New Delhi: Good news has come from the Indian stock market amidst the ongoing tariff war in the world. Investors have benefited big last week. The market capitalization of Sensex's top 10 companies increased by Rs 3,84,004.73 crore last week. HDFC Bank and Bharti Airtel benefited the most amidst the rise in the stock market in the week with low business sessions due to holidays.
Last week, the 30 -share Sensex rose by 3,395.94 points or 4.51 percent. At the same time of National Stock Exchange Nifty 1,023.1 points or 4.48 percent were benefited.
Ajit Mishra, Senior Vice-President of Railways Broking Limited, said Ajit Mishra said that the weeks with low trading sessions saw a strong improvement in the markets and it climbed more than 4.5 percent. Mishra said that the recent discounts on the Teriff by Trump and recently on select products were bouncing in the market.
HDFC Bank's market assessment increased by Rs 76,483.95 crore to Rs 14,58,934.32 crore in the week under review. HDFC Bank only benefited. Bharti Airtel's market status increased by Rs 75,210.77 crore to Rs 10,77,241.74 crore.
Reliance Industries market capitalization increased by Rs 74,766.36 crore to Rs 17,24,768.59 crore and ICICI Bank's evaluation increased by Rs 67,597 crore to Rs 10,01,948.86 crore.
State Bank of India (SBI) evaluated Rs 38,420.49 crore to Rs 7,11,381.46 crore. The market status of Tata Consultancy Services (TCS) rose by Rs 24,114.55 crore to Rs 11,93,588.98 crore. The evaluation of Bajaj Finance was Rs 14,712.85 crore to Rs 5,68,061.13 crore.
ITC's market position increased by Rs 6,820.2 crore to Rs 5,34,665.77 crore. Evaluation of Infosys increased by Rs 3,987.14 crore to Rs 5,89,846.48 crore. The evaluation of Hindustan Unilever increased by Rs 1,891.42 crore to Rs 5,57,945.69 crore.
Click here to read other business news news
Reliance Industries stood first in the list of top 10 companies. Thereafter, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC were ranked respectively.
(With agency input)