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Tuesday, October 26, 2021

Market cap of 8 out of top 10 companies decreased by Rs 1.80 lakh crore, RIL and SBI benefited

The market cap of 8 out of the top 10 companies of BSE Sensex has declined by Rs 1,80,534.34 crore last week. In this, Tata Consultancy Services and Infosys have been the biggest losers.

In the list of top 10 companies, only Reliance Industries and State Bank of India (SBI) have seen an increase in the market cap. Last week, the 30-share BSE Sensex lost 1,282.89 points, or 2.13 per cent. On Friday, the Sensex recorded a decline for the fourth consecutive trading session.

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The m-cap of Tata Consultancy Services (TCS) declined by Rs 52,526.53 crore to Rs 13,79,487.23 crore. The m-cap of Infosys declined by Rs 41,782.4 crore to Rs 7,06,249.77 crore.

Similarly, HDFC Bank’s m-cap declined by Rs 22,643.11 crore to Rs 7,06,249.77 crore and ICICI Bank’s m-cap declined by Rs 21,095.77 crore to Rs 4,79,985.13 crore.

The m-cap of Bajaj Finance declined by Rs 16,438.9 crore to Rs 4,54,026.68 crore and that of HDFC Bank declined by Rs 10,410.41 crore to Rs 8,76,329.45 crore.

The m-cap of Hindustan Unilever Limited declined by Rs 9,222,14 crore to Rs 6,34,977.04 crore and that of Kotak Mahindra Bank by Rs 6,415.08 crore to Rs 3,95,563.67 crore.

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In contrast, the m-cap of Reliance Industries rose by Rs 25,294.38 crore to Rs 15,99,346.41 crore. came. The m-cap of State Bank of India (SBI) increased by Rs 9,773.33 crore to Rs 4,03,169.33 crore.

Reliance Industries ranked first in the ranking of top 10 companies last week. This is followed by TCS, HDFC Bank, Infosys, Hindustan Unilever Limited, HDFC, ICICI Bank, Bajaj Finance, State Bank of India (SBI) and Kotak Mahindra Bank (Kotak). Mahindra Bank) remained in place.

(Disclaimer: Network 18 Media & Investment Ltd. is owned by Independent Media Trust. Its beneficiary company is Reliance Industries.)

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Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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