Suspense Crime Sach Ka Dam
The market capitalization of six of the top 10 most valuable companies of the Sensex collectively increased by Rs 1,07,366.05 crore last week. State Bank of India (SBI) and ICICI Bank gained the most. ‘Muhurat trading’ was held on BSE and NSE on November 1 to mark the beginning of Nav Samvat 2081. Last week, the BSE Sensex of 30 stocks gained 321.83 points or 0.40 percent. During the week, the market capitalization of Reliance Industries, ICICI Bank, State Bank of India, ITC, Hindustan Unilever, and Life Insurance Corporation of India (LIC) increased. At the same time, the valuation of Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel and Infosys declined. Due to this, investors investing in the stocks of these 4 companies have suffered losses.
There was a big jump in the market cap of SBI.
During the week under review, the valuation of the State Bank of India rose by Rs 36,100.09 crore to Rs 7,32,755.93 crore. The market capitalization of ICICI Bank rose by Rs 25,775.58 crore to Rs 9,10,686.85 crore. The market cap of LIC rose by Rs 16,887.74 crore to Rs 5,88,509.41 crore and that of Reliance Industries jumped by Rs 15,393.45 crore to Rs 18,12,120.05 crore. ITC added Rs 10,671.63 crore during the week and its market capitalisation reached Rs 6,13,662.96 crore. The valuation of Hindustan Unilever rose by Rs 2,537.56 crore to Rs 5,96,408.50 crore.
These companies incurred losses.
In contrast, the market cap of Infosys fell by Rs 38,054.43 crore to Rs 7,31,442.18 crore. Bharti Airtel’s valuation fell by Rs 27,299.54 crore to Rs 9,20,299.35 crore. TCS’ valuation fell by Rs 26,231.13 crore to Rs 14,41,952.60 crore. HDFC Bank’s market capitalization fell by Rs 3,662.78 crore to Rs 13,26,076.65 crore.
Reliance remains on top.
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, State Bank of India, Infosys, ITC, Hindustan Unilever, and LIC respectively.
