InvestorQ : How did the major Nifty companies perform in the last week ended 29 May?
Dawn Cherian made post

How did the major Nifty companies perform in the last week ended 29 May?

Answer
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diksha shah answered.
3 months ago


In the previous week ended on 29 May 2020, seven out of the top ten companies on the Nifty added Rs.176,000 crore in market capitalization. The rally between Wednesday and Friday was solely responsible for the rally. HDFC Bank was the top value booster pushing up its market cap by Rs.61,600 crore. ICICI Bank also saw its market cap rising by Rs.26,500 crore even as HDFC rallied its market value by Rs.24,700 crore during the week. Reliance, HUL, ITC and Kotak Bank were the other stocks that added to their market heft. Bharti fell post the promoter stake sale and TCS ended lower on the back of lower tech spending. Short covering in banks appeared to continued for the time being.