The market capitalization (market cap) of 6 of the Sensex’s top 10 most valuable companies fell by Rs 2.22 lakh crore in total last week. Reliance Industries suffered the most damage amidst the decline trend in the stock market. Last week, the 30 -share Sensex of BSE came down 294.64 points or 0.36 percent. During the week, the market cap of Reliance Industries, Tata Consultancy Services (TCS), Infosys, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) fell by Rs 2,22,193.17 crore.
On the other hand, the market cap of HDFC Bank, Bharti Airtel, ICICI Bank and State Bank of India (SBI) increased. During the week, the market cap of Reliance Industries declined by Rs 1,14,687.7 crore to Rs 18,83,855.52 crore.
And how much loss to 5 companies
Similarly, the market cap of Infosys decreased by Rs 29,474.56 crore to Rs 6,29,621.56 crore, LIC’s Rs 23,086.24 crore declines to Rs 5,60,742.67 crore, TCS reduced Rs 20,080.39 crore to Rs 11,34,035.26 crore, Bajaj Finance Rs 17,524.39 crore. The market cap of Rs 5,67,768.53 crore and Hindustan Unilever came to a loss of Rs 17,339.98 crore to Rs 5,67,449.79 crore.
How much benefit the remaining 4 companies
Unlike this stance, HDFC Bank’s market cap increased by Rs 37,161.53 crore to Rs 15,38,078.95 crore. Similarly, the market cap of ICICI Bank increased by Rs 35,814.41 crore to Rs 10,53,823.14 crore, Bharti Airtel had a jump of Rs 20,841.2 crore to Rs 11,04,839.93 crore and the market cap of State Bank of India increased to Rs 7,685.34 crore to Rs 7,4449.31 crore.
RIL tops in top 10 companies
Reliance Industries stood first in the list of Sensex’s top 10 companies. After that HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC were ranked respectively.