The stock market has been seeing a huge ups and downs in the stock market for some time and the last week has not been good for those investing in the stock market. From Reliance, TCS to HDFC Bank, all the legendary companies had to incur a strong loss. However, in the meantime, the country’s largest government bank SBI (SBI) made its investors earned and in just five business days, they made more than Rs 13000 crore.
Loss of six companies, 4 benefits
Last week, the 30 -share Sensex index (BSE Sensex) of the Bombay Stow Exchange fell by 742.74 points or 0.90% due to sluggishness in the stock market. Meanwhile, the market value of big companies declined and in terms of market cap, six of the top-10 companies of the Sensex suffered losses and their Rs 94,433.12 crore was destroyed, while four companies also worked to earn in investors in the falling market. These included SBI, Bajaj Finance, ICICI Bank and LIC.
TCS-Ril’s highest losses
TCS, a Tata Group company, was at the forefront of losing the most losses. TCS Market CAP reduced to Rs 27,334.65 crore to Rs 11.54 lakh crore in five days. At number two was the country’s richest man Mukesh Ambani -led firm Reliance Industries. RIL Market CAP fell to Rs 19.98 lakh crore with a decline of Rs 24,358.45 crore. The market value of HDFC Bank decreased by Rs 20,051.59 crore and it decreased to Rs 15 lakh crore.
Talking about other companies making your investors losses, telecom giant Bharti Airtel is also involved in this. Bharti Airtel MCAP fell by 11,888.89 crores to Rs 10.83 lakh crore, Hul Market CAP decreased to Rs 5.84 lakh crore with a decrease of 7,330.72 crore and the valuation of Infosys declined by Rs 3,468.82 crore to Rs 6.59 lakh crore.
Investors of these companies have fun
Now it is said that when investors of companies like Reliance-TCS suffered losses, in the meantime, which companies of Sensex were in which the money was made a lot of money. So the name of SBI comes at number one, whose market cap jumped to Rs 7.34 lakh crore and according to this, those investing in bank shares (Banking Share) printed Rs 13,208.44 crore in five days. Apart from this, the market value of Bajaj Finance increased by 5,282.15 crores to 5.85 lakh crore, ICICI Bank’s 3,095 crore increased by 10.18 lakh crore with an increase of 3,095 crore and LIC’s 506 crore to Rs 5.83 lakh crore.
Reliance dominated the top-10 list
Even though in the last week, Mukesh Ambani’s Reliance Industries suffered losses, but despite this, it is holding the first position in the list of the most valuable companies in the country. At the same time, in terms of market value, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hul, LIC number comes respectively.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)
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