Seven of the top 10 most valued companies lost 1,16,053.13 crore last week collectively amid a general downtrend in stocks. Reliance Industries was the worst affected among them. The Sensex lost 741.87 points or 1.26% last week amid a general weak trend in stocks

Last week, the Sensex lost 672 points or 1.15 percent.

Earlier, on September 25, seven of the top 10 most valued companies had lost 1,34,139.14.

According to the news agency PTIwhile Reliance Industries, HDFC Bank, ICICI Bank, SBI, Bharti Airtel, Bajaj Finance and HDFC were the laggards in the top 10, TCS, Hindustan Unilever and Infosys emerged as the winners.

Read also: Investors appetite for SIPs of robust mutual funds, affluents overcome 12k cr for 4 months straight

Reliance Industries’ valuation fell 41,706.05 million to achieve 16,08,601.05 million.

State Bank of India’s rating decreased by 17,313.74 million euros 4,73,941.51 million.

ICICI Bank’s market capitalization (mcap) has gone down 13,806.39 million euros 6,01,156.60 crore and that of HDFC Bank eroded by 13,423.6 million euros 7,92,270.97 million.

HDFC’s mcap has gone down 10,830.97 million euros 4,16,077.03 million and that of Bajaj Finance decreased by 10,240.83 million euros 4,44,236.73 million.

Bharti Airtel’s valuation has fallen 8,731.55 million euros 4,44,919.45 million.

However, Infosys’ market valuation jumped 20,144.57 million euros 5,94,608.11 million.

Tata Consultancy Services (TCS) has been added 7,976.74 million, bringing its valuation to 10,99,398.58 crores.

Hindustan Unilever’s mcap rose 4,123.53 million euros 6,33,649.52 crores.

Reliance Industries remained the most valued Indian company by market valuation, followed by TCS, HDFC Bank, Hindustan Unilever, ICICI Bank, Infosys, State Bank of India (SBI), Bharti Airtel, Bajaj Finance and HDFC.

(With PTI tickets)

Check out all the business news, market news, breaking events and latest news on Live Mint. Download Mint News app to get daily market updates.

More or less



Source link