Market cap of 4 out of top-10 companies crosses lakh crores, the highest value of LIC increased

M-Cap of Top 4 Indian Firms: Despite the sluggish trend last week, the market capitalization of four of the Sensex’s top 19 most valuable companies has increased by Rs 1,01,369.5 in total. Life Insurance Corporation of India (LIC) benefited the most of these. LIC’s market cap has increased by Rs 59,233 crore to Rs 6.03 lakh crore in the last one week, that too was then a decline in the BSE benchmark index. Last week, a 30 -share BSE Sensex had a decline of 270.07 points or 0.33 percent.

These companies also earned profits

Along with LIC, there has been a boom in the market valuation of State Bank of India (SBI) and HDFC Bank. SBI’s market cap has increased 19,589.54 crores to 7,25,036.13 crore. Whereas HDFC Bank’s market capitalization has increased by 8,462.15 crores to 14,89,185.62 crore. During this period, the market capitalization of Bharti Airtel has increased by 14,084.2 crore to 10,58,766.92 crore.

They suffered losses

In contrast, the market cap of TCS and Reliance Industries has declined. The valuation of Tata Consultancy Services has been reduced to 12,53,486.42 crore with a decline of Rs 17,909.53 crore. While the market capitalization of Reliance Industries has come down by 7,645.85 crores to Rs 19,22,693.71 crore.

Apart from these, Bajaj Finance (4,061.05 crore declines to Rs 5,70,146.49 crore), ICICI Bank (2,605.81 crore down to Rs 10,31,262.20 crore), Hindustan Unilever Limited (1,973.66 crore reduced to Rs 5,52,001.22 crore) and Rs 5,52,001.22 crore (656.456.456.456.456.456.456.456.456.456.456.456.456.456.456.456.456.456. 6,49,220.46 crore) has also been damaged.

Reliance’s position remains intact

It is also necessary to mention here that despite a decline of Rs 7,645.85 crore, Reliance Industries retained the most valuable company’s position. After this, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, LIC, Bajaj Finance and Hindustan Unilever were ranked.

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