- Only Bharti Airtel’s market capitalization increased last week
- Bajaj Finance and Reliance Industries were the biggest losers
- Sensex down by 2,528.86 points or 4.24 per cent
New Delhi. The market capitalization (market cap) of nine of the top 10 Sensex companies fell by Rs 2,62,146.32 crore last week. Bajaj Finance and Reliance Industries were the biggest losers. Last week, the BSE 30-share index Sensex lost 2,528.86 points, or 4.24 per cent.
Out of the top 10 Sensex companies, only Bharti Airtel’s market capitalization increased last week. The market capitalization of Bajaj Finance declined by Rs 41,518.24 crore to Rs 4,10,670.50 crore in the week under review. The market valuation of Reliance Industries declined by Rs 38,440.66 crore to Rs 15,30,109.51 crore. Similarly, the market position of Infosys declined by Rs 37,950.03 crore to Rs 7,10,925.34 crore and that of HDFC by Rs 33,067.68 crore to Rs 4,96,168.98 crore.
The market valuation of State Bank of India declined by Rs 29,852.83 crore to Rs 4,19,902.97 crore. ICICI Bank’s valuation declined by Rs 28,567.03 crore to Rs 5,01,039.91 crore.
Similarly, the market capitalization of HDFC Bank declined by Rs 26,873.77 crore to Rs 8,25,658.59 crore and that of Hindustan Unilever at Rs 5,48,570.82 crore with a loss of Rs 14,778.93 crore.
The market position of Tata Consultancy Services (TCS) declined by Rs 11,097.15 crore to Rs 12,74,563.64 crore. Contrary to this trend, Bharti Airtel’s market capitalization jumped by Rs 12,769.55 crore to Rs 4,05,009.55 crore.
Despite this decline, Reliance Industries retained the first position among the top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, SBI, Bajaj Finance and Bharti Airtel respectively.
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