Impact of market decline, market caps of top companies fell drastically; Loss of Rs 64,734 crore

Impact of market decline, market caps of top companies fell drastically; Loss of Rs 64,734 crore


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Sensex Top Companies Market Cap Loss: Even though the stock market opened only for three days last week, its impact was clearly visible on the big companies of the country. A fall of about 260 points was recorded in BSE Sensex. At the same time, the market cap of 6 out of the top 10 most valuable companies of Sensex overall decreased by about Rs 64,734 crore.

During this period, shares of Bharti Airtel suffered the most loss. Whose value decreased by about Rs 30 thousand crores. However, amidst this decline, 4 companies also remained profitable. Let us know which companies have suffered how much loss?

Decline in market value of these companies

Talking about the figures of this fall in the market, the value of Bharti Airtel decreased by about Rs 29,993 crore to Rs 10,20,420 crore. At the same time, the market cap of ICICI Bank decreased by about Rs 12,845 crore to Rs 8,70,705 crore. Besides, shares of Bajaj Finance also slipped. A decrease of Rs 11,169 crore was recorded in company shares.

Apart from this, the market cap of HDFC Bank decreased by about Rs 7,822 crore. While a decline was also seen in the stocks of Hindustan Unilever and State Bank of India. It is clear from these figures that even in a short week of market, big companies have suffered huge losses.

Shares of these companies shined

Despite the fluctuations in the market, there was a good increase in the market cap of some companies. The value of Tata Consultancy Services increased by Rs 22,359.78 crore to reach Rs 8,87,028.43 crore. At the same time, the market cap of Infosys increased by Rs 12,374.76 crore to reach Rs 5,27,409.43 crore.

During the same period, a gain of Rs 6,575.43 crore was recorded in Larsen & Toubro. Due to which the market cap of the company became Rs 4,97,111.62 crore. Also, the market cap of Reliance Industries increased by Rs 3,518.45 crore to reach Rs 18,28,034.07 crore. Which shows the strength of these companies during this period.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read: Amidst the market turmoil, this stock ran like a rocket, gave a return of 265%; Investors had fun



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