Amidst chaos in the stock market, 2 companies earned 39 thousand crores last week
Top-10 Firms Market Cap: Last week, a huge decline was seen in the stock market. During this period, the Sensex fell by 2,112.96 points or 2.80 percent while the Nifty was at a loss of 671.2 points or 2.94 percent. Due to this decline in the market, 8 of the top-10 companies of the stock market have suffered heavy losses, but 2 companies HDFC Bank and Bajaj Finance were such that despite the falling market, their investors have been able to earn.
Last week, the market cap of 8 of the top-10 companies of the Sensex fell by a total of Rs 3,09,244.57 crore. However, during this period, investors of HDFC Bank and Bajaj Finance benefited
Despite the falling market, their investors have been able to earn
The investors of these two companies gained a total of about 39 thousand crores. Last week, the market cap of 8 of the top 10 companies of Sensex declined by a combined Rs 3,09,244.57 crore. Tata Consultancy Services (TCS) suffered the biggest loss during this period.
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The market cap of TCS fell by Rs 1,09,211.97 crore to Rs 12,60,505.51 crore. Due to this, TCS has slipped from second place to third in the list of top 10 companies. Now HDFC Bank is in second place.
Investors of these companies suffered losses last week
Last week, the market cap of Infosys fell by Rs 52,697.93 crore to Rs 7,01,002.22 crore. Bharti Airtel's market cap fell by Rs 39,230.1 crore to Rs 8,94,993.67 crore, while Reliance Industries' valuation fell by Rs 38,025.97 crore to Rs 16,23,343.45 crore. SBI's valuation fell by Rs 29,718.99 crore to Rs 6,14,236.97 crore.
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ICICI Bank's market cap fell by Rs 20,775.78 crore to Rs 8,49,803.90 crore. Hindustan Unilever's market cap fell by Rs 11,700.97 crore to Rs 5,14,983.41 crore. ITC's valuation fell by Rs 7,882.86 crore to Rs 4,93,867.57 crore. Increase in market cap of HDFC Bank and Bajaj Finance
Investors of these two companies gained a total of about 39 thousand crores
In contrast to this trend, the market valuation of HDFC Bank increased by Rs 30,258.49 crore to Rs 13,24,411.31 crore. The market cap of Bajaj Finance increased by Rs 9,050.24 crore to Rs 5,29,516.99 crore.
List of top-10 companies
Reliance Industries remained at the first position in the list of top-10 most valuable companies. It was followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever and ITC.
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