Market Cap: The market capitalization (market cap) of five of the top 10 Sensex companies declined collectively by Rs 86,447.12 crore last week. Infosys, Tata Consultancy Services (TCS) and State Bank of India (SBI) were the biggest losers. Last week, the 30-share BSE Sensex lost 462.8 points or 0.79 per cent.
5 companies were in profit – 5 were in loss
The market capitalization of Reliance Industries, TCS, HDFC Bank, Infosys and SBI declined in the week under review, while the market capitalization of ICICI Bank, Hindustan Unilever, ITC, HDFC and Bharti Airtel increased.
The market cap of Infosys, SBI, TCS decreased so much
Last week, the market capitalization of Infosys decreased by Rs 25,217.2 crore to Rs 5,72,687.97 crore. The market capitalization of SBI declined by Rs 21,062.08 crore and stood at Rs 4,51,228.38 crore. TCS’ market cap declined by Rs 21,039.55 crore to Rs 11,42,154.59 crore.
Reliance Industries, HDFC Bank’s m-cap also decreased
The market capitalization of Reliance Industries declined by Rs 13,226.53 crore to Rs 14,90,775.40 crore and that of HDFC Bank declined by Rs 5,901.76 crore to Rs 8,71,416.33 crore.
The market cap of these companies increased
Contrary to this trend, the market capitalization of ICICI Bank increased by Rs 10,905.18 crore to reach Rs 5,94,888.25 crore. The market capitalization of Hindustan Unilever rose by Rs 7,542.19 crore to Rs 5,82,816.11 crore and that of ITC rose by Rs 3,664.01 crore to Rs 4,70,360.22 crore. The market capitalization of Bharti Airtel increased by Rs 2,787.57 crore and stood at Rs 4,24,964.64 crore. The market capitalization of HDFC rose by Rs 384.89 crore to Rs 4,69,845.34 crore.
Reliance Industries topped
Reliance Industries retained the first position in the top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, ITC, HDFC, SBI and Bharti Airtel respectively.
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