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- Mcap Of 6 Of Top 10 Firms Soars Over Rs 1.11 Lakh Cr; TCS, Infosys Lead Gainers
New Delhi3 hours ago
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Companies are getting the benefit of the rise in domestic stock markets in the form of increase in market cap. Due to the rally in the markets last week, the market cap of 6 of the top-10 companies of Bombay Stock Exchange (BSE) registered an increase of Rs 1,11,220.5 crore. In this, Tata Consultancy Services (TCS) saw the biggest increase in the market cap.
TCS market cap crosses 12.50 lakh crore
Last week, the market cap of TCS increased by Rs 30,961.06 crore. With this the company’s market cap has reached Rs 12,50,538.30 crore. Among the top-10 companies of BSE, TCS has seen the biggest increase in market cap. After this, the market cap of Infosys has increased by Rs 29,807.59 crore. Now the market cap of Infosys is Rs 6,70,915.93 crore.
HDFC Bank’s market cap increased by Rs 19 thousand crore
The market cap of HDFC, the largest private sector bank, increased by Rs 19,838.88 crore last week. With this the market cap of the bank has gone up to Rs 8,36,426.69 crore. The market cap of State Bank of India has increased by Rs 14,234.76 crore to Rs 3,82,642.72 crore. The market capitalization of ICICI Bank has increased by Rs 12,775.99 crore. Now the market cap of the bank has reached Rs 4,49,166.77 crore. HDFC’s market cap has increased by Rs 3,602.22 crore to 4,52,778.40.
Reliance Industries has suffered the most
According to BSE data, Reliance Industries has been the biggest loser in terms of market cap last week. The market cap of Reliance Industries has come down by Rs 76,548.77 crore to Rs 13,34,009.02 crore. The market cap of Hindustan Unilever Limited (HUL) has declined by Rs 7,424.7 crore to Rs 5,75,449.55 crore. The market cap of Kotak Mahindra Bank has reached Rs 3,43,934.41 crore with a cut of Rs 5,084.82 crore. The market cap of Bajaj Finance has come down by Rs 763.55 crore to Rs 3,66,662.44 crore.
Reliance still on top
Reliance Industries Limited still remains at the top in terms of market cap. It is followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank. Last week, the 30-share sensitive index BSE Sensex closed with a gain of 580.59 points or 1.10%.