Last week, the country's two biggest banks made a splash in the stock market. The shine of the country's leading companies faded in front of these two. These two banks are none other than HDFC Bank and SBI. Whose market cap saw the highest increase. Out of the top companies of the country, the market cap of 5 companies saw an increase of Rs 60,675.94 crore. Out of which, more than 50 percent, i.e., about Rs 35 thousand crore, has been contributed by these two banks. By the way, the market cap of the country's largest company, Reliance Industries, has also seen an increase.
On the other hand, there were 5 companies whose market cap saw a decline of Rs 39,609.83 crore. In which the names of LIC, Bajaj Finance, and TCS can be taken as prominent. The special thing is that the stock market was open only for 4 days last week. The Sensex rose by 739.87 points or 0.92 percent, and the Nifty rose by 268 points or 1.10 percent. Let us also tell you what kind of figures have been seen in the market cap of the top 10 companies of the country.
Increase in the market cap of these companies.
The valuation of the country's largest public sector bank, State Bank of India, increased by Rs 20,445.82 crore to Rs 7,63,095.16 crore, which is the highest among the top 10 companies.
The market cap of the country's largest private lender, HDFC Bank, increased by Rs 14,083.51 crore to Rs 15,28,387.09 crore.
Decline in the market cap of these companies
On the other hand, the market cap of the country's largest insurance company, LIC, decreased by Rs 15,306.5 crore to Rs 5,61,881.17 crore.
The market cap of Bajaj Finance, one of the country's largest NBFC companies, decreased by Rs 9,601.08 crore to Rs 5,35,547.44 crore.
The market cap of the country's second-largest private lender, ICICI Bank, fell by Rs 6,513.34 crore to Rs 10,18,982.35 crore.
The market cap of the country's largest IT company TCS, fell by Rs 4,558.79 crore to Rs 10,93,349.87 crore.
On the other hand, the market cap of the country's largest FMCG company Hindustan Unilever fell by Rs 3,630.12 crore to Rs 5,83,391.76 crore.
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