Business News Desk – Last week there was a huge fall in the stock market. On Friday, the market closed with a fall of 662 points while Nifty closed with a fall of 218 points. During this period, 9 out of the top 10 richest companies of the country suffered huge losses. Only one company, HDFC Bank, was in profit, whose valuation increased by Rs 46,891 crore.
Hindustan Unilever suffered the biggest loss
Hindustan Unilever Limited suffered the biggest loss among the top 10 companies last week. During the week’s trading, the market cap of this company declined by Rs 44,196 crore to only Rs 5.94 lakh crore.
In terms of loss, Reliance is at second place and SBI is at third place.
Among the 9 companies that suffered the most loss due to the fall in the stock market last week, Mukesh Ambani-led Reliance Industries stood second, whose market cap declined by Rs 41,995 crore to Rs 17.97 lakh crore. State Bank of India’s valuation declined by Rs 35,118 crore to Rs 6.97 crore.
These companies also suffered huge losses
Other companies that suffered losses last week include Bharti Airtel Rs 24,109 crore, TCS Rs 23,138 crore, LIC Rs 19,798 crore, Infosys Rs 10,630 crore, ITC Rs 5,691 crore and ICICI Bank Rs 5,280 crore. The only company in the top-10 to make profit is HDFC Bank, whose valuation has seen an increase of Rs 46,891 crore and has now reached Rs 13.30 lakh crore.
All 9 companies suffered a total loss of Rs 2.09 lakh crore.
Last week, 9 out of the top 10 companies suffered a total loss of Rs 2.09 lakh crore. At the same time, Sensex fell by about 1800 points during the entire week, while Nifty also suffered huge losses. Market experts say that after the recent attack by Israel on Iran, tension is increasing once again in the Middle East, which may affect the prices of crude oil. At the same time, due to the increase in geopolitical tension once again due to this fight, a decline in the global market as well as the Indian markets is being predicted.
