stock market last week There was a decline. Reliance investors had to bear the biggest loss due to this. Investors lost Rs 74,969 crore due to the fall in Reliance’s market cap. Let us tell you that last week the combined market capitalization of four of the country’s 10 most valuable companies declined by Rs 1,25,397.45 crore. Last week, the BSE Sensex fell 428.87 points or 0.55 per cent, and the Nifty fell 111 points or 0.47 per cent. The market valuation of Reliance Industries declined by Rs 74,969.35 crore to Rs 16,85,998.34 crore.
LIC also disappointed
The valuation of Life Insurance Corporation of India (LICI) declined by Rs 21,251.99 crore to Rs 5,19,472.06 crore. State Bank of India’s valuation declined by Rs 17,626.13 crore to Rs 6,64,304.09 crore and ICICI Bank’s valuation declined by Rs 11,549.98 crore to Rs 8,53,945.19 crore. On the other hand, the market capitalization of Infosys increased by Rs 24,934.38 crore to Rs 7,78,612.76 crore. HDFC Bank added Rs 9,828.08 crore, taking its valuation to Rs 12,61,627.89 crore.
Earnings for Airtel investors
The market valuation of Bharti Airtel rose by Rs 9,398.89 crore to Rs 9,36,413.86 crore and that of Tata Consultancy Services (TCS) rose by Rs 9,262.3 crore to Rs 15,01,976.67 crore. Apart from this, market capitalization of Hindustan Unilever and ITC also increased. Reliance Industries remains the most valuable company in the country in terms of market capitalization. This was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, ITC and LIC.
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