Finance
Last week, the combined market valuation of five of the ten most valuable companies fell by Rs 1,67,602.73 crore, with Reliance Industries taking the biggest hit.
Last week, the Sensex fell 686.83 points, or 1.09 percent, as equities fell overall.
While Reliance Industries, TCS, Infosys, Bharti Airtel, and ICICI Bank were among the top-10 losers, Hindustan Unilever, HDFC Bank, Adani Enterprises, SBI, and HDFC emerged as winners.
Reliance Industries’ valuation has dropped by Rs 76,821.01 crore to Rs 17,65,173.47 crore.
The market capitalisation (mcap) of Tata Consultancy Services fell by Rs 53,641.69 to Rs 12,04,797.55 crore.
Infosys’ valuation fell by Rs 29,330.33 crore to Rs 6,60,184.76 crore, while Bharti Airtel’s fell by Rs 7,705.08 crore to Rs 4,64,529.84 crore.
ICICI Bank’s market capitalization fell by Rs 104.62 crore to Rs 6,49,102.84 crore.
Hindustan Unilever (HUL) on the other hand, added Rs 24,882.17 crore, bringing its market valuation to Rs 6,39,370.77.
HDFC Bank’s valuation increased by Rs 13,493.73 crore to Rs 9,09,600.11 crore, while Adani Enterprises’ valuation increased by Rs 8,475.91 crore to Rs 4,55,521.65 crore.
The market capitalization of State Bank of India increased by Rs 7,942.90 crore to Rs 5,50,157.69 crore, while HDFC increased by Rs 1,129.55 crore to Rs 4,86,755.77 crore.
TCS, HDFC Bank, Infosys, ICICI Bank, HUL, State Bank of India, HDFC, Bharti Airtel, and Adani Enterprises followed Reliance Industries at the top of the list of most valuable companies.
Source:BS
