The past week proved to be a great week for the stock market. The 30-share Sensex of the Bombay Stock Exchange reached a new record high, while the market value of eight of the top 10 valuable companies of the Sensex increased tremendously. It increased by Rs 1.53 lakh crore combined. Meanwhile, investors of telecom company Airtel benefited the most and in just a few days, the wealth of those who invested in the company’s shares increased by more than Rs 47000 crore.
Airtel-Infosys ahead in earning money
The market capitalization (Airtel Market Cap) of the country’s second largest telecom company Bharti Airtel increased to Rs 9,04,587.12 crore during the five trading days of the last week and according to this, investors have earned a whopping Rs 47,194.86 crore in these days. On Friday, the last trading day of the week, Bharti Airtel Share closed at Rs 1,584, up 1.16 percent. The second company that showered money on its investors last week was Infosys. The market cap (Infosys MCap) of IT giant Infosys increased by Rs 33,611.37 crore to Rs 8,06,880.50 crore.
Investors of these companies are having a great time
Tata Group’s company TCS was on the third position in terms of earning. TCS Market Cap increased by Rs 31,784.9 crore and reached Rs 16,46,899.17 crore. ICICI Bank made investors earn Rs 18,734.3 crore in five days and ICICI Bank MCap increased to Rs 8,66,374.41 crore. After this, Mukesh Ambani’s company Reliance Industries was there. Reliance Market Cap increased by Rs 13,396.42 crore and it became Rs 20,43,107.10 crore.
From HDFC to SBI, money rained
Talking about other companies included in the top-10 list of Sensex, the market value of the country’s largest private sector bank HDFC Bank increased by Rs 5,600.24 crore and its market cap reached Rs 12,44,206.43 crore. The market cap of the country’s largest insurance company Life Insurance Corporation of India (LIC) increased by Rs 2,340.25 crore to Rs 6,73,390.88 crore. Apart from this, the market capitalization of State Bank of India (SBI Market Cap) increased by Rs 356.98 crore to Rs 7,27,935.97 crore.
These two companies gave a big blow
Now if we talk about the companies that caused loss to investors last week, then FMCG giant Hindustan Unilever Limited was at the top of this list. During the five trading days, HUL Market Cap saw a big decline and it fell by Rs 8,411.54 crore to Rs 6,52,739.95 crore. Apart from this, investors of ITC Limited lost Rs 4,776.48 crore. Its market capitalization (ITC Market Cap) decreased to Rs 6,27,587.76 crore.
Mukesh Ambani’s company occupies the number-1 position
Even though the market cap of Bharti Airtel and Infosys has increased a lot, Mukesh Ambani’s Reliance Industries continues to dominate the top 10 Sensex companies in terms of market value. It is followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank, LIC, HUL and ITC respectively.
(Note- Before making any investment in the stock market, please consult your market experts.)
Source (PTI) (NDTV) (HINDUSTANTIMES)