The stock market has seen a good increase for the last few weeks. Meanwhile, last week, the market capitalization of 6 companies out of the top 10 companies listed on the BSE has increased by Rs 1.18 lakh crore. Mukesh Ambani -led Reliance Industries Limited and TCS investors have the biggest benefit. Investors’ wealth increased by millions in a week.
Last week, the market cap of six companies in the top 10 most valuable companies increased by Rs 1,18,626.24 crore. Tata Consultancy Services benefited the most. Last week, the BSE Sensex rose 659.33 points or 0.83 percent. The NSE Nifty rose 187.7 points or 0.78 percent.
During this period, the evaluation of Reliance Industries Limited, HDFC Bank, Tata Consultancy Services, State Bank of India, Infosys and ITC increased. On the other hand, the evaluation of Bharti Airtel, ICICI Bank, Bajaj Finance and Hindustan Unilever declined. Market evaluation of TCS increased by Rs 53,692.42 crore to Rs 12,47,281.40 crore. Reliance Industries will pay Rs. 34,507.55 crore, and evaluated Rs. 17,59,276.14 crore.
Infosys’ market value increased by Rs 24,919.58 crore to Rs 6,14,766.06 crore and HDFC Bank’s market value increased by Rs 2,907.85 crore to Rs 14,61,842.17 crore.
On the other hand, Bharti Airtel evaluated ₹ 41,967.5 crore to ₹ 10,35,274.24 crore and Hindustan Unilever fell ₹ 10,114.99 crore to ₹ 5,47,830.70 crore. During this period, market capitalization of Bajaj Finance and ICICI Bank also declined.
Reliance Industries retains the title of the most valuable company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and ITC.
Market analysts say that the Indian stock markets could have a caution in the week beginning April 28. According to technical indicators, the Nifty is likely to decrease further, while investors may maintain interest in some local sectors. It would be challenging for investors to maintain a balance between global economic uncertainty and local economic indices. (Note: The information provided here is provided only for the purpose of information, it is important to mention here that the investment in the market is subject to the risks of the market. So always consult an expert before investing.)
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