Sensex Market Cap: Amidst the ongoing volatility in the stock market, 9 out of the top 10 companies of the Sensex have seen a good increase in the market capitalization. During this period, the market cap of the Sensex has seen an increase of Rs 1,11,012.63 crore. During this period, Tata Consultancy Services (TCS) and HDFC Bank have been the biggest beneficiary. Apart from this, there has been a decline in the market cap of Reliance Industries during this period.
TCS-HDFC Bank made bumper profits
During the week under review, TCS market cap has jumped by Rs 24,635.68 crore to reach Rs 13,82,280.01 crore. Apart from this, the market cap of HDFC Bank has also increased by Rs 22,554.33 crore to Rs 8,20,164.27 crore.
HUL and Infosys
During this period, the market valuation of Hindustan Unilever (HUL) increased by Rs 14,391.25 crore to Rs 5,54,444.80 crore and that of Infosys rose by Rs 10,934.61 crore to Rs 7,94,714.60 crore.
These companies also benefited
Similarly, HDFC’s market capitalization increased by Rs 9,641.77 crore to Rs 4,68,480.66 crore and that of Wipro to Rs 3,92,021.38 crore with a profit of Rs 9,164.13 crore. The market position of ICICI Bank rose by Rs 8,902.89 crore to Rs 5,13,973.22 crore during the week.
SBI also increased market cap
The market valuation of Bajaj Finance stood at Rs 4,21,121.74 crore, up by Rs 7,575.11 crore. The valuation of State Bank of India (SBI) also increased by Rs 3,212.86 crore to Rs 4,10,933.74 crore.
Reliance’s market cap fell
Apart from this, during the week’s trading, the market cap of Reliance Industries declined by Rs 2,772.49 crore to Rs 16,01,382.07 crore.
Reliance is on top
Reliance Industries retained the first position in the list of top 10 companies during the week. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, Bajaj Finance, SBI and Wipro respectively. Last week, the 30-share BSE Sensex was up 1,129.51 points or 1.97 per cent.