New Delhi: The market capitalization (market cap) of four companies in the top 10 of the Sensex declined by Rs 1,05,848.14 crore last week. Information technology sector companies Tata Consultancy Services (TCS) and Infosys were the biggest losers. While market valuations of Reliance Industries, TCS, Infosys and Bajaj Finance declined in the week under review, HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC and Bharti Airtel collectively gained Rs 51,628.12 crore. .
The market capitalization of TCS declined the most by Rs 40,640.76 crore to Rs 13,49,037.36 crore in the week under review. The market valuation of Infosys declined by Rs 36,703.8 crore to Rs 7,63,565.13 crore. The market position of Reliance Industries declined by Rs 25,503.68 crore to Rs 17,70,205.42 crore and that of Bajaj Finance by Rs 2,999.9 crore to Rs 4,45,810.84 crore. Contrary to this trend, Hindustan Unilever’s market capitalization rose by Rs 24,048.06 crore to Rs 5,12,857.03 crore and that of ICICI Bank rose by Rs 12,403.56 crore to Rs 5,24,180.57 crore.
read also
State Bank of India’s market valuation rose by Rs 7,050.44 crore to Rs 4,60,599.20 crore. HDFC Bank’s market position increased by Rs 4,880.07 crore to Rs 8,40,204.91 crore. Similarly, the market capitalization of Bharti Airtel jumped by Rs 1,949.67 crore to Rs 4,18,574.86 crore and that of HDFC rose by Rs 1,296.32 crore to Rs 4,45,659.60 crore.
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, Bajaj Finance, HDFC and Bharti Airtel respectively. Last week, the 30-share Sensex of BSE lost 170.49 points or 0.28 per cent and the Nifty of National Stock Exchange lost 113.90 points or 0.64 per cent. (agency)
