Market cap of top companies
The Indian stock market witnessed a rise last week. The end of the first week of the year has been pleasant for the Sensex. The main index of the market closed at 85,762.01 with a rise of 0.89 percent. With this, last week, the total market capitalization of the top-10 most valued seven companies increased by Rs 1,23,724.19 crore, which coincided with a positive trend in equities, with Reliance Industries attracting everyone's attention with the biggest increase in its valuation.
Among the top-10 companies, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Larsen & Toubro and Hindustan Unilever were among the gainers last week. While 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. State Bank of India added Rs 30,414.89 crore, taking its valuation to Rs 9,22,461.77 crore. Larsen & Toubro's valuation increased by Rs 16,204.34 crore to Rs 5,72,640.56 crore and Hindustan Unilever's valuation increased by Rs 14,626.21 crore to Rs 5,51,637.04 crore. The market capitalization of HDFC Bank increased by Rs 13,538.43 crore to Rs 15,40,303.87 crore and the value of ICICI Bank increased by Rs 3,103.99 crore to Rs 9,68,773.14 crore. Bharti Airtel's market cap increased by Rs 570.21 crore to Rs 12,01,262.53 crore.
The market valuation of TCS declined by Rs 10,745.72 crore to Rs 11,75,914.62 crore. Infosys' market cap declined by Rs 6,183.25 crore to Rs 6,81,635.59 crore and Bajaj Finance's market cap declined by Rs 5,693.58 crore to Rs 6,16,430.43 crore. Reliance Industries remained the most valuable company, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and Hindustan Unilever.
