The market cap of 6 out of the top 10 most valuable companies has come down by Rs 1,36,151.24 crore last week. Reliance Industries got the most shock. The stock market declined the sixth consecutive week. The BSE Sensex fell 742.12 points or 0.92 percent and NSE Nifty below 202.05 points or 0.82 percent. The market cap of Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Hindustan Unilever declined among the top 10 companies. At the same time, Tata Consultancy Services (TCS), State Bank of India, Life Insurance Corporation of India (LIC) and Bajaj finance were in benefits.
Last week, the market cap of Reliance Industries declined by Rs 34,710.8 crore to Rs 18,51,174.59 crore. Similarly, HDFC Bank’s market cap decreased Rs 29,722.04 crore to Rs 15,14,303.58 crore, ICICI Bank reduced Rs 24,719.45 crore to Rs 10,25,495.69 crore, Infosys reduced Rs 19,504.31 crore to Rs 5,91,423.02 crore, Bharati Aratellell’s Rs 5,91,423.02 crore, Bharati Aratellel crore Rs 15,02 crore The market cap of Rs 10,59,850.32 crore declined to Rs 12,441.09 crore to Rs 5,87,021.88 crore.
How much benefit the remaining 4 companies
On the other hand, LIC’s market cap increased by Rs 17,678.37 crore to Rs 5,77,187.67 crore. TCS market cap increased by Rs 11,360.8 crore to Rs 10,97,908.66 crore, State Bank of State Bank increased by Rs 9,784.46 crore to Rs 7,42,649.34 crore and Bajaj Finance’s market cap increased by Rs 186.43 crore to Rs 5,45,148.52 crore.
Reliance Industries remained on top in the list of Sensex’s top 10 companies. After that HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, LIC and Bajaj finance were ranked.
In the new week, on August 11, there will be shares of Essex Marine and BLT Logistics on BSE SME. On the same day, there will be a listing of Aaradhya Disposal, Parth Electricals, Bhadora Industries and Jyoti Global Plast on NSE SME. On August 12, the shares of the Highway Infrastructure in the mainboard segment will make their debut on BSE, NSE. On August 14, the listing of JSW Cement and All Time Plastics will be on BSE, NSE. On this day, the listing of Sawaliya Foods Products and Connplex Cinemas can be on NSE SME.
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.