Big blow to Mukesh Ambani’s Reliance, Rs 35,116.76 crore lost in a week; Know the real reason

Sensex Top-10 Company Market Cap: Due to the positive sentiment of investors in the Indian stock market, the market cap of five top-10 companies has seen an increase of Rs 72,284.74 crore last week. In this, the sharpest jump has been seen in the valuation of Tata Group’s IT company Tata Consultancy Services (TCS).

Companies in the top-10 whose market cap has seen an increase. The names of Bharti Airtel, TCS, ICICI Bank, Infosys and Bajaj Finance are included among them. On the other hand, a decline has been recorded in the market cap of Reliance Industries, HDFC Bank, State Bank of India, L&T, Life Insurance Corporation of India (LIC).

Highest increase in market cap of TCS

The market capitalization of TCS increased the most by Rs 35,909.52 crore to Rs 11,71,862.37 crore. There has been a sharp jump in the market valuation of Infosys and its market capitalization increased by Rs 23,404.55 crore to Rs 6,71,366.53 crore. The market capitalization of Bajaj Finance increased by Rs 6,720.28 crore and its market capitalization stood at Rs 6,52,396.39 crore.

Valuation of Reliance Industries reduced

Bharti Airtel’s market capitalization has increased by Rs 3,791.9 crore to Rs 12,01,832.74 crore. There was a marginal increase of Rs 2,458.49 crore in the market capitalization of ICICI Bank and its market capitalization stood at Rs 9,95,184.46 crore. On the other hand, the market capitalization of Reliance Industries declined by Rs 35,116.76 crore to Rs 20,85,218.71 crore.

SBI’s market capitalization reduced by Rs 7,522.96 crore

The market capitalization of LIC declined by Rs 15,559.49 crore to Rs 5,50,021.80 crore, the market capitalization of State Bank of India (SBI) declined by Rs 7,522.96 crore to Rs 8,96,662.19 crore and the market capitalization of HDFC Bank declined by Rs 5,724.03 crore to Rs 15,43,019.64 crore. It is done. The market capitalization of L&T declined by Rs 4,185.39 crore to Rs 5,55,459.56 crore.

Also read: Share Market: Bullish trend or big fall, how will be the share market on Monday; Know expert opinion

Next week is very important for the stock market

Next week is going to be very important for the Indian stock market. Dearness, mutual fundFII and domestic and global economic data will decide the market trend. Apart from this, the strengthening relations between India and Russia and America-India Investors will keep an eye on the possible trade between the two next week.