MCAP of nine out of the top -10 passes through the most valuable firms of Rs 2.9 lakh crore; TCS, RIL hit the most

MCAP of nine out of the top -10 passes through the most valuable firms of Rs 2.9 lakh crore; TCS, RIL hit the most


In the Holiday-Shorted Week, nine out of ten most valuable companies were lost collectively The market capitalization led to the biggest decline in domestic equity markets with 2,94,170.16 crore, Tata Consultancy Services (TCS).

During the same week, BSE Sensex 2,050.23 points (2.64%), and NSE Nifty dropped from 614.8 points (2.61%).

Among the top -10 firms, TCS, Reliance Industries, Infosys, Bajaj Finance, ICICI Bank, HDFC Bank, Hindustan Unilever Limited (HUL), State Bank of India (SBI), and ITC all saw a decline in their market values. Bharti Airtel was the only company in a profit posting list.

TCS saw the biggest erosion in evaluation, falling from falling 1,10,351.67 crore 11,93,769.89 crores. Reliance Industries MCAP declines 95,132.58 crore 16,30,244.96 crore, while Infosys shed 49,050.04 crores, dropping 6,03,178.45 crores.

Bajaj Finance Lost 14,127.07 crores, bring its evaluation 5,40,588.05 crores. ICICI Bank market cap Reduced by 9,503.66 crores 9,43,264.95 crores.

HDFC Bank saw a dip 8,800.05 crores 13,90,408.68 crore, while HUL evaluation decreased 3,500.89 crores 5,27,354.01 crore. SBI and ITC also saw a decline 3,391.35 crores and 312.85 crores respectively.

On the other hand, Bharti Airtel’s market capitalization increased To reach 7,013.59 crores 9,94,019.51 crore.

Despite the loss, Reliance Industries remained the most valuable company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Bajaj Finance, HUL and ITC.

Leave a Reply

Your email address will not be published. Required fields are marked *

x