Which company benefits how much?
The market capitalization of Reliance Industries rose by Rs 24,470.25 crore to Rs 13,38,763.60 crore during the week. Reliance Industries was the biggest gainer. The market valuation of ICICI Bank stood at Rs 4,57,268.94 crore, up by Rs 14,966.52 crore. The market position of HDFC Bank increased by Rs 10,998.18 crore to Rs 8,41,000.85 crore and that of HDFC to Rs 4,58,109.66 crore with an increase of Rs 7,259.12 crore.
Similarly, the market valuation of Kotak Mahindra Bank rose by Rs 6,027.27 crore to Rs 3,47,027.74 crore and that of State Bank of India rose by Rs 5,890.25 crore to Rs 3,83,936.79 crore.
Contrary to this trend, the market capitalization of Hindustan Unilever declined by Rs 8,223.56 crore to Rs 5,67,331.72 crore. The market valuation of TCS declined by Rs 4,845.75 crore to Rs 11,81,717.45 crore. The market capitalization of Infosys declined by Rs 3,642.4 crore to Rs 6,62,287.84 crore and that of Bajaj Finance declined by Rs 570.4 crore to Rs 3,69,810.18 crore.
RIL benefits the most
Reliance Industries remained in the first place in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICICI Bank, State Bank of India, Bajaj Finance and Kotak Mahindra Bank respectively. Last week, the 30-share BSE Sensex was up 753.87 points or 1.43 per cent.
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