Sunday, April 21, 2019

Investors of these six companies benefited Rs 98,502 crore

During the week ended Friday, the wealth of investors in six of the country's top 10 companies increased by Rs 98,502 crore. In fact, the market capitalization (market capitalization) of these companies increased by Rs 98,502.47 crore last week.



The biggest advantage of the market's strength is Tata Consultancy Services (TCS). In addition to TCS, these five companies - Reliance Industries (RIL), HDFC Bank, Hindustan Unilever (HUL), Kotak Mahindra Bank and ICICI Bank - have increased in the market cap.



Last week, the stock market remained open for just three sessions due to two holidays last week, where the Sensex climbed 373.17 points or 0.96 percent to close at 39,140. ITC, HDFC, Infosys and State Bank of India (SBI) saw decline in market capitalization.

Tata Consultancy Services (TCS)'s market capitalization increased by Rs 49,437.67 crore to Rs 8,05,074.14 crore. Reliance Industries (RIL)'s market capitalization rose by Rs 25.957.18 crore to Rs 8,76,585.81 crore.

HDFC Bank's valuation of private bank increased by Rs 6,808.26 crore to Rs 6,23,678.06 crore. ICICI Bank's market capitalization went up by Rs 6,739.51 crore to Rs 2,61,018.37 crore.

Another major private bank, Kotak Mahindra Bank, increased the market capitalization of Rs 5,966.44 crore. After this, it reached Rs 2,62,789.40 crore The market capitalization of FMCG giant Hindustan Unilever increased by Rs 3,593.41 crore to Rs 3,76,106.57 crore.

However, the market capitalization of Infosys fell by Rs 13,740.3 crore to Rs 3,12,990.25 crore. State Bank of India (SBI) drew the market cap of Rs 3,926.83 crore to Rs 2,77,466.17 crore.

Sixth place HDFC and seventh place Infosys. The last three positions are State Bank of India, ICICI Bank and Kotak Mahindra Bank respectively. The markets were closed on Mahavir Jayanti and Friday on Good Friday on Wednesday last weeK. 

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