Sensex The market capitalization (m-Cap) of six of the top-10 most valuable companies of India declined by a total of Rs 57,408.22 crore last week. Tata Consultancy Services (TCS) and HDFC Bank suffered the most losses. Last week, the 30-share BSE Sensex had lost 214.11 points or 0.29 percent. On January 1, the Sensex had reached its all-time high of 72,561.91 points. Last week, the market valuation of TCS declined by Rs 20,929.77 crore to Rs 13,67,661.93 crore. TCS was the biggest loser.
TCS and HDFC Bank suffered the most loss.
The market capitalization of HDFC Bank declined by Rs 20,536.48 crore to Rs 12,77,435.56 crore. The market cap of Hindustan Unilever (HUL) fell by Rs 10,114.99 crore to Rs 6,15,663.40 crore. Infosys’ valuation declined by Rs 4,129.69 crore to Rs 6,36,222.11 crore and that of ICICI Bank fell by Rs 1,608.05 crore to Rs 6,97,357.42 crore. The market value of State Bank of India (SBI) declined by Rs 89.24 crore to Rs 5,72,826.22 crore.
Reliance benefited the most
Contrary to this trend, the market capitalization of Reliance Industries increased by Rs 14,816.85 crore to reach Rs 17,63,644.77 crore. ITC’s valuation jumped by Rs 14,409.32 crore to Rs 5,91,219.09 crore. Bharti Airtel’s market valuation increased by Rs 8,200.55 crore to reach Rs 5,88,846.09 crore. The market capitalization of Life Insurance Corporation of India (LIC) increased by Rs 7,020.75 crore to Rs 5,34,082.81 crore.
Here are the top-10 companies
Reliance Industries remained at the first position in the list of top-10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, Bharti Airtel, State Bank of India and LIC respectively.
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