The market capitalization (market cap) of 6 of the top 10 most valuable companies of Sensex declined by a total of Rs 1.71 lakh crore last week. IT sector companies Infosys and Tata Consultancy Services (TCS) suffered the most loss. Last week, the 30-share BSE Sensex fell 759.58 points or 0.98 per cent. Whereas the National Stock Exchange’s Nifty fell by 228.3 points or 0.97 percent.
Tata Consultancy Services, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever and ITC suffered a combined loss of Rs 1,71,680.42 crore in market cap. Whereas the market cap of Reliance Industries, Bharti Airtel, State Bank of India (SBI) and Life Insurance Corporation of India (LIC) increased.
Which of the 6 companies suffered how much loss?
Infosys’ market cap declined by Rs 62,948.4 crore to Rs 7,53,678.38 crore. Similarly, the market cap of TCS decreased by Rs 50,598.95 crore to Rs 14,92,714.37 crore, that of Hindustan Unilever decreased by Rs 20,605.92 crore to Rs 5,53,152.52 crore, that of ICICI Bank decreased by Rs 16,005.84 crore to Rs 8,65,495.17 crore, that of HDFC Bank decreased by Rs. Rs 15,640.8 crore declined to Rs 12,51,799.81 crore and ITC’s market cap declined by Rs 5,880.51 crore to Rs 5,50,702.93 crore.
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How much benefit do the remaining 4 companies get?
Contrary to this trend, the market cap of Reliance Industries increased by Rs 79,773.34 crore to reach Rs 17,60,967.69 crore. Similarly, the market cap of State Bank of India increased by Rs 18,697.08 crore to Rs 6,81,930.22 crore, that of LIC increased by Rs 9,993.5 crore to Rs 5,40,724.05 crore and the market cap of Bharti Airtel increased by Rs 7,080.98 crore to Rs 9,27,014.97 crore.
List of top 10 companies of Sensex
Reliance Industries remained at the first position among the top 10 companies of Sensex. After that, TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC and LIC were ranked respectively.
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