SBI and Airtel benefited the most from the stocks market rally

SBI And Airtel:  The Indian stock market witnessed a rally last week. This directly impacted the top companies on the Sensex. Last week, the market cap of seven of the top 10 most valuable companies on the Sensex collectively increased by ₹1,18,328.29 crore. State Bank of India (SBI) and Bharti Airtel saw the biggest gains. This was also the case last week. Amid the market rally, the value of a company with a high valuation increased.

Also Read: PM Modi will address the nation today, with new GST rates coming into effect tomorrow Last week, the BSE Sensex rose 721.53 points, or 0.88%. During this period, the market value of Reliance Industries, HDFC Bank, TCS, Bharti Airtel, SBI, Infosys, and LIC increased, while the value of ICICI Bank, Bajaj Finance, and Hindustan Unilever decreased.

Value Increased by This Much

 >SBI's market value increased by ₹35,953.25 crore to ₹7,95,910 crore.  >Bharti Airtel's value increased by ₹33,214.77 crore to ₹11,18,952.64 crore. >Reliance Industries' value increased by ₹17,389.23 crore to ₹19,04,898.51 crore. >TCS's value increased by ₹12,952.75 crore to ₹11,46,879.47 crore. >LIC's market value increased by ₹12,460.25 crore to ₹5,65,612.92 crore. >Infosys's value increased by ₹6,127.73 crore to ₹6,39,901.03 crore. >HDFC Bank's value increased by ₹230.31 crore to ₹14,84,816.26 crore.

These companies suffered losses:

ICICI Bank's market value declined by ₹10,707.87 crore to ₹10,01,654.46 crore. Bajaj Finance's market value declined by ₹6,346.93 crore to ₹6,17,892.72 crore. Hindustan Unilever's market value declined by ₹5,039.87 crore to ₹6,01,225.16 crore. Reliance Industries topped the list of top 10 companies, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, Hindustan Unilever, and LIC.

Stock market saw a rally last week

The BSE Sensex, the main index, rose 729.62 points to close at 82,626.23. However, the Sensex declined on the last trading day, falling 387.73 points on Friday. Overall, the market remained bullish throughout the week, with seven out of ten companies gaining.