Share Market
Share Market The market capitalization of 7 out of the top 10 companies in the Indian country market has seen a decline this week. Reliance has suffered the most in this. The market capitalization of Reliance Industries declined by Rs 38496.79 crore to Rs 1632577.99 crore. The market valuation of HDFC Bank increased by Rs 10917.11 crore to Rs 1192752.19 crore.
Last week was a loss for the Indian stock market. Seven of the country’s 10 highest-valued companies saw a drop in their market cap by Rs 62,279.74 crore.
Share Market Losses
In this, the biggest losses have been incurred by market giants Reliance Industries, Tata Consultancy Services (TCS), ICICI Bank, HUL, ITC, State Bank of India and Bharti Airtel. At the same time, the market cap of HDFC Bank, Infosys and Bajaj Finance has increased.
Which companies suffered losses?
The market capitalization of Reliance Industries declined by Rs 38,496.79 crore to Rs 16,32,577.99 crore. Hindustan Unilever’s valuation declined by Rs 14,649.7 crore to Rs 5,88,572.61 crore and that of Bharti Airtel declined by Rs 4,194.49 crore to Rs 4,84,267.42 crore.
ITC’s market cap declined by Rs 3,037.83 crore to Rs 5,50,214.07 crore, ICICI Bank’s market cap declined by Rs 898.8 crore to Rs 6,78,368.37 crore, TCS’s market cap declined by Rs 512.27 crore to Rs 12,36,466.64 crore, State Bank of India’s market cap declined by Rs 512.27 crore to Rs 12,36,466.64 crore. 490.86 crore has decreased to Rs 5,08,435.14 crore.
Which companies benefited?
The market cap of Bajaj Finance rose by Rs 6,562.1 crore to Rs 4,43,350.96 crore, the market valuation of HDFC Bank rose by Rs 10,917.11 crore to Rs 11,92,752.19 crore and the market cap of Infosys rose by Rs 9,338.31 crore to Rs 5,98,917.39 crore.
Market gave positive returns
Last week, 7 out of the top 10 companies may have given negative returns, but the stock market has given positive returns. BSE Sensex closed at 65,387.16, up 500.65 points or 0.77 points.
Top 10 companies in the market
Among the top 10 companies, Reliance remains the most valuable company in the country. After this come the names of TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, State Bank of India, Bharti Airtel and Bajaj Finance
