The impact of the stock market boom! The capitalization of seven from the top -10 businesses increased by Rs 1.18 Lakh Crore

Mumbai, September 21 (IANS). A joint market assessment of seven out of the ten most valuable businesses in the country increased by R18,328.29 crore by R18,328,29 last week, with the State Bank of India and Bharti Airtel the most. During this period, the Nifty rose 0.85 percent to 25,327.05 and the Sensex 0.88 percent to close at 82,626,23. In the trade session of September 15-19, the State Bank of India’s market assessment with Rs 35.953.25 crore to Rs 7.95.910 crore increased, while Bharti Airtel evaluation with Rs 33.214.77 crore rose to Rs 11.18.952.64 Crore. The Tata Consultancy Services (TCS) added Rs 12.952.75 crore to the evaluation, which made the market to Rs 11.46.879.47 crore. The market cap of Life Insurance Corporation of India (LIC) also increased by Rs 12,460.25 crore to Rs 5.65.612.92 crore, while the market cap of infosys with Rs 6.127.73 crore to Rs 6.39.901.03 Crore increased. The HDFC Bank market cap has increased moderately with Rs 230.31 crore to Rs 14,84,816,26 crore. On the other hand, the market cap of ICICI Bank with Rs 10,707,87 crore dropped to Rs 10,01,654,46 crore. The market cap of Bajaj finance fell by Rs 6,346.93 crore to Rs 6,17,892,72 crore and the market cap of Hindustan Unilever dropped to Rs 5,039,87 to Rs 6.01,225,16 Crore. At the end of the week, HDFC Bank was one of the most valuable businesses, followed by TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and Lic. The coming week for the Indian stock market will be very important. GST 2.0, H-1B Visa, India-US trading transaction and FII will affect the data market movements. The new framework of the goods and savings tax (GST) will be implemented from 22 September. Below, the number of existing tax sheets will be reduced from four – 5 percent, 12 percent, 18 percent and 28 percent to two – 5 percent and 18 percent. In addition, the government has lowered taxes on many things, which will also start the benefit of ordinary people of this day. -Ians abs/