By Admin 
Market Valuation: The decline in the Indian stock market last week also affected the market cap of the top 10 value companies in the country. The market cap of six of these companies has decreased by Rs 1,36,151.24 crore. Reliance Industries has suffered the most. The BSE Sensex closed down the sixth consecutive week. On Friday, the BSE Sensex closed down by 742.12 points or 0.92 percent and the NSE Nifty recorded a decline of 202.05 points or 0.82 %.
Loss to these companies
Due to this decline in the stock market, the market cap of Reliance Industries declined by Rs 34,710.8 crore to Rs 18,51,174.59 crore. At the same time, HDFC Bank also suffered a loss of 29,722.04 crores and with this its market cap was reduced to Rs 15,14,303.58 crore.
The market cap of ICICI Bank has also come down by Rs 24,719.45 crore and with this its valuation has now been reduced to Rs 10,25,495.69 crore. The market cap of Infosys was reduced to Rs 5,91,423.02 crore with a loss of 19,504.31 crore. Bharti Airtel’s market cap is now 10,59,850.32 crore with a loss of 15,053.55 crore. At the same time, the market cap of Hindustan Unilever has now been reduced to Rs 5,87,021.88 crore with a loss of Rs 12,441.09 crore.
These companies were in profit
During this time some companies have also made profits. The market cap of Life Insurance Corporation of India (LIC) has increased by Rs 17,678.37 crore to Rs 5,77,187.67 crore. The market cap of Tata Consultancy Services (TCS) has also increased by Rs 11,360.8 crore and now it is Rs 10,97,908.66 crore.
State Bank of India (SBI) has also added Rs 9,784.46 crore to its market cap and now its valuation is Rs 7,42,649.34 crore. Similarly, the market capitalization of Bajaj Finance has increased by Rs 186.43 crore to Rs 5,45,148.52 crore.
However, even after a huge loss of Rs 34,710.8 crore, Reliance Industries is at the top of the list of the most valuable companies. After this, the list includes HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Hindustan Unilever, LIC and Bajaj Finance.