LIC TCS Market Cap 2024: In terms of market capitalization, the value of 7 of the top-10 companies of the country has increased by Rs 1,40,863.66 crore (Rs 1.40 lakh crore) last week. Tata Consultancy Services i.e. TCS got the highest increase in this.
During the week’s trading, the market cap of the tech company increased by Rs 67,477.33 crore. Now the valuation of the company has increased to Rs 15.98 lakh crore. Earlier, the market cap of the company was Rs 15.31 lakh crore.
Apart from TCS, Infosys, Bharti Airtel, ICICI Bank, ITC Ltd, Reliance Industries Ltd and Hindustan Unilever also gained during the week.
LIC, HDFC and SBI lose value by Rs 71,497 crore
At the same time, the market capitalization of Life Insurance Corporation of India (LIC), HDFC Bank and State Bank of India (SBI) has collectively declined by Rs 71,493.9 crore during this period.
The market capitalization of LIC has fallen by Rs 47,943.48 crore to Rs 6.69 lakh crore. At the same time, the market valuation of HDFC Bank and SBI has declined by Rs 13,064 crore and Rs 10,486.42 crore during this period.
The market gained 731 points this week
On the last trading day of the week i.e. Friday (August 16), the Sensex closed at 80,436 with a gain of 1,330 points or 1.68%. Nifty also gained about 400 points (1.65%) and closed at 24,541.
The market opened with a gain of more than 800 points in the morning, although later it fell by 200 points. Then the market came up again. Buying was seen in IT, auto, media, realty and oil and gas stocks. During the week’s trading, the Sensex gained a total of 731 (1.57%) points.
