Share Market Update: The market cap of seven of the top 10 Sensex companies collectively fell by Rs 1,14,201.53 crore last week. Hindustan Unilever, HDFC Bank and HDFC were the biggest losers. Last week, the 30-share BSE Sensex fell 501.73 points or 0.86 percent.
While the market capitalization of HDFC Bank, ICICI Bank, Hindustan Unilever, State Bank of India (SBI), Bajaj Finance, HDFC and Bharti Airtel declined in the week under review, the valuations of Reliance Industries, Tata Consultancy Services (TCS) and Infosys increased. Hui.
Market cap of banks reduced
Hindustan Unilever’s market capitalization declined by Rs 34,785.7 crore to Rs 4,59,121.88 crore during the week. HDFC Bank’s market valuation declined by Rs 26,891.57 crore to Rs 7,93,855.60 crore.
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Similarly, HDFC’s valuation declined by Rs 20,348.29 crore to Rs 4,17,511.38 crore. ICICI Bank’s market position declined by Rs 14,372.87 crore to Rs 4,85,801.96 crore.
Bharti Airtel also in loss
SBI’s market capitalization declined by Rs 10,174.05 crore to Rs 4,37,618.33 crore. Bharti Airtel’s market valuation stood at Rs 3,89,522.03 crore with a loss of Rs 7,441.7 crore.
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The market capitalization of Bajaj Finance came down to Rs 4,22,138.56 crore from a loss of Rs 187.35 crore. In contrast to this trend, the market position of Reliance Industries rose by Rs 79,188.07 crore to Rs 17,56,635.40 crore.
Reliance Industries ranked first
The market valuation of TCS increased by Rs 12,114.39 crore to Rs 13,71,589.75 crore. The market position of Infosys rose by Rs 9,404.12 crore to Rs 7,89,352.44 crore. In the list of top 10 companies, Reliance Industries remained at the first position. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, SBI, Bajaj Finance, HDFC and Bharti Airtel respectively.
Due to the Russia-Ukraine crisis, there is volatility in the stock market around the world. Therefore, the Indian stock market is going through a period of decline. Last week also there was a lot of turmoil in the Indian stock market.
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