Market capitalization: The market cap of six of the top 10 most valuable companies of the Sensex collectively jumped by Rs 1,97,734.77 crore last week. ICICI Bank and HDFC Bank made the biggest gains. Last week, the 30-share BSE Sensex gained 1,653.37 points or 1.99 percent. On Friday, the Sensex rose 1,359.51 points or 1.63 percent to reach an all-time high of 84,544.31 points. During the day's trading, it jumped 1,509.66 points or 1.81 percent to reach an all-time high of 84,694.46.
Market Valuation of ICICI Bank
Last week, the market valuation of ICICI Bank increased by Rs 63,359.79 crore to Rs 9,44,226.88 crore. ICICI Bank was the biggest gainer. The market capitalization of HDFC Bank increased by Rs 58,569.52 crore to Rs 13,28,605.29 crore. The market position of Bharti Airtel increased by Rs 44,319.91 crore to Rs 9,74,810.11 crore.
Reliance Industries' valuation rose by Rs 19,384.07 crore to Rs 20,11,544.68 crore. Hindustan Unilever's valuation rose by Rs 10,725.88 crore to Rs 7,00,084.21 crore and ITC's valuation jumped by Rs 1,375.6 crore to Rs 6,43,907.42 crore.
Infosys Valuation
In contrast, the market cap of Tata Consultancy Services (TCS) fell by Rs 85,730.59 crore to Rs 15,50,459.04 crore. Infosys' valuation fell by Rs 15,861.16 crore to Rs 7,91,438.39 crore.
The market capitalization of the Life Insurance Corporation of India (LIC) declined by Rs 14,832.12 crore to Rs 6,39,172.64 crore and that of the State Bank of India (SBI) fell by Rs 7,719.79 crore to Rs 6,97,815.41 crore.
Reliance Industries remained at the top position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, Hindustan Unilever, State Bank of India, ITC and LIC respectively.
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