The market cap of nine of the top 10 companies of the BSE Sensex fell by Rs 3,96,629.40 crore last week. Reliance Industries Limited -RIL has suffered a major setback due to this huge weakness in the market. Only ICICI Bank’s m-cap has increased in the past week. Decreasing the market cap means that the value of their stock has decreased so much. The Sensex has lost 2,592.77 points in the previous week. The budget will be presented in Parliament on 1 February tomorrow.
ICICI Bank’s m-cap rose by Rs 2,397.43 crore to Rs 3,70,773.35 crore. At the same time, the m-cap of Reliance Industries declined by Rs 1,30,909.45 crore and it came down to Rs 11,68,454.02 crore.
Tata Consultancy Services (TCS) ‘s m-cap dropped by Rs 71,482.92 crore to Rs 11,68,079.84 crore. Similarly, the m-cap of Infosys came down to Rs 5,28,040.02 crore from a loss of Rs 42,936.43 crore. Let us know that last Monday, TCS overtook Reliance Industries in terms of market cap.
HDFC’s market cap declined by Rs 38,083.07 crore to Rs 4,28,040.72 crore. Hindustan Unilever Limited’s m-cap fell to a loss of Rs 34,150.8 crore to Rs 5,31,798.56 crore.
Similarly, HDFC Bank’s m-cap dropped by Rs 28,894.3 crore to Rs 7,66,218.59 crore and Kotak Mahindra Bank’s m-cap dropped from Rs 23,320.13 crore to Rs 3,39,345.13 crore.
Bajaj Finance’s m-cap dropped by Rs 13,949.9 crore to Rs 2,85,382.35 crore and Bharti Airtel’s m-cap dropped by Rs 12,902.4 crore to Rs 3,01,801.43 crore.
Reliance Industries ranked first in the top 10 companies ranking last week. This was followed by TCS, HDFC Bank, Hindustan Unilever Limited, Infosys HDFC, ICICI Bank, Kotak Mahindra Bank (Kotak Mahindra Bank), Bharti Airtel (Bharti Airtel) and Bajaj Finance (Bajaj Finance). .