Last week, five of the biggest companies in India gained a total of Rs 1,13,117.17 crore in their market value. Bharti Airtel stood out with the biggest rise. The companies that gained are Tata Consultancy Services (TCS), HDFC Bank, Bharti Airtel, ICICI Bank, and Infosys. On the other hand, Reliance Industries, State Bank of India, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever saw their market values drop.
During this time, the BSE index went up by 623.07 points (0.76%) and the Nifty index increased by 90.5 points (0.36%). Bharti Airtel’s market value jumped by Rs 47,836.6 crore, reaching Rs 9,57,842.40 crore. Infosys gained Rs 31,826.97 crore, making its value Rs 8,30,387.10 crore. HDFC Bank’s value rose by Rs 11,887.78 crore to Rs 14,31,158.06 crore, and ICICI Bank increased by Rs 11,760.8 crore to Rs 9,49,306.37 crore. TCS’s market cap climbed by Rs 9,805.02 crore, reaching Rs 16,18,587.63 crore.
However, Reliance Industries lost Rs 52,031.98 crore, bringing its value down to Rs 17,23,144.70 crore. LIC’s value dropped by Rs 32,067.73 crore to Rs 5,89,869.29 crore, and Hindustan Unilever fell by Rs 22,250.63 crore to Rs 5,61,423.08 crore. State Bank of India’s value dropped by Rs 2,052.66 crore to Rs 7,69,034.51 crore, while ITC fell by Rs 1,376.19 crore to Rs 5,88,195.82 crore. Despite the losses, Reliance Industries remains the most valuable company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, ITC, and Hindustan Unilever.
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