The previous week proved to be very bad for stock market investors. Due to the increased struggle between Israel and Iran, there was such a earthquake in the market that in just five days, an amount of Rs 1.65 lakh crore of investors was submerged. The BSE Sensex declined by 1070.39 points or 1.30 per cent and the market captivanation (market CAP) of 8 of its top-10 valuable companies declined. Meanwhile, HDFC Bank, the biggest private sector, got the biggest shock.
Sensex lost 8 companies in 10
The market cap of eight companies of the Sensex Top-10 firms slipped due to the decline in the stock market last week. These include Reliance Industries, HDFC Bank (HDFC Bank), Bharti Airtel, ICICI Bank, ICICI Bank, State Bank of India (SBI), Life Insurance Corporation of India (LIC), Bajaj Finance and Hindustan Unhiver Limited (HUL). At the same time, in the falling market, IT companies rocked the TCS of Tata Group as well as the market value of Infosys.
Loss to HDFC to RIL
Last week, HDFC bank was at number one in the first number for investors for investors and its market value was reduced to Rs 14,68,777.88 crore. According to this, 47,075.97 crores of HDFC Bank Investors were destroyed in just five days. After this, ICICI Bank’s MCAP declined to Rs 10,10,375.63 crore to Rs 10,10,375.63 crore. Mukesh Ambani led by Reliance Industries led by Mukesh Ambani came to Rs 21,516.63 crore and it came down to Rs 19,31,963.46 crore. With this, the State Bank of India’s market cap declined by Rs 18,250.85 crore to Rs 7,07,186.89 crore.
These companies also suffered losses
Hul Market CAP of Hindustan Unilever Limited declined by Rs 16,388.4 crore to Rs 5,44,893.71 crore, while Bharti Airtel’s value declined by Rs 15,481.22 crore to Rs 10,50,413.333 crore and LIC reduced with a decline of Rs 13,693.62 crore to Rs. The rupee left. Apart from this, Bajaj Finance Market Cap of Bajaj Finance declined by Rs 2,417.36 crore to Rs 5,80,052.09 crore.
TCS and Infosys earned
While eight legendary companies lost a loss and a large amount was sinking, the investors of companies who came in the stock market also had fun. Yes, Tata Group’s IT company Tata Consultancy Services i.e. TCS’s market cap increased by Rs 22,215.06 crore to Rs 12,47,190.95 crore, while the country’s second largest IT firm Infosys’s MARKET CAP (Infosys Market Cap) increased by Rs. It is Rs.
Reliance number-1 in Top-10
Even though Mukesh Ambani’s Reliance Industries have suffered a strong loss last week, but according to the market value, its dominance in the list of Top-10 companies of the country remained on the chair of number-1. This was followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Bajaj Finance and Hindustan Unilever Limited.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)