Market cap of 6 out of the top 10 Sensex companies decreased by Rs 76,640.54 crore, RIL continued to remain in the first place
The market capitalization (market cap) of six of the top 10 Sensex companies collectively declined by Rs 76,640.54 crore last week. HDFC Bank was the biggest loser in this. At the same time, the 30-share Sensex of the Bombay Stock Exchange (BSE) lost 164.26 points or 0.30 per cent last week.
Reliance Industries, HDFC Bank, Hindustan Unilever Ltd., HDFC, State Bank of India (SBI) and Kotak Mahindra Bank declined in market valuations among the top 10 Sensex companies. HDFC Bank’s market cap declined by Rs 43,578.18 crore to Rs 7,97,422.67 crore in the week under review.
After this, the market cap of Hindustan Unilever declined by Rs 13,004.97 crore to Rs 5,54,326.75 crore. HDFC’s market position fell by Rs 9,543.39 crore to Rs 4,48,566.27 crore and Kotak Mahindra Bank’s market cap fell by Rs 5,392.88 crore to Rs 3,41,634.86 crore.
At the same time, the market cap of Reliance Industries Limited (RIL) declined by Rs 4,184.03 crore to Rs 13,34,579.57 crore last week, while the market position of SBI declined by Rs 937.09 crore to Rs 3,82,999.70 crore. In contrast, the market cap of Infosys rose by Rs 15,055.86 crore to Rs 6,77,343.70 crore.
Apart from this, ICICI Bank’s market capitalization rose by Rs 11,370.14 crore to Rs 4,68,639.08 crore and Tata Consultancy Services (TCS) market cap rose by Rs 6,436.35 crore to Rs 11,88,153.80 crore. At the same time, the market valuation of Bajaj Finance climbed by Rs 3,190 crore to Rs 3,73,000.18 crore.
It is noteworthy that in the list of top 10 companies of Sensex, RIL remained at the first position. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, SBI, Bajaj Finance and Kotak Mahindra Bank respectively.