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new Delhi3 hours ago
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In terms of market cap, Reliance Industries still continues to top the BSE.
- Reliance’s market cap reduced by Rs. 69 thousand crore to Rs. 12.84 lakh crore. Happened
- Market cap of big companies like TCS, HUL and Infosys also reduced
The market capitalization (market cap) of five of the top 10 companies of the BSE has decreased by Rs 1,07,160 lakh crore during the volatility in the stock markets last week. During this time, the market cap of Reliance Industries has suffered the most. Last week, blue chip companies such as Tata Consultancy Services (TCS), Hindustan Unilever Limited (HUL), Infosys Limited and ICICI Bank suffered the most in terms of market cap.
Reliance’s market cap is Rs 69 thousand crore. Minus
The market cap of Reliance Industries Limited (RIL) decreased by Rs 69,378.51 crore last week. Now RIL has a market cap of Rs 12,84,246.18 crore. TCS ‘market cap has been reduced by Rs 4,165.14 crore to Rs 9,97,984.24 crore. The market cap of HUL has come down by Rs 16,211.94 crore to Rs 4,98,011.94 crore. The market valuation of Infosys declined by Rs 12,948.61 crore to Rs 4,69,834.44 crore. ICICI Bank’s market cap has come down by Rs 4,455.8 to Rs 3,31,315.58 crore.
HDFC Group companies benefit
In the past week, HDFC Group companies have benefited in terms of market cap. HDFC Bank’s market cap has increased by Rs 18,827.94 crore to Rs 7,72,853.69 crore. The valuation of HDFC has increased by Rs 3,938.48 crore to Rs 4,19,699.86 crore. Kotak Mahindra Bank’s market cap has increased by Rs 23,445.93 crore to Rs 3,73,947.2 crore. The market cap of Bajaj Finance has increased by Rs 20,747.08 crore to Rs 2,84,285.64 crore. Bharti Airtel’s market cap has increased by Rs 1,145.67 crore to Rs 2,63,776.2 crore.
Reliance remains on top
In terms of market cap, Reliance Industries still continues to top the BSE. It is followed by TCS, HDFC Bank, HUL, Infosys, HDFC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finance and Bharti Airtel Limited.
BSE up by 4200 points in November so far
The Bombay Stock Exchange, ie BSE, continues to grow in November. The BSE closed at 39,614 on 30 October. It closed at 43,882 points on Friday 20 November. Thus far in November, the BSE has recorded an increase of over 4200 points. During this period, the market cap of listed companies in BSE has also increased by Rs 13.81 lakh crore to 171.71 lakh crore. However, the Sensex closed at 44,180 and the Nifty at 12,938 on November 18, the highest level of both indices.