Reliance was the biggest gainer last week while TCS was the biggest loser.
Last week, the market valuation of Hindustan Unilever declined by Rs 18,949.45 crore to Rs 6,19,281.77 crore. Similarly, Infosys’ market cap declined by Rs 13,549.34 crore to Rs 5,25,374.14 crore. The market capitalization of State Bank of India (SBI) declined by Rs 7,675.16 crore to Rs 5,16,378.05 crore. The valuation of ITC declined by Rs 5,903.31 crore and stood at Rs 5,44,906.44 crore. Bharti Airtel’s market cap declined by Rs 1,866.66 crore to Rs 4,64,396.71 crore.
Reliance benefits the most
Contrary to this trend, the market cap of Reliance Industries increased by Rs 18,233.31 crore to reach Rs 16,79,156.42 crore. The market capitalization of HDFC Bank surged by Rs 2,459.29 crore to Rs 9,00,181.52 crore and that of HDFC Bank by Rs 1,055.33 crore to reach Rs 4,89,196.37 crore. The market capitalization of ICICI Bank increased by Rs 664.9 crore to reach Rs 6,55,862.83 crore. Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, ITC, Infosys, SBI, HDFC and Bharti Airtel respectively.