The markets have been shutting down in the red mark in last eight sessions. This is the biggest drop in the market since mid-February.The total wealth of nine companies out of the country's 10 companies declined by about 1.60 lakh crore rupees. Indeed, in the last week, the market capitalization of these companies (market capitalization)
Just last week, only Tata Consultancy Services's shares got to be seen, due to which the company's market cap was raised. Last week, the BSE Sensex dipped 1,500.27 points or 3.85 per cent to close at 37,463 level.
Reliance Industries's valuation, seen in Reliance Industries (RIL), dropped by Rs 99,212.9 crore to Rs 7,92,680.96 crore. The company has also lost the title of being the biggest Indian company.
The BSE Sensex dipped 1,500.27 points or 3.85 per cent to close at 37,463 level.
HDFC Bank's market cap dipped by Rs 16,634 crore to Rs 6,25,874.51 crore. HDFC's valuation of the major home loan company declined by Rs 13,573.5 crore to Rs 3,32,435.38 crore.
Other heavyweights Private Bank, ICICI Bank's market capitalization went down to Rs 2,48,112.25 crore with a weakness of Rs 10,974.8 crore. ITC got Rs 7,232.6 crore in Marketakap. The valuation of the company was Rs 3,64,939.46 crore.
Just last week, only Tata Consultancy Services's shares got to be seen, due to which the company's market cap was raised. Last week, the BSE Sensex dipped 1,500.27 points or 3.85 per cent to close at 37,463 level.
Reliance Industries's valuation, seen in Reliance Industries (RIL), dropped by Rs 99,212.9 crore to Rs 7,92,680.96 crore. The company has also lost the title of being the biggest Indian company.
The BSE Sensex dipped 1,500.27 points or 3.85 per cent to close at 37,463 level.
HDFC Bank's market cap dipped by Rs 16,634 crore to Rs 6,25,874.51 crore. HDFC's valuation of the major home loan company declined by Rs 13,573.5 crore to Rs 3,32,435.38 crore.
Other heavyweights Private Bank, ICICI Bank's market capitalization went down to Rs 2,48,112.25 crore with a weakness of Rs 10,974.8 crore. ITC got Rs 7,232.6 crore in Marketakap. The valuation of the company was Rs 3,64,939.46 crore.
The market capitalization of top FMCG Hindustan Unilever (HUL) has decreased from Rs 1,233.88 crore to Rs 3,65,207.28 crore. State Bank of India (SBI)'s market cap decreased by Rs 981.71 crore to Rs 2,74,922.66 crore.
Reliance Industries is second and HDFC Bank is in third position. Hindustan Unilever and ITC are at fourth and fifth positions respectively. Sixth place HDFC and seventh place Infosys. The last three positions are State Bank of India, Kotak Mahindra Bank and ICICI Bank respectively.
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