Market Valuation of Top Companies: M-cap of 9 out of top 10 Sensex companies increased by ₹ 2 lakh crore, this telecom company benefited the most – nine of the top-10 most valued firms together added Rs 2 lakh crore in market valuation last week Bharti Airtel stealing the show

The market capitalization (m-cap) of 9 out of the top 10 most valuable companies of Sensex increased by Rs 2,01,552.69 crore last week. Bharti Airtel was the biggest gainer. Last week, the 30-share BSE Sensex gained 1,707.01 points or 2.10 percent. During the week, the market cap of Bharti Airtel increased by Rs 54,282.62 crore to Rs 9,30,490.20 crore.

Similarly, the market cap of ICICI Bank rose by Rs 29,662.44 crore to Rs 8,80,867.09 crore, Tata Consultancy Services (TCS) by Rs 23,427.12 crore to Rs 16,36,189.63 crore and Hindustan Unilever by Rs 22,438.6 crore to Rs 6,89,358.33 crore.

And which 5 companies benefited

past week HDFC Bank The market cap of Reliance Industries rose by Rs 22,093.99 crore to Rs 12,70,035.77 crore, Infosys rose by Rs 17,480.49 crore to Rs 8,07,299.55 crore, ITC rose by Rs 15,194.17 crore to Rs 6,42,531.82 crore, Reliance Industries rose by Rs 9,878.19 crore to Rs 19,92,160.61 crore and State Bank of India (SBI) rose by Rs 7,095.07 crore to Rs 7,05,535.20 crore.

LIC had to suffer loss

In contrast to this trend, 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 first position in the list of top 10 most valuable companies of Sensex. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, LIC and ITC respectively.

7 new IPOs will open in the week starting September 16, 13 companies including Bajaj Housing Finance will be listed

In the new week starting, 13 companies are going to be listed in the stock market. On September 16, shares of Gajanand International, Shubhshree Biofuels Energy, Aditya Ultra Steel will be listed on NSE SME and Share Samadhan on BSE SME. In the mainboard segment, Kross, Tolins Tyres and Bajaj Housing Finance will be listed on BSE, NSE. On September 17, Trafiksol ITS Technologies will be listed on BSE SME, SPP Polymers on NSE SME and PN Gadgil Jewellers on BSE, NSE. On September 18, Innomet Advanced Materials will be listed on NSE SME. On September 19, shares of Excellent Wires and Packaging will be listed on NSE SME. On September 20, Sodhani Academy of Fintech Enablers will be listed on BSE SME.

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