Sensex: These five companies increases their market capitalization in last trading week
Sensex: These five companies increases their market capitalization in last trading week
Share:

Between the lockdown and Corona's havoc, the market capitalization (M-Cap) of five of BSE Sensex's top 10 companies saw an increase of Rs 1,63,795.48 crore last week. Reliance Industries (RIL) benefited the most in terms of market cap. RIL's M-Cap increased by Rs 1,21,904.63 crore to Rs 8,98,499.89 crore in the week ended on Friday. This marked a significant increase in the company's M-Cap after IT giant Facebook announced an investment of $ 5.7 billion (about Rs 43,574 crore) in RIL's subsidiary 'Jio Platforms'. Facebook has announced to buy about 10 percent stake in Jio Platforms through this investment.

Income tax officers suggest 40% tax on super-rich

Apart from RIL, the market valuation of Tata Consultancy Services (TCS), HDFC Bank, Infosys and Kotak Mahindra Bank has also increased in the past week. However, during this period, the market capitalization of Hindustan Unilever Limited (HUL), HDFC, Bharti Airtel, ITC and ICICI Bank declined.

Paytm offers to buy gold at one rupee on Akshaya Tritiya

HDFC Bank's market valuation increased by Rs 14,941.95 crore to Rs 5,14,140.35 crore and Infosys market capitalization increased by Rs 12,351.08 crore to Rs 2,80,369.48 crore in the week under review. In the same period, Kotak Mahindra Bank's market cap rose by Rs 10,282.58 crore to Rs 2,37,255.01 crore and TCS's market capitalization increased by Rs 4,315.24 crore to Rs 6,82,296.11 crore.

Central Minister Anurag Thakur says india is going to become manufacturing hub after Corona crisis

Join NewsTrack Whatsapp group
Related News