InvestorQ : How did the market cap of the top Nifty companies grow in the previous week ended 03-Sep?
Dawn Cherian made post

How did the market cap of the top Nifty companies grow in the previous week ended 03-Sep?

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Mitali Bhutta answered.
3 months ago
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There are no prizes for guessing since most of the top companies have done extremely well. In fact, in the previous week, 9 out of the 10 most valuable companies on the Nifty-50, added Rs.293,804 crore in market capitalization overall. While Reliance was the biggest gainer of the pack, the sold stock to lose value during the week was Infosys. This was largely on concerns over the delay in fixing bugs in the Tax Filing portal.

During the previous week, Reliance Industries saw market value accretion of Rs.102,382 crore and even crossed the Rs.15 trillion market cap level. Other gainers included TCS which added Rs.44,833 crore, Bharti Airtel which put on Rs.35,342 crore, Bajaj Finance adding Rs.33,907 crore HUL heavier by Rs.20,712, ICICI Bank Rs.17,374, SBI Rs.17,001 crore and HDFC Bank adding Rs.14,955 crore. Infosys market cap depleted by Rs.3,457 crore last week.

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