Market Cap update: The market capitalization of six of the top 10 Sensex companies collectively declined by Rs 1,73,097.59 crore last week. The biggest loss was suffered by HDFC Bank and Life Insurance Corporation of India (LIC). This During this period, the market cap of HDFC Bank, LIC, Reliance Industries, ICICI Bank, SBI and ITC declined. While the market cap of Hindustan Unilever, TCS, Bharti Airtel and Infosys increased.Last week, the 30-share BSE Sensex lost 1,213.68 points or 1.64 percent.
who caused the damage
In the week under review, the market capitalization of HDFC Bank declined by Rs 60,678.26 crore to Rs 10,93,026.58 crore. LIC’s market capitalization declined by Rs 43,168.1 crore and stood at Rs 5,76,049.17 crore. The market capitalization of Reliance Industries declined by Rs 36,094.96 crore to Rs 19,04,643.44 crore. The market capitalization of ICICI Bank declined by Rs 17,567.94 crore to Rs 7,84,833.83 crore and the market capitalization of State Bank of India (SBI) declined by Rs 11,780.49 crore to Rs 7,30,345.62 crore. ITC’s market capitalization declined by Rs 3,807.84 crore to Rs 5,40,838.13 crore.
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who benefited
Contrary to this trend, the market capitalization of Hindustan Unilever increased by Rs 33,270.22 crore to reach Rs 5,53,822.16 crore. Tata Consultancy Services (TCS) added Rs 20,442.2 crore during the week and its market cap increased to Rs 14,09,552.63 crore. Bharti Airtel’s market cap increased by Rs 14,653.98 crore to Rs 7,38,424.68 crore and Infosys’ market cap increased by Rs 3,611.26 crore to Rs 5,91,560.88 crore.
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Reliance Industries remains on top in market cap
Reliance Industries remained at the first position in the list of top 10 companies. After this, TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC were ranked respectively.
