Stock Update: Markets Hit Highs, Except Tech! Find Out Why Inside!
Market Surge
Bull Run Continues
This week, eight out of the top 10 most valuable companies in the Sensex witnessed a significant jump in market capitalization. Overall, these companies saw their market cap increase by ₹1,10,106.83 crore, bringing substantial profits into the pockets of investors.
Winners Lead
Major companies like Reliance Industries, ICICI Bank, LIC, SBI, Bharti Airtel, ITC, and HUL led this surge. Notably, Reliance provided the highest returns to its investors, making it the standout performer of the week.
Tech Giants Struggle
Even in this upbeat atmosphere, tech giants like TCS and Infosys faced some setbacks. Together, these companies saw their market cap decrease by ₹38,477.49 crore, resulting in losses for their investors.
This week introduced a new wave in the stock market, where most big companies reached new heights of profit, while some tech giants encountered challenges. This trend signals new opportunities for investors as well as some cautionary tales.
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