Market capitalization (market cap) of six of the top 10 Sensex companies fell by a combined Rs 96,642.51 crore last week. Reliance Industries is the biggest loser. Last week, the BSE 30-share Sensex fell 388.96 points, or 0.73 percent. Reliance Industries, Tata Consultancy Services, HDFC Bank, Hindustan Unilever Limited, HDFC and Kotak Mahindra Bank declined in the week’s market capitalization.
On the other hand, the market value of Infosys, ICICI Bank, State Bank of India and Bajaj Finance has increased. The market capitalization of Reliance Industries declined by Rs 44,249.32 crore to Rs 12,90,330.25 crore during the week. The market value of TCS declined by Rs 16,479.28 crore to Rs 11,71,674.52 crore.
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On the other hand, Kotak Mahindra Bank’s market position decreased from Rs 13,511.93 crore to Rs 3,28,122.93 crore and HDFC Bank’s Rs 8,653.09 crore to Rs 7,88,769.58 crore. HDFC’s market capitalization stood at Rs 7,827.92 crore. 4,40,738.35 crore and Hindustan Unilever declined by Rs 5,920.97 crore to Rs 5,48,405.78 crore.
In contrast to this trend, Infosys’ market position rose by Rs 8,475.58 crore in the week to Rs 6,85,819.28 crore. During the week, ICICI Bank added Rs 4,210.38 crore and its market capitalization stood at Rs 4,72,849.46 crore. The valuation of Bajaj Finance was estimated at Rs 2,972.7 crore. 3,75,972.88 crore and the value of SBI was Rs. 2,275.78 crore to Rs. 3,85,275.48 crore.
Reliance Industries tops the list of Top 10 Companies After that, TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, SBI, Bajaj Finance and Kotak Mahindra Bank respectively.
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