Dalal Street burnt in the fire of Middle East war! 7 out of top 10 big companies embezzle ₹1.75 lakh crore
Sensex Top-10 Companies Market Cap: The effect of tension in the Middle East is also visible on the Indian stock market. Last week, the market cap of seven out of the top 10 companies of the country has decreased by Rs 1.75 lakh crore. The Indian stock market witnessed a decline between 23-27 March. During this period, Nifty fell 1.28 percent or 294.90 points to close at 22,819.60 and Sensex fell 1.27 percent or 949.74 points to close at 73,583.22.
Companies in the top-10 whose market cap has seen a decline. They include Reliance Industries, HDFC Bank, State Bank of India, ICICI Bank, Bharti Airtel, Hindustan Unilever Limited and Tata Consultancy Services. At the same time, an increase was seen in the market cap of L&T, Bajaj Finance and Infosys.
Reliance suffered a loss of Rs 89,720.3 crore
The market cap of Reliance Industries has declined by Rs 89,720.3 crore to Rs 18,24,515.62 crore. The market cap of HDFC Bank has declined by Rs 37,248.59 crore to Rs 11,64,018.69 crore. The market capitalization of State Bank of India declined by Rs 35,399.42 crore to Rs 9,41,569.15 crore. The market cap of ICICI Bank declined by Rs 8,121.76 crore to Rs 8,83,551.30 crore.
Bharti Airtel’s market cap also fell
In the last trading week, the market capitalization of Bharti Airtel has decreased by Rs 2,480.42 crore to Rs 10,50,413.33 crore. The market cap of Hindustan Unilever has decreased by Rs 2,091.13 crore to Rs 4,87,540.19 crore. The market capitalization of Tata Consultancy Services declined by Rs 271.35 crore to Rs 8,64,668.65 crore.
Bumper jump in L&T’s earnings
On the other hand, the market cap of L&T increased by Rs 18,051.68 crore to Rs 4,90,536.19 crore. The market cap of Bajaj Finance increased by Rs 8,680.36 crore to Rs 5,25,395.48 crore and the market capitalization of Infosys increased by Rs 6,245.3 crore to Rs 5,15,034.67 crore.
This week also the most valuable company of the country was Reliance Industries. It is followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Infosys, L&T and Hindustan Unilever Limited.
Also read: Share Market Outlook: How will the market be on Monday amidst the Middle East crisis, these factors will decide the movement of the market.
How will the market be next week?
indian stock market Next week will be very important for. During this time, the new financial year (2026-27) will start from April 1. At the same time, the movement of the stock market will be determined by auto sales, GST data, crude oil price, FII trends and tension in the Middle East. On April 1, all companies will release auto sales data and the government will present GST collection data, which will provide information about the demand situation in the economy. This will decide the movement of the market.
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