#hdfctwins

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Amid Bullish Trend, HDFC Twins Emerge as Biggest Winners in India's Top 10 Valued Companies

Follow Us on Google NewsLast week, India's equity markets experienced an overall bullish trend, with the BSE Sensex increasing by 841.45 points or 1.42 per cent. Among the top 10 most valuable companies, eight saw gains in their market valuation. The biggest winners were the HDFC twins, with HDFC Bank's value increasing by Rs 31,553.45 crore to Rs 9,29,752.54 crore and HDFC's market value jumping from Rs 18,877.55 to Rs 5,00,878.67. Let's take a closer look at the market capitalisation of each of these companies.Reliance IndustriesReliance Industries continues to be the most valued firm, with its market capitalisation rallying Rs 6,731.76 crore to Rs 15,83,824.42 crore.Tata Consultancy ServicesTata Consultancy Services (TCS) saw its market capitalisation climb by Rs 5,817.89 crore to Rs 11,78,836.58 crore.HDFC BankAs mentioned earlier, HDFC Bank's value increased by Rs 31,553.45 crore to Rs 9,29,752.54 crore.Hindustan UnileverHindustan Unilever added Rs 1,139.56 crore to take its market valuation to Rs 6,02,341.22 crore.HDFCThe market value of HDFC jumped from Rs 18,877.55 to Rs 5,00,878.67.ITCITC's market capitalisation went up by Rs 4,722.65 crore to Rs 4,81,274.99 crore.State Bank of IndiaThe market capitalisation of State Bank of India gained Rs 3,792.96 crore to Rs 4,71,174.89 crore.Bharti AirtelBharti Airtel increased its value by Rs 9,533.48 crore, bringing it to Rs 4,27,111.07 crore.InfosysThe market capitalisation of Infosys declined by Rs 2,323.2 crore to Rs 5,89,966.72 crore.ICICI BankThe market capitalisation of ICICI Bank fell by Rs 1,780.62 crore to Rs 6,10,751.98 crore.It is interesting to note that despite the bullish trend, Infosys and ICICI Bank saw a decline in their market capitalisation.

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Stock Market Highlights on Closing Wednesday

Paring morning gains on Wednesday, the Sensex and Nifty turned volatile in the afternoon trade on Wednesday. The indices finally ended in the negative zone on closing as investors booked profits ahead of the expiry of futures & options contracts. The BSE Sensex lost 100.50 points to end at 38,132.88 with YES Bank being the biggest gainer, while NTPC the top drag on the index. Reliance, HDFC twins, TCS, and Infosys contributed the most to the Sensex loss. The Nifty50 index of the NSE settled below 11,450 level at 11,445, down 38.20 points with HPCL and NTPC drove the loss. On the sectoral stocks, the Nifty Pharma stocks shed the most followed by auto & realty stocks. The Pharma index bled 1.04% to 9,148.80, with the entire constituents ending in the red, while Nifty PSU Bank index gained 1.59% to settle at 3,229.40.   Get Nifty Future Tips , Commodity tips, Stock future tips by Best Stock Advisory Service in India. Read Article The Power of Risk/Reward and Hedging Read the full article