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HomeBusinessMarket cap of these 5 companies decreased by 1.42 lakh crores due...

Market cap of these 5 companies decreased by 1.42 lakh crores due to fall in the market, HUL top loser

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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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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