M-cap of 10 valuable companies: On the go of the month of August, the 8 most valuable companies in the country gave a big blow. The last businessman of the month was a harm to the stock market. On August 29, the Sensex slipped 271 points to close at 79810, while the Nifty also fell 74 points to close at 24427.

The Sensex has declined by 1826 points in this whole week. The Nifty also recorded a decline of 540 points. It also affected the market cap of many big companies of the country. The market cap of 8 companies out of the 10 most valuable companies listed in the stock market declined by Rs 2,24,630.45 crore during this period. Among them, Reliance Industries and HDFC Bank suffered the most loss.

Reliance loss of more than 70 thousand crores

Among these top 10 companies, the market cap of Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Life Insurance Corporation of India (LIC) declined, while Tata Consultancy Services (TCS) and Hindustan Unilever have benefited. The market cap of Reliance Industries has come down by Rs 70,707.17 crore to Rs 18,36,424.20 crore. HDFC Bank’s valuation has also come down by Rs 47,482.49 crore to Rs 14,60,863.90 crore.

Market cap of these companies also decreased

Similarly, the valuation of ICICI Bank has come down by Rs 27,135.23 crore to Rs 9,98,290.96 crore and Bharti Airtel’s market cap has come down by Rs 24,946.71 crore to Rs 10,77,213.23 crore. LIC also reduced the valuation of Rs 23,655.49 crore to Rs 5,39,047.93 crore and the valuation of State Bank of India has come down by Rs 12,692.1 crore to Rs 7,40,618.60 crore.

During this time, Bajaj Finance has also been damaged. Its market cap has come down by Rs 10,471.08 crore to Rs 5,45,490.31 crore. Similarly, the market cap of Infosys has been reduced to Rs 6,10,463.94 crore with a loss of Rs 7,540.18 crore.

TCS benefited so much crores

TCS and Hindustan Unilever alone have benefited. Where the market valuation of TCS increased by Rs 11,125.62 crore to Rs 11,15,962.91 crore. At the same time, the valuation of Hindustan Unilever increased by Rs 7,318.98 crore to Rs 6,24,991.28 crore.

However, despite such a big loss, Reliance Industries is still at number one in the list of most valuable companies. This is followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Hindustan Unilever, Infosys, Bajaj Finance and LIC.

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Many companies of the country suffered losses due to the decline in the Indian stock market last week. Alam was that out of the ten most valuable companies, the total market cap of seven companies fell by 1.35 lakh crores. Tata Consultancy Services (TCS) tops. Last week, the BSE benchmark index recorded a decline of 863.18 points or 1.05 percent.

These companies also suffered a huge loss

The market cap of TCS, Bharti Airtel, ICICI Bank, State Bank of India (SBI), Infosys, Life Insurance Corporation of India (LIC) and Bajaj Finance has reduced by 1,35,349.93 crores in total. In contrast, the market cap of Reliance Industries, HDFC Bank and Hindustan Unilever bounced. Both companies collectively got a profit of Rs 39,989.72 crore.

Loss of crores

During this period, the valuation of TCS declined 47,487.4 crore to 10,86,547.86 crore. Bharti Airtel’s market capital declined by 29,936.06 crores to 10,74,903.87 crore, while Bajaj Finance’s market capital declined by 22,806.44 crores to 5,44,962.09 crore. Infosys also suffered a loss of 18,694.23 crores, causing its valuation to 6,10,927.33 crore.

Their decline in market cap too

In this way, the market cap of SBI also declined by 11,584.43 crores to 7,32,864.88 crore. The valuation of ICICI Bank declined by 3,608 crores to 10,50,215.14 crore and LIC’s valuation declined by 1,233.37 crores to 5,59,509.30 crore.

These companies cut off

On the other hand, the market cap of Hindustan Unilever increased by 32,013.18 crores to 5,99,462.97 crore. HDFC Bank’s market cap increased by 5,946.67 crores to 15,44,025.62 crore, while Reliance Industries valuations increased by 2,029.87 crores to 18,85,885.39 crore. Reliance Industries topped the market value. After this, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, Hindustan Unilever, LIC and Bajaj Finance were ranked.

Sharp decline in stock market

Let us know that on the last trading day of last week, there was a huge decline in the stock market on Friday. Dalal Street closed with red mark due to the weak signals of the global market and frequent selling of foreign investors.

At the end of the trading, the BSE Sensex broke down 585.67 points or 0.72 % to close at 80,599.91, while the Nifty had fallen by 203 points or 0.83 percent and closed at a level of 24,565.35. During this time, there was also a decline of up to 5 percent in shares of veteran companies like Pharma, Pharma Stock and ONGC and Tata Steel like Dr. Reddy’s Lab, Cipla.

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