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 1.25 lakh crore after trading from Monday to Friday.
Among these, the biggest loss was suffered by Reliance Industries, the company with the highest market cap in the country, while Tata Consultancy Services (TCS) got the second place in terms of decline in market cap.
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 21 thousand crore. In terms of increase in market cap, State Bank of India (SBI) remained at the forefront, while ICICI Bank stood at the second position.
After this week’s trading, the market cap of Reliance Industries, Tata Consultancy Services (TCS), Bharti Airtel, Larsen & Toubro, Life Insurance Corporation of India (LIC), Bajaj Finance and Hindustan Unilever declined by Rs 1,25,670.23 crore.
On the other hand, the market cap of State Bank of India (SBI), ICICI Bank and HDFC Bank increased by Rs 21,278.42 crore.
After four days of trading between Monday and Friday, the market cap of Reliance Industries declined by Rs 39,718 crore to reach Rs 17,47,321.40 crore.
Similarly, the market cap of Tata Consultancy Services (TCS) fell by Rs 20,134.66 crore to Rs 7,95,346.09 crore.
Apart from this, the market cap of Bharti Airtel declined by Rs 18,736.04 crore to Rs 10,96,150.49 crore, the market cap of Larsen & Toubro (L&T) declined by Rs 16,880.20 crore to Rs 5,43,956.44 crore, the market cap of Life Insurance Corporation of India (LIC) slipped Rs 14,610.74 crore. Tax at the level of Rs 5,05,873.32 crore.
The market cap of Bajaj Finance declined by Rs 9,681.36 crore to Rs 5,53,580.97 crore and the market cap of Hindustan Unilever declined by Rs 5,909.23 crore to Rs 4,98,301.31 crore.
On the other hand, the market cap of State Bank of India (SBI) jumped by Rs 12,692.09 crore to Rs 9,02,523.63 crore. Similarly, the market cap of ICICI Bank increased by Rs 4,484.86 crore to reach the level of Rs 9,05,074.77 crore. Apart from this, the market cap of HDFC Bank jumped by Rs 4,101.47 crore to reach Rs 11,50,743.31 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 17,47,321.40 crore. After this, HDFC Bank (total market cap Rs 11,50,743.31 crore), Bharti Airtel (total market cap Rs 10,96,150.49 crore), ICICI Bank (total market cap Rs 9,05,074.77 crore).
State Bank of India (Total Market Cap Rs 9,02,523.63 Crore), TCS (Total Market Cap Rs 7,95,346.09 Crore), Bajaj Finance (Total Market Cap Rs 5,53,580.97 Crore), Larsen & Toubro (Total Market Cap Rs 5,43,956.44 Crore), Life Insurance Corporation of India (LIC) (Total Market Cap Rs 5,05,873.32 The names of Rs 10 crore) and Hindustan Unilever (total market cap Rs 4,98,301.31 crore) remained at the second to tenth position in the list of top 10 most valuable companies.
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