Market cap of 8 out of the top 10 Sensex companies decreased by Rs 2.48 lakh crore, Reliance Industries lost the most

The market cap of eight of the top 10 Sensex companies has fallen by Rs 2,48,372.97 crore last week.

The market capitalization (market cap) of eight of the top 10 companies of the Sensex has declined by Rs 2,48,372.97 crore last week. During this, Reliance Industries has suffered the most.

Sensex (BSE Sensex) The market capitalization (market cap) of eight of the top 10 companies of the (Market Cap) There has been a decline of Rs 2,48,372.97 crore in the last week. During this, the biggest loss was Reliance Industries. (Reliance Industries) has had to lift. Last week, the 30-share BSE Sensex lost 2,041.96 points or 3.72 per cent. During the week, Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank (HDFC Bank)Market valuation of , Infosys, ICICI Bank, State Bank of India (SBI), HDFC and Bharti Airtel declined.

On the other hand, the market capitalization of Hindustan Unilever and Kotak Mahindra Bank has gone up. The market capitalization of Reliance Industries has declined by Rs 1,30,627.7 crore to Rs 16,42,568.98 crore in the reporting week.

Losses to these companies

SBI’s market capitalization declined by Rs 35,073.72 crore to Rs 3,97,189.84 crore. The market valuation of ICICI Bank has fallen by Rs 29,279.72 crore to Rs 4,70,856.80 crore and that of Infosys has come down by Rs 16,869.36 crore to Rs 6,32,432.92 crore.

HDFC Bank’s market position declined by Rs 14,427.28 crore to Rs 7,16,641.13 crore and Bharti Airtel’s loss by Rs 11,533.26 crore to Rs 3,78,620.36 crore. The market valuation of TCS has come down by Rs 7,153.45 crore to Rs 12,48,998.89 crore and that of HDFC has come down by Rs 3,408.48 crore to Rs 3,86,636.58 crore.

HUL and Kotak Mahindra Bank benefit

Contrary to this trend, Hindustan Unilever’s market position increased by Rs 10,514.42 crore to Rs 5,15,582.56 crore. The market valuation of Kotak Mahindra Bank stood at Rs 3,53,200.33 crore, with a jump of Rs 1,231.33 crore.

In the list of top 10 companies, Reliance Industries remained at the first position. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, Bharti Airtel and Kotak Mahindra Bank respectively.

Apart from this, let us tell you that April’s wholesale inflation data, global trends and quarterly results of companies will decide the direction of the stock markets this week. Analysts have expressed this opinion. Apart from this, market participants will also keep an eye on the attitude of foreign institutional investors, who have remained a seller in the domestic markets for the last few days. Santosh Meena, Head of Research, Swastika Investmart said, “Inflation and tightening of their monetary stance by central banks are a matter of concern for the markets across the world.

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