Last week, the Indian stock market was also affected by the decline in the markets around the world. However, after this decline in the market, a good recovery was also seen. But this recovery could not fully compensate for the decline and the BSE Sensex fell by 1,276.04 points (1.57 percent) last week. Due to this decline in the market, the market cap of 8 out of the top 10 companies of the BSE Sensex declined by a total of Rs 1,66,954.07 crore last week.
Reliance Industries suffered the biggest loss
Reliance Industries was the company most affected by this decline. During this period, Reliance’s market cap fell the most by Rs 33,930.56 crore and it came down to Rs 19,94,765.01 crore. LIC’s market cap fell by Rs 30,676.24 crore and it came down to Rs 7,17,001.74 crore. During this period, the market cap of State Bank of India fell by Rs 21,151.33 crore to Rs 7,35,566.52 crore.
Infosys market cap declined by Rs 20,973.19 crore
The market cap of Infosys fell by Rs 20,973.19 crore to Rs 7,35,277.28 crore. The market cap of Tata Consultancy Services (TCS) fell by Rs 19,157.77 crore to Rs 15,30,469.11 crore. The market cap of Bharti Airtel fell by Rs 16,993.56 crore to Rs 8,33,396.32 crore. The market cap of ICICI Bank fell by Rs 16,975.55 crore to Rs 8,25,201.23 crore and the market cap of HDFC Bank fell by Rs 7,095.87 crore to Rs 12,56,505.53 crore.
These two companies remained profitable despite heavy fall
However, contrary to this downward trend, the market cap of Hindustan Unilever rose by Rs 12,946.24 crore to Rs 6,45,808.65 crore. Apart from this, the market cap of ITC also increased by Rs 8,406.26 crore to Rs 6,19,829.37 crore.
With PTI inputs
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