Stock Market News Updates: The market capitalization (market cap) of six of the top 10 most valuable companies in the Sensex last week collectively rose to Rs. 1,73,097.59 crore was reduced. HDFC Bank and Life Insurance Corporation of India (LIC share price) were the biggest losers. The BSE’s 30-share Sensex was down 1,213.68 points or 1.64 percent last week.
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How much did HDFC lose?
In the week under review, the market valuation (market cap) of HDFC Bank stood at Rs. 60,678.26 crore reduced to Rs. 10,93,026.58 crores. LIC’s market capitalization is Rs. 43,168.1 crore reduced to Rs. 5,76,049.17 crores. The market capitalization of Reliance Industries is Rs. 36,094.96 crore down to Rs. 19,04,643.44 crores.
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Big loss to SBI from ICICI
ICICI Bank’s market capitalization is Rs. 17,567.94 crore reduced to Rs. 7,84,833.83 crore and State Bank of India (SBI) was valued at Rs. 11,780.49 crore reduced to Rs. 7,30,345.62 crores. ITC Valuation Rs. 3,807.84 crore reduced to Rs. 5,40,838.13 crores.
These are benefits including HUL, TCS
Contrary to this trend, Hindustan Unilever (HUL) has a market capitalization of Rs. 33,270.22 crore increased to Rs. 5,53,822.16 crore has been reached. Tata Consultancy Services (TCS) during the week Rs. 20,442.2 crore and its market cap increased to Rs. 14,09,552.63 crores.
Bharti Airtel has a market capitalization of Rs. 14,653.98 crore to Rs. 7,38,424.68 crore and Infosys is valued at Rs. 3,611.26 crore to Rs. 5,91,560.88 crores.
Who got the place after Reliance?
Reliance Industries topped the list of top 10 companies. This is followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC respectively.