NSENine out of India's top 10 companies by market capitalisation, added ₹1.85 lakh crore to their market value last week, led by Reliance Industries and HDFC Bank.The week gone by saw the S&P BSE Sensex surge close to 2%, hitting an all-time high of 75,636.5.
The Nifty 50 also crossed the 23,000 mark last week and ended with gains of over 2%.Among the top 10 most valued firms in India, only ITC was the underperformer.Reliance Industries added over ₹61,000 crore to its market capitalisation, which crossed the ₹20 lakh crore mark again.
HDFC Bank, the highest weighted stock on the Nifty 50, added nearly ₹40,000 crore to its market capitalisation, taking it to ₹11.5 lakh crore.India's largest insurance company, Life Insurance Corporation of India (LIC) also added over ₹35,000 crore to its market capitalisation, taking it to ₹6.5 lakh crore.Bharti Airtel added over ₹22,000 crore to its market cap, while shares of Hindustan Unilever (HUL) added nearly ₹10,000 crore.
Bharti Airtel is closing in on the ₹8 lakh crore market capitalisation mark.Among the other leading stocks, Infosys' market capitalisation went up by ₹8,821 crore, while India's largest lender, State Bank of India , added nearly ₹7,000 crore to its market value.Lastly, ICICI Bank and TCS also added ₹903 crore and ₹271 crore to their market capitalisation last week.
Only ITC, saw a reduction of ₹437 crore in its market capitalisation.In the ranking of the top-10 companies, Reliance Industries retained the tile of the most-valued firm, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC, Infosys, Hindustan Unilever, and ITC.
NSE
Nine out of India's top 10 companies by market capitalisation, added ₹1.85 lakh crore to their market value last week, led by Reliance Industries and HDFC Bank.The week gone by saw the S&P BSE Sensex surge close to 2%, hitting an all-time high of 75,636.5. The Nifty 50 also crossed the 23,000 mark last week and ended with gains of over 2%.Among the top 10 most valued firms in India, only ITC was the underperformer.Reliance Industries added over ₹61,000 crore to its market capitalisation, which crossed the ₹20 lakh crore mark again. HDFC Bank, the highest weighted stock on the Nifty 50, added nearly ₹40,000 crore to its market capitalisation, taking it to ₹11.5 lakh crore.India's largest insurance company, Life Insurance Corporation of India (LIC) also added over ₹35,000 crore to its market capitalisation, taking it to ₹6.5 lakh crore.Bharti Airtel added over ₹22,000 crore to its market cap, while shares of Hindustan Unilever (HUL) added nearly ₹10,000 crore. Bharti Airtel is closing in on the ₹8 lakh crore market capitalisation mark.Among the other leading stocks, Infosys' market capitalisation went up by ₹8,821 crore, while India's largest lender, State Bank of India , added nearly ₹7,000 crore to its market value.Lastly, ICICI Bank and TCS also added ₹903 crore and ₹271 crore to their market capitalisation last week. Only ITC, saw a reduction of ₹437 crore in its market capitalisation.In the ranking of the top-10 companies, Reliance Industries retained the tile of the most-valued firm, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, LIC, Infosys, Hindustan Unilever, and ITC.
