M-cap Witnessed A Loss Of Rs 80,200 Crores Across Top Seven

The Tata Consultancy and HDFC Bank were the biggest laggards last week as the combined market valuation of seven of the top ten valued corporations fell by Rs 80,200 crore. According to sources, the BSE benchmark dropped by 373.99 points, or 0.57%, over the holiday-shortened week prior.

Hindustan Unilever, Infosys, and Reliance, among the top 10 pack,  achieved success, while TCS, HDFC, ICICI Bank, ITC, State Bank of India, Airtel, and Bajaj Finance experienced a fall in their valuation.

TCS’s market value plummeted by Rs. 29,894.45 billion to Rs. 12,32,240.44 billion on the other hand HDFC Bank had a decrease of Rs 19,664.06 billion to Rs 12,02,728.20 billion.

The market capitalisation of State Bank of India decreased by Rs 1,026.33 crore to Rs 5,11,424.89 crore, while that of Bharti Airtel decreased by Rs 8,081.38 crore to Rs 4,78,730.70 crore.

The M-cap of ICICI Bank dropped by Rs 962.07 billion to Rs 6,65,550.83 billion Hindustan Unilever increased by Rs 12,347.1 crore, bringing its market worth to Rs 6,00,250.08 crore, in contrast to TCS and HDFC.

The valuation of Reliance Industries increased by 5,886.09 crore to 17,29,764.68 crore, while that of Infosys increased by 6,972.87 crore to 5,76,379.26 crore.

As a result of this, Reliance Industries continues to be at the top while other companies tend to see progress while others encounter declines. Reliance comes in first place in the ranking of top, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, State Bank of India, Bharti Airtel, and Bajaj Finance.

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