New Delhi: During the week ended on Friday, the wealth of investors of four of the top 10 companies increased by about Rs 1,14,744.44 crore. Tata Consultancy Services (TCS) and Infosys benefited the most from the market boom.
Investors from six of the top 10 companies – Reliance Industries, HDFC, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and State Bank of India – declined. Their wealth was reduced by Rs 99,183.31 crore. Hindustan Unilever and Bharti Airtel were among the top gainers.
The market cap of the country’s largest IT company TCS increased by Rs 57,816.18 crore to Rs 12,28,898.85 crore. The market capitalization of the second largest IT company Infosys increased by Rs 23,625.36 crore to Rs 6,13,854.71 crore.
Hindustan Unilever, the market cap of FMCG sector, rose by Rs 17,974.19 crore to Rs 5,81,741.24 crore. The market cap of telecom company Bharti Airtel increased by Rs 15,328.71 crore to Rs 2,99,507.71 crore.
On the other hand, HDFC Bank’s market cap declined by Rs 35,750.35 crore to Rs 7,83,723.87 crore. The valuation of top petrochem company Reliance Industries declined by Rs 24,755.52 crore to Rs 12,56,889.45 crore.
ICICI Bank’s market capitalization fell by Rs 18,996.52 crore to Rs 3,91,778.85 crore. Likewise, the market capitalization of State Bank of India increased by Rs 15,618.07 crore to Rs 3,15,083.41 crore.
The market capitalization of home loan company HDFC declined by Rs 3,012.59 crore to Rs 4,53,557.23 crore. The valuation of Kotak Mahindra Bank declined by Rs 1,050.26 crore to Rs 3,56,523.48 crore.
Reliance Industries was the largest company in the country by market cap. Tata Consultancy Services finished second and HDFC Bank third. Infosys and Hindustan Unilever were ranked fourth and fifth respectively.
HDFC got the sixth place and ICICI Bank got the seventh place. Kotak Mahindra Bank, State Bank of India and Bharti Airtel were respectively in the last three positions. Last week, the BSE Sensex fell 438.51 points, or 0.87 per cent, to close at 49,591.32.
