Top 10 Sensex Companies: ₹2 Lakh Crore Boost in M-cap, Telecom Firm Leads Gains!

Baishakhi Mondal

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Top 10 Sensex Companies: ₹2 Lakh Crore Boost in M-cap, Telecom Firm Leads Gains!

Overview of Market Movements

Last week was a bullish period for the stock market, with the BSE Sensex rising by 1,707.01 points, or 2.10%. This increase in the index accompanied a significant surge in the market capitalization (m-cap) of 9 out of the top 10 most valuable companies in the Sensex, totaling an impressive increase of Rs 2,01,552.69 crore.

Top Gainers in Market Capitalization

Among these companies, Bharti Airtel stood out as the largest gainer, with its market capitalization soaring by Rs 54,282.62 crore, bringing its total to Rs 9,30,490.20 crore. Other significant contributors to the market’s upward trend included:

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Company Market Cap Increase (Rs crore) Total Market Cap (Rs crore)
Bharti Airtel 54,282.62 9,30,490.20
ICICI Bank 29,662.44 8,80,867.09
Tata Consultancy Services (TCS) 23,427.12 16,36,189.63
Hindustan Unilever 22,438.60 6,89,358.33
Reliance Industries 22,093.99 12,70,035.77
Infosys 17,480.49 8,07,299.55
ITC 15,194.17 6,42,531.82
State Bank of India (SBI) 7,095.07 7,05,535.20

Companies Facing Declines

While many companies experienced growth, not all shared in the positive sentiment. The Life Insurance Corporation of India (LIC) saw a decline in its market cap, decreasing by Rs 3,004.38 crore, bringing its total to Rs 6,54,004.76 crore. This drop stands in stark contrast to the overall upward trend of the market.

Current Rankings of Top Valuable Companies

As of now, the ranking of the top 10 most valuable companies in the Sensex is as follows:

  1. Reliance Industries
  2. Tata Consultancy Services (TCS)
  3. HDFC Bank
  4. Bharti Airtel
  5. ICICI Bank
  6. Infosys
  7. State Bank of India (SBI)
  8. Hindustan Unilever
  9. Life Insurance Corporation of India (LIC)
  10. ITC

Upcoming IPOs and Market Activity

Looking ahead, the week starting September 16 will feature a series of new IPOs, with 13 companies set to enter the market. The firms to watch include:

  • Gajanand International
  • Shubhshree Biofuels Energy
  • Aditya Ultra Steel
  • Kross
  • Tolins Tyres
  • Bajaj Housing Finance
  • Trafiksol ITS Technologies
  • SPP Polymers
  • PN Gadgil Jewellers
  • Innomet Advanced Materials
  • Excellent Wires and Packaging
  • Sodhani Academy of Fintech Enablers

This bustling week ahead could bring further changes to the market dynamics.

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