The Indian stock market has fallen considerably due to the Corona crisis. At the same time, the market capitalization of six of the top 10 companies of BSE Sensex in terms of M-Cap increased by a total of Rs 53,702.27 crore last week. Private sector ICICI Bank and veteran IT company TCS benefited the most in terms of increase in market capitalization in the business week ended on Friday. Last week, Mukesh Ambani-led RIL, FMCG company HUL, telecom company Bharti Airtel and ITC registered an increase in market capitalization. However, HDFC Bank, HDFC, Infosys and Kotak Mahindra Bank suffered losses on the M-cap front during this period.
In the week ended on Friday, ICICI Bank's market capitalization rose by Rs 21,561.16 crore to Rs 2,43,350.46 crore. M-Cap of Tata Consultancy Services (TCS) rose to Rs 6,77,980.87 crore with an increase of Rs 15,347.25 crore during the same period.
If you do not know, let us tell you that in the same period, RIL's market valuation rose by Rs 3,711.77 crore to Rs 7,76,595.26 crore. At the same time, the market position of ITC increased by Rs 3,380.36 crore to Rs 2,31,216.87 crore. The market capitalization of Hindustan Unilever Limited (HUL) increased to Rs 5,16,196.27 crore with an increase of Rs 2,500.39 crore.
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