fifth positions respectively.
Sixth place HDFC and seventh place Infosys. The last three positions are State Bank of India, Kotak Mahindra Bank and ICICI Bank respectively. Last week, the Sensex closed at 182.32 points, 0.48 percent higher at 38,862.
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The biggest advantage of the market strength is the IT giant Tata Consultancy Services (TCS). Apart from this, only two companies - HDFC and Infosys have seen growth in market cap. However, the growth of these three companies was more than the total decline of the remaining seven companies.
The rest of the seven companies found a decline in the market cap. These include Reliance Industries (RIL), ITC, Hindustan Unilever (HUL), HDFC Bank, State Bank of India (SBI), ICICI Bank and Kotak Mahindra Bank.
TCS 'market cap grew by Rs 19,155.92 crore to Rs 7,69,782.95 crore. HDFC's market capitalization rose by Rs 15,346.61 crore to Rs 3,54,004.99 crore. Infosys's market cap grew by Rs 6,094.66 crore to Rs 3,30,400.44 crore.
On the other hand, the valuation of major FMCG Hindustan Unilever dropped to Rs 3,59,275.99 crore from Rs 10,412.23 crore. ICICI Bank's market cap decreased by Rs 5,376.90 crore to Rs 2,51,729.21 crore.
Reliance Industries's market capitalization dropped by Rs 5,039.26 crore, after which it slipped to Rs 8,58,956.4.24 crore. HDFC Bank's market capitalization went down by Rs 4,016.88 crore to Rs 6,26,837.10 crore.
The State Bank of India's market capitalization dropped to Rs 2,390.15 crore from Rs 3,391.35 crore. ITC's market capitalization slipped Rs 2,513.02 crore to Rs 3,61,200.58 crore. Kotak Mahindra Bank's valuation dropped 82.09 percent to Rs 2,54,783.55 crore.
On the basis of market cap, Reliance Industries is still at the top of the table. Tata Consultancy Services second and HDFC Bank retained their third position. ITC and HUL are present at fourth and fifth positions respectively.
Sixth place HDFC and seventh place Infosys. The last three positions are State Bank of India, Kotak Mahindra Bank and ICICI Bank respectively. Last week, the Sensex closed at 182.32 points, 0.48 percent higher at 38,862.
For more information Top 10 Stock Advisory Company Indore
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