Sensex lost 484 points last week
The market cap of five of the top 10 Sensex companies collectively declined by Rs 1,42,880.11 crore last week. The biggest losers were Hindustan Unilever (HUL), Reliance Industries (RIL) and Tata Consultancy Services. (TCS) Last week the 30-share BSE Sensex fell 484.33 points or 0.79 per cent. Sensex and Nifty fell for the fourth consecutive trading session on Friday.
Hindustan Unilever’s market capitalization declined by Rs 45,523.33 crore to Rs 5,76,836.40 crore in the week under review. The market valuation of Reliance Industries declined by Rs 45,126.6 crore to Rs 16,66,427.95 crore and that of TCS declined by Rs 41,151.94 crore to Rs 12,94,686.48 crore.
During the week, Bajaj Finance’s market position declined by Rs 8,890.95 crore to Rs 4,65,576.46 crore and that of HDFC Bank by Rs 2,187.29 crore to Rs 9,31,371.72 crore.
These companies benefit
Contrary to this trend, the market capitalization of Kotak Mahindra Bank increased by Rs 30,747.78 crore to Rs 4,30,558.09 crore.
The market valuation of ICICI Bank stood at Rs 5,26,497.27 crore, with a jump of Rs 22,248.14 crore.
Similarly, HDFC’s market position rose by Rs 17,015.22 crore to Rs 5,24,877.06 crore and State Bank of India (SBI) rose by Rs 11,111.14 crore to Rs 4,48,863.34 crore.
Infosys added Rs 1,717.96 crore during the week and its market capitalization stood at Rs 7,29,410.37 crore.
List of top 10 companies
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, Bajaj Finance, SBI and Kotak Mahindra Bank respectively.
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