M-cap of 6 companies out of top 10 reduced by Rs 1 lakh crore, RIL is the biggest loser

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Mumbai Last week, the market capitalization (MCAP) of 6 of the 10 most valuable companies in the Sensex decreased by Rs 1,02,779.4 crore. Reliance Industries Limited has suffered the most in this.

Among the top 10 companies listed on the BSE Sensex, market valuations of RIL, TCS, HDFC Bank, ICICI Bank, HCL and Bharti Airtel declined. During this period, the market cap of Hindustan Unilever, Infosys, HDFC and Kotak Mahindra Bank has increased.

Significantly, last week, the market cap of Reliance Industries has come down to Rs. 14,71,081.28 crore from Rs. 39,355.06 crore. TCS ‘market cap declined by Rs 19,681.25 crore to Rs 10,36,596.28 crore and HDFC Bank’s market cap fell by Rs 19,097.85 crore to Rs 6,59,894.13 crore.

With this, the market cap of Bharti Airtel fell by Rs 12,875.11 crore to Rs 2,19,067.91 crore, while the market cap of HCL Tech fell by Rs 7,842.49 crore to Rs 2,24,447.24 crore. At the same time, ICICI Bank’s market valuation declined by Rs 3,927.64 crore and it came to Rs 2,73,075.43 crore.

In contrast, Infosys’ market cap rose by Rs 8,540.12 crore to Rs 4,80,291.25 crore. Kotak Mahindra Bank’s market valuation increased by Rs 3,290.64 crore to Rs 2,64,555.97 crore. HUL’s market cap rose by Rs 2,795.97 crore to Rs 5,05,330.81 crore. At the same time, the market cap of HDFC Housing increased by Rs 502.83 crore to Rs 3,51,986.24 crore.

It is worth mentioning that RIL topped the market valuation last week followed by TCS, HDFC Bank and HUL respectively.

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