Sensex
The continuing decline in the stock market has also been enough on the top-10 companies involved in the Sensex. Last week, the market cap of 8 of the top 10 companies of the Sensex rolled down rapidly. At the same time, the market cap of only 2 companies recorded an increase. Let us tell you that the market capitalization (market cap) of eight out of the top 10 companies of Sensex fell by more than Rs 200000 crore last week. Reliance Industries suffered the most damage amidst the trend of weakness in the stock market. The process of decline in the eighth consecutive trading session in the stock markets continued on Friday. In eight business sessions, the 30 -share Sensex of BSE is lost 2,644.6 points or 3.36 percent, while the National Stock Exchange’s Nifty has lost 810 points or 3.41 percent.
The weeks under review declined collectively by Rs 2,03,952.65 crore in the evaluation of Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, State Bank of India (SBI), Hindustan Unilever, Bajaj Finance and ITC. At the same time, the market evaluation of Bharti Airtel and ICICI Bank increased.
Reliance shocks
During the week, the market capitalization of Reliance Industries declined by Rs 67,526.54 crore to Rs 16,46,822.12 crore. The evaluation of TCS declined by Rs 34,950.72 crore to Rs 14,22,903.37 crore. HDFC Bank’s market status declined by Rs 28,382.23 crore to Rs 12,96,708.35 crore and ITC’s loss of Rs 25,429.75 crore to Rs 5,13,699.85 crore. The market evaluation of Infosys declined by Rs 19,287.32 crore to Rs 7,70,786.76 crore. SBI’s market status declined by Rs 13,431.55 crore to Rs 6,44,357.57 crore.
ICICI Bank and Airtel supported
The market evaluation of Hindustan Unilever declined by Rs 10,714.14 crore to Rs 5,44,647 crore. The evaluation of Bajaj Finance declined by Rs 4,230.4 crore to Rs 5,20,082.42 crore. Unlike this stance, Bharti Airtel’s market status increased by Rs 22,426.2 crore to Rs 9,78,631.54 crore. ICICI Bank’s market capitalization increased by Rs 1,182.57 crore to Rs 8,88,815.13 crore. Reliance Industries stood first in the list of top 10 companies. After that, TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, Hindustan Unilever, Bajaj Finance and ITC respectively were positioned.
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