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New Delhi. The past week proved to be great for the stock market. The 30-share Sensex of the Bombay Stock Exchange (BSE) reached a new record high, while the market cap of 9 of the top 10 valuable companies of the Sensex increased tremendously. It increased by Rs 2,01,552.69 crore combined. During this period, investors of Bharti Airtel benefited the most and in just a few days, the wealth of those who invested in the company's shares increased by more than Rs 54 thousand crore.
Last week, the BSE Sensex comprising 30 stocks gained 1,707.01 points or 2.10 percent. On Thursday (September 12), the Sensex reached its all-time high of 83,116.19 points.
Investors of these companies made money last week.
According to news agency PTI, last week the market valuation of Bharti Airtel increased by Rs 54,282.62 crore to Rs 9,30,490.20 crore. The market cap of ICICI Bank increased by Rs 29,662.44 crore to Rs 8,80,867.09 crore. The market status of Tata Consultancy Services (TCS) increased by Rs 23,427.12 crore to Rs 16,36,189.63 crore. The market valuation of Hindustan Unilever increased by Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of HDFC Bank increased by Rs 22,093.99 crore to Rs 12,70,035.77 crore.
The market cap of Infosys rose by Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rose by Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of Reliance Industries rose by Rs 9,878.19 crore to Rs 19,92,160.61 crore. The market cap of SBI rose by Rs 7,095.07 crore to Rs 7,05,535.20 crore.
Last week, LIC investors suffered a loss;
the market cap of Life Insurance Corporation of India (LIC) fell by Rs 3,004.38 crore to Rs 6,54,004.76 crore.
Reliance Industries remained at the top position in the list of the top 10 most valuable companies. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, LIC and ITC .
What is the stock market
? The stock market is a place where shares of publicly listed companies are bought, sold, and traded. A demat account is required to invest in the stock market. In India, SEBI regulates the securities and commodity markets.
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