Sunil Mittal's Airtel has seen the biggest increase in its market cap.
In the four trading days of last week, Sunil Bharti Mittal's company Airtel showed its power and defeated Tata, Ambani and Adani. Due to the increase in Airtel's shares, an increase of more than Rs 38 thousand crore was seen in the market cap in four trading days.
Whereas the market cap of Tata Group's TCS saw an increase of more than Rs 1100 crore. On the other hand, there was a huge decline in the market cap of Infosys and Reliance. There has been a decline of more than Rs 31 thousand crore in the market cap of both the companies.
However, in the four trading days of last week, the market cap of seven of the top 10 most valuable companies of the country has collectively seen an increase of Rs 71,301.34 crore. Bharti Airtel was the biggest gainer during the week of low trading sessions. Whereas there has been a decline in the market of three companies. There has been a joint decline of Rs 37,434.62 crore in the market cap of all three companies.
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Last week, in the midst of making records, BSE's main index Sensex saw a rise of 374.04 points. The stock markets were closed on Friday on the occasion of Mahashivratri. The Sensex closed at a new record level of 74,119.39 points on Thursday. On the same day, Nifty of National Stock Exchange also closed at its life time high of 22,493.55 points.
Who benefited and who suffered loss in the top 10 companies of the country?
- The market valuation of Bharti Airtel, one of the country's largest telecom companies, increased by Rs 38,726.67 crore to reach Rs 6,77,448.44 crore.
- The market cap of SBI, the country's largest government lender, increased by Rs 13,476.16 crore and reached Rs 7,03,393.29 crore.
- The market value of the country's largest private lender HDFC Bank increased by Rs 12,243.35 crore to Rs 10,98,707.88 crore.
- The valuation of ICICI Bank increased by Rs 3,099.76 crore to reach Rs 7,63,581.30 crore.
- The market cap of ITC, one of the largest FMCG companies in the country, increased by Rs 1,469.81 crore to Rs 5,15,921.57 crore.
- The valuation of TCS, the country's largest IT company, increased by Rs 1,157.79 crore to Rs 14,87,070.15 crore.
- The valuation of the country's largest FMCG company Hindustan Unilever increased by Rs 1,127.8 crore to Rs 5,68,753.81 crore.
- On the other hand, the market cap of Infosys, which is among the biggest IT companies of the country, declined by Rs 15,875.81 crore to Rs 6,71,121.34 crore.
- The market value of the country's largest company Reliance Industries declined by Rs 15,391.94 crore to Rs 20,01,358.50 crore.
- The valuation of LIC, the country's largest insurance company, declined by Rs 6,166.87 crore and stood at Rs 6,48,596.89 crore.
Source: www.tv9hindi.com
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