In the list of top 10 companies, only Reliance Industries (Reliance Market Cap) and Adani Green Energy remained in profit. Last week, the 30-share BSE Sensex fell 1,141.78 points, or 1.95 percent
Stock market last week: The market capitalization of eight of the top 10 most-valued companies fell by Rs 2,21,555.61 crore last week due to heavy selling in the Indian stock market. Infosys and HDFC Bank (HDFC Bank market cap) have suffered the most during this period. The total market cap of both has decreased by Rs 1,29,085.77 crore. In the list of top 10 companies, only Reliance Industries (Reliance Market Cap) and Adani Green Energy remained in profit. Last week, the 30-share BSE Sensex fell 1,141.78 points, or 1.95 percent.
The biggest losers are Infosys
Last week, the market capitalization of Infosys fell by Rs 68,548.8 crore to Rs 6,67,062.55 crore. HDFC Bank’s market capitalization fell by Rs 60,536.97 crore to Rs 7,51,801.60 crore. Bharti Airtel lost Rs 30,127.49 crore to Rs 4,05,723.51 crore and Tata Consultancy Services (TCS) lost Rs 13,21,594.47 crore to Rs 18,094.01 crore.
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SBI’s market cap has decreased so much
State Bank of India (SBI) has reduced its market capitalization by Rs 15,261.09 crore to Rs 4,46,587.56 crore. Bajaj Finance’s market cap fell by Rs 13,264.96 crore to Rs 4,30,420.83 crore. ICICI Bank lost Rs 10,376.97 crore to Rs 5,19,362.62 crore and Hindustan Unilever lost Rs 5,345.32 crore to Rs 5,00,392.45 crore.
Reliance Industries is the biggest beneficiary
In contrast, the market value of Reliance Industries (RIL) increased by Rs 1,39,357.52 crore to Rs 18,66,071.57 crore. Adani Green Energy’s valuation increased by Rs 3,698.89 crore to Rs 4,51,749.88 crore.
Reliance Industries tops the list of top 10 companies. It is followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, Adani Green Energy, SBI, Bajaj Finance and Bharti Airtel respectively.