highlights
Apart from Reliance, the market cap of State Bank and LIC has increased.
The market cap of TCS and Infosys has declined.
Reliance remains the company with the highest market cap.
New Delhi. The market capitalization of seven of the 10 most valued companies combined rose by Rs 67,259.99 crore last week amid a rally in the stock markets. Reliance Industries was the biggest gainer in this. Last week, BSE Sensex had strengthened by 819.41 points or 1.12 percent. Due to Holi and Good Friday, trading took place only for three days last week. The market valuation of Reliance Industries increased by Rs 45,262.59 crore to reach Rs 20,14,010.63 crore.
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The market capitalization of State Bank of India increased by Rs 5,533.26 crore to Rs 6,71,666.29 crore. The market capitalization of Life Insurance Corporation of India (LIC) increased by Rs 5,218.12 crore to Rs 5,78,484.29 crore and the valuation of ICICI Bank increased by Rs 4,132.67 crore to Rs 7,69,542.65 crore. The market capitalization (mcap) of HDFC Bank increased by Rs 4,029.69 crore to Rs 11,00,184.60 crore and that of Hindustan Unilever increased by Rs 2,819.51 crore to Rs 5,32,946.04 crore. ITC's mcap increased by Rs 264.15 crore to Rs 5,35,032.74 crore.
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they suffered losses
However, the market capitalization of Tata Consultancy Services (TCS) declined by Rs 10,691.45 crore to Rs 14,05,102.38 crore and that of Infosys declined by Rs 4,163.13 crore to Rs 6,22,117.38 crore. Bharti Airtel's valuation declined by Rs 3,817.18 crore to Rs 6,95,038.48 crore.
Reliance most valuable company
Reliance Industries topped the list of most valuable companies. After this, TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, ITC and Hindustan Unilever were ranked respectively.
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Tags: Market cap, Sensex, Stock market
FIRST PUBLISHED : March 31, 2024, 12:33 IST