The market cap of these 4 companies of India is more than Pakistan’s GDP

The condition of Pakistan’s neighboring country of Pakistan has been bad for decades. Pakistan, pressed under the debt of foreign banks, is struggling with its falling economy and poverty today. However, despite this, instead of improving his situation, he is engaged in carrying out terrorist conspiracies in India. Well, let us tell you about 4 companies of India, whose market cap is more than the total GDP of Pakistan in today’s time.

Market cap increased even after the market declines

Despite a slight decline in the stock market last week, four of the top-10 largest companies in the country gave relief to investors by increasing their market cap. While the BSE Sensex closed down 0.33 per cent, or 270 points. At the same time, LIC, SBI, Bharti Airtel and HDFC Bank together made a profit of more than 1.01 lakh crores.

LIC became the largest gainer

Government insurance company LIC was the biggest winner of this week. The company’s market cap increased by 59,233 crores to 6.03 lakh crore. This bounce was possible due to the rise in LIC shares.

SBI, Bharti Airtel and HDFC Bank also showed strength

The market cap of SBI, the country’s largest bank, increased by 19,589 crores to 7.25 lakh crores. At the same time, Bharti Airtel made a profit of 14,084 crore and HDFC Bank registered a profit of 8,462 crores. Indian Airtel’s market cap is currently Rs 11.13 lakh crore. While the market cap of HDFC reached 14.89 lakh crores.

6 companies including Reliance, TCS declined

On the other hand, big companies like Reliance Industries, TCS, ICICI Bank, Infosys, Bajaj Finance and Hul suffered losses. The TCS market cap fell by 17,909 crores to 12.53 lakh crore, while Reliance reached 19.22 lakh crore with a loss of 7,645 crores.

No change in the list of top-10 companies

There has been no change in the list of top-10 companies based on market cap. Reliance is still in number one, followed by HDFC Bank, TCS, Bharti Airtel and ICICI Bank.

What is a message for investors?

Experts believe that companies like LIC and SBI reveal that investors are still relying on government companies and banking sectors. However, there is still uncertainty in Tech and FMCG sector.

Also read: Out of the top-10 companies, 4 of the value of 4 lakh crore rupees, LIC benefits the most