New Delhi: Last week, the market capitalization (market cap) of eight of the 10 most valuable companies in the country has increased. The combined market cap of these companies increased by Rs 1,39,566.52 crore last week. Reliance Industries, TCS and Infosys were the biggest beneficiaries in this. On a weekly basis, the BSE Sensex gained 882.40 points, or 1.74 percent, during the past week.
During the week ended on Friday, only two companies, Hindustan Unilever and Bajaj Finance, saw a drop in market capitalization. Among the profitable companies, the market valuation of Reliance Industries jumped 59,590.77 points to reach Rs 13,28,049.94 crore.
Tata Consultancy Services ‘mCap grew by Rs 23,562.96 crore to Rs 11,63,018.74 crore, while Infosys’ market capitalization rose by Rs 21,395.27 crore to Rs 5,98,604.10 crore. The market capitalization of the public sector State Bank of India (SBI) increased by Rs 18,697.06 crore to Rs 3,76,663.23 crore. At the same time, Kotak Mahindra Bank’s MCAP increased by Rs 8,435.06 crore to Rs 3,56,849.67 crore.
