This week the market cap of the top-10 companies of the stock market fell by 96642 crores. This week the 30-share index Sensex came down 389 points or 0.73 percent and it closed at 52586 points.
Reliance’s market cap fell to Rs 12.90 lakh crore.
BSE Market Cap this week: The market capitalization (market cap) of six of the top 10 Sensex companies collectively declined by Rs 96,642.51 crore last week. Reliance Industries was the biggest loser. Last week, the BSE 30-share Sensex fell 388.96 points or 0.73 per cent.
Market capitalization of Reliance Industries, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, HDFC and Kotak Mahindra Bank declined in the week under review. Market valuations of Infosys, ICICI Bank, State Bank of India and Bajaj Finance rose. The market capitalization of Reliance Industries declined by Rs 44,249.32 crore to Rs 12,90,330.25 crore during the week. The market valuation of TCS came down to Rs 11,71,674.52 crore from a loss of Rs 16,479.28 crore.
8653 crore loss to HDFC Bank
On the other hand, Kotak Mahindra Bank’s market position declined by Rs 13,511.93 crore to Rs 3,28,122.93 crore and HDFC Bank by Rs 8,653.09 crore to Rs 7,88,769.58 crore. HDFC’s market capitalization declined by Rs 7,827.92 crore to Rs 4,40,738.35 crore and Hindustan Unilever at Rs 5,920.97 crore to Rs 5,48,405.78 crore.
Infosys market cap increased by 8475 crores
Contrary to this trend, Infosys’s market position rose by Rs 8,475.58 crore to Rs 6,85,819.28 crore during the week. ICICI Bank added Rs 4,210.38 crore during the week and its market capitalization stood at Rs 4,72,849.46 crore. The valuation of Bajaj Finance increased by Rs 2,972.7 crore to Rs 3,75,972.88 crore and that of SBI rose by Rs 2,275.78 crore to Rs 3,85,275.48 crore.
Reliance at number one then TCS
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, SBI, Bajaj Finance and Kotak Mahindra Bank respectively.
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