Market cap of most valued companies declined by Rs 1.75 lakh crore, Reliance suffered more loss

New Delhi. Due to buying and selling in the domestic stock market during the last trading week, the market cap of seven companies included in the top 10 most valued companies of the country declined, while the market cap of three companies increased.

The market cap of seven of these top ten companies declined by more than Rs 1.75 lakh crore after trading from Monday to Friday.

Among these, Reliance Industries suffered the most loss, while HDFC Bank stood second in terms of losses.

On the other hand, the market cap of the remaining three companies included in the top 10 most valued companies increased by more than Rs 32 thousand crore after last week’s trading.

Among these, Larsen & Toubro got the most profit, while Bajaj Finance stood second in terms of profit. Due to last week’s ups and downs, Life Insurance Corporation of India (LIC) dropped out of the list of top 10 most valued companies, while Larsen & Toubro once again made its place in the list.

After this week’s trading, the market cap of Reliance Industries, HDFC Bank, State Bank of India (SBI), ICICI Bank, Bharti Airtel, Hindustan Unilever and Tata Consultancy Services (TCS) declined by Rs 1,75,332.97 crore.

On the other hand, the market cap of Larsen & Toubro, Bajaj Finance and Infosys increased by Rs 32,977.34 crore. During the trading period between March 16 and March 20, the market cap of Reliance Industries declined by Rs 89,720.30 crore to Rs 18,24,515.62 crore.

Similarly, the market cap of HDFC Bank fell by Rs 37,248.59 crore to Rs 11,64,018.69 crore. Apart from this, the market cap of State Bank of India (SBI) declined by Rs 35,399.42 crore and reached the level of Rs 9,41,569.15 crore.

Similarly, the market cap of ICICI Bank decreased by Rs 8,121.76 crore to Rs 8,83,551.30 crore, the market cap of Bharti Airtel slipped by Rs 2,480.42 crore to Rs 10,50,413.33 crore.

The market cap of Hindustan Unilever declined by Rs 2,091.13 crore to Rs 4,87,540.19 crore and the market cap of Tata Consultancy Services (TCS) declined by Rs 271.35 crore to Rs 8,64,668.65 crore.

On the other hand, the market cap of Larsen & Toubro increased by Rs 18,051.68 crore to reach Rs 4,90,536.19 crore.

Similarly, the market cap of Bajaj Finance increased by Rs 8,680.36 crore to Rs 5,25,395.48 crore and the market cap of Infosys increased by Rs 6,245.30 crore to Rs 5,15,034.67 crore.

In terms of market cap, Reliance Industries was the company with the highest market cap in the country with a market capitalization (market cap) of Rs 18,24,515.62 crore.

This is followed by HDFC Bank (total market cap Rs 11,64,018.69 crore), Bharti Airtel (total market cap Rs 10,50,413.33 crore), State Bank of India (total market cap Rs 9,41,569.15 crore), ICICI Bank (total market cap Rs 8,83,551.30 crore).

TCS (total market cap Rs 8,64,668.65 crore), Bajaj Finance (total market cap Rs 5,25,395.48 crore), Infosys (total market cap Rs 5,15,034.67 crore), Larsen & Toubro (total market cap Rs 4,90,536.19 crore).

Hindustan Unilever (total market cap Rs 4,87,540.19 crore) remained at the second to tenth position in the list of top 10 most valuable companies.