Last week, when the Holi festival was celebrated all over the country, the market capitalization (MCAP) of 5 of the top 10 companies in the stock market-listed companies fell. Reliance, TCS, Infosys, Hindustan Unilever and SBI's market price fell by Rs 93,357.52 crore.
Which companies do the most disadvantages?
- Infosys MCAP dropped from Rs 44,226.62 crore to Rs 6,55,820.48 crore.
- The value of TCS dropped from Rs 35,800.98 crore to Rs 12,70,798.97 crore.
- Hindustan Unilever's MCAP dropped from Rs 6,567.11 crore to Rs 5,11,235.81 crore.
- The value of the SBI dropped from Rs 4,462.31 crore to Rs 6,49,489.22 crore.
- Reliance Industries' market value fell by Rs 2,300.50 crore and reached Rs 16,88,028.20 crore, yet it was the most valuable company in the country.
Which companies get the increase?
- ICICI Bank: Rs 25,459.16 crore increase (total MCAP: Rs 8,83,202.19 crore).
- HDFC Bank: Rs 12,591.60 crore increase (total MCAP: Rs 13,05,169.99 crore).
- ITC: Rs 10,073.34 crore increase (total MCAP: 5,15,366.68 crore).
- Bajaj Finance: Rs 911.22 crore increase (total MCAP: 5,21,892.47 crore).
- Bharti Airtel: Rs 798.30 crore increase (total MCAP: Rs 9,31,068.27 crore).
Sub-List of Top-10 Companies:
- Reliance Industries
- HDFC Bank
- Tcs
- Bharti Airtel
- ICICI Bank
- Infosys
- Sbi
- Bajaj Finance
- ITC
- Hindustan Unilever
Why the stock market downturn?
Last week, the BSE Sensex fell 503.67 points (0.68%), while the NSE Nifty fell 155.3 points (0.69%). The main cause of this reduction is the increasing uncertainty and pressure of international recession in the market.
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