- Bharti Airtel incurred a loss of Rs 11,533.26 crore
- Hindustan Unilever’s market position increased by 10,514.42 crores
- Reliance remained at the first position in the list of top 10 companies
Reliance Industries has caused the biggest loss to the investors. Actually, the investors of Reliance had to suffer the most due to the market breakdown last week. Last week, the 30-share BSE Sensex lost 2,041.96 points or 3.72 per cent. Due to this, the market capitalization (market cap) of eight of the top 10 companies of the Sensex fell by Rs 2,48,372.97 crore. During this, Reliance Industries had to bear the maximum loss. Market valuations of Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank, State Bank of India (SBI), HDFC and Bharti Airtel declined during the week.
Capitalization of HUL and Kotak Mahindra Bank increased
On the other hand, the market capitalization of Hindustan Unilever and Kotak Mahindra Bank climbed. The market capitalization of Reliance Industries declined by Rs 1,30,627.7 crore to Rs 16,42,568.98 crore in the week under review. SBI’s market capitalization declined by Rs 35,073.72 crore to Rs 3,97,189.84 crore. ICICI Bank’s market valuation fell by Rs 29,279.72 crore to Rs 4,70,856.80 crore and Infosys declined Rs 16,869.36 crore to Rs 6,32,432.92 crore.
HDFC Bank again gave a shock to investors
HDFC Bank’s market position declined by Rs 14,427.28 crore to Rs 7,16,641.13 crore and Bharti Airtel’s loss by Rs 11,533.26 crore to Rs 3,78,620.36 crore. The market valuation of TCS declined by Rs 7,153.45 crore to Rs 12,48,998.89 crore and that of HDFC declined by Rs 3,408.48 crore to Rs 3,86,636.58 crore. Contrary to this trend, Hindustan Unilever’s market position rose by Rs 10,514.42 crore to Rs 5,15,582.56 crore. Kotak Mahindra Bank’s market valuation stood at Rs 3,53,200.33 crore, up by Rs 1,231.33 crore.
Reliance remains on top even after breaking up
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, SBI, HDFC, Bharti Airtel and Kotak Mahindra Bank respectively.