The market cap of 7 of the top 10 Sensex companies fell by Rs 1,07,566.64 crore collectively last week. Of this, Reliance Industries (RIL) alone suffered losses. The 30-share BSE Sensex lost 849.74 points or 1.70 per cent during the week. Among the top 10 companies, only Tata Consultancy Services (TCS), Hindustan Unilever (HUL) and HDFC (HDFC) increased their market cap.
RIL suffers the most damage
The market cap of Reliance Industries decreased by Rs 55,565.21 crore to Rs 12,64,243.20 crore in the week under review. Bajaj Finance (Bajaj Finance) ‘s MAP declined by Rs 16,197.55 crore to Rs 3,12,327.04 crore and State Bank of India (SBI) lost Rs 12,494.45 crore to Rs 3,18,697.88 crore.
Kotak Mahindra Bank’s market capitalization declined by Rs 11,681.66 crore to Rs 3,51,272.18 crore and ICICI Bank (ICICI Bank) fell by Rs 5,467.63 crore to Rs 4,00,093.61 crore.
The country’s second-largest IT company also got a shock
Infosys, the country’s second-largest IT company, saw its market position fall by Rs 3,751.92 crore to Rs 5,69,352.11 crore. The market capitalization of HDFC Bank (HDFC Bank) came down to Rs 8,22,616.51 crore from a loss of Rs 2,408.22 crore.
TCS benefited the most
In contrast to this trend, the market valuation of TCS (Tata Consultancy Services) rose by Rs 1,812.54 crore to Rs 11,34,924.45 crore. The market position of Hindustan Unilever rose by Rs. 364.19 crore to Rs. 5,43,924.22 and HDFC increased by Rs. 62.77 crore to Rs. 4,56,741.20 crore.
List of top 10 companies
Reliance Industries stood first in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, HDFC, ICII Bank, Kotak Mahindra Bank, SBI and Bajaj Finance respectively.
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