Six of Sensex’s top 10 companies lost market capitalization by Rs 1.38 lakh crore

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Sensex

The market capitalization of six of the Sensex’s top ten companies declined by Rs 1,38,839.83 crore last week. Reliance Industries and HDFC Bank have suffered the most. The 30-share BSE Sensex lost 522.01 points or 1.36 percent in the previous week.

During the week, the market capitalization of Reliance Industries declined by Rs 50,239.78 crore to Rs 13,10,323.21 crore. Similarly, HDFC Bank’s valuation declined by Rs 46,374.63 crore to Rs 5,67,877.74 crore.

ICICI Bank’s market position declined by Rs 22,631.74 crore to Rs 2,24,659.85 crore and that of HDFC by Rs 10,078.06 crore to Rs 3,09,254.09 crore. ITC’s market valuation declined by Rs 6,815.12 crore to Rs 2,38,660.74 crore and Bharti Airtel fell by Rs 2,700.5 crore to Rs 3,02,701.60 crore.

In contrast to this stance, the market capitalization of Tata Consultancy Services (TCS) rose by Rs 47,054.91 crore to Rs 8,56,463.05 crore in the week under review. Infosys’ market position rose by Rs 18,591.83 crore to Rs 4,11,554.51 crore.

Kotak Mahindra Bank’s valuation rose by Rs 3,481.72 crore to Rs 2,70,600.52 crore. Hindustan Unilever’s market capitalization increased by Rs 740.11 crore to Rs 5,19,931.93 crore.

Reliance Industries retained the first position in the list of top ten companies. It was followed by TCS, HDFC Bank, Hindustan Unilever, Infosys, HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank.

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