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SBI investors are in for a treat, earning ₹27,000 crore in four days
news18 | May 6, 2024 10:23 AM CST

New Delhi. The country's largest bank SBI has made huge profits for its investors. In just 4 business days of the last week, the wealth of investors who invested in the company's shares has increased by more than Rs 27,000 crore. On the other hand, if we talk about the market cap of the top-10 companies included in the 30-share index Sensex of the stock market, the value of 6 companies included in it has declined by a total of Rs 68,417.14 crore.

Last week had fewer trading sessions. On Wednesday (May 1), the market was closed on 'Maharashtra Day'. Last week, the BSE Sensex of 30 stocks rose 147.99 points or 0.20 percent. During the week, the market valuation of Bharti Airtel, LIC, Infosys, ITC, and Hindustan Unilever declined. Whereas the valuation of Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and SBI increased.
The decline in market cap of these companies:
Bharti Airtel's market cap fell by Rs 27,635.65 crore to Rs 7,23,770.70 crore during the reporting week. LIC's market cap fell by Rs 5,724.13 crore to Rs 6,19,217.27 crore. Infosys' market valuation fell by Rs 5,686.69 crore to Rs 5,87,949.62 crore. ITC's valuation fell by Rs 4,619.35 crore to Rs 5,44,645.97 crore. Hindustan Unilever's market cap fell by Rs 1,409.76 crore to Rs 5,20,551.94 crore.
Increase in market cap of these companies:
In contrast to this trend, SBI's market cap increased by Rs 26,907.71 crore to Rs 7,42,126.11 crore. ICICI Bank added Rs 24,651.55 crore during the week, taking its market valuation to Rs 8,02,401.77 crore. TCS' market cap increased by Rs 9,587.93 crore to Rs 13,89,110.43 crore. HDFC Bank's market position increased by Rs 6,761.25 crore to Rs 11,53,704.84 crore.
Reliance Industries remained at the top position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, LIC, Infosys, ITC and Hindustan Unilever respectively
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