Last week, the total market valuation (m-cap) of 8 of the country’s top-10 most valuable companies decreased by Rs 79,129.21 crore. Bajaj Finance and ICICI Bank suffered the most losses. Last week, BSE Sensex fell 444.71 points or 0.51 percent. Among the top-10 companies, only Reliance Industries and Larsen & Toubro remained profitable. Whereas the market cap of HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Life Insurance Corporation of India (LIC) declined.
Last week, the market cap of Bajaj Finance declined by Rs 19,289.7 crore to Rs 6,33,106.69 crore. Similarly, the market cap of ICICI Bank decreased by Rs 18,516.31 crore to Rs 9,76,668.15 crore, Bharti Airtel’s market cap decreased by Rs 13,884.63 crore to Rs 11,87,948.11 crore, State Bank of India decreased by Rs 7,846.02 crore to Rs 8,88,816.17 crore, Infosys’s market cap decreased by Rs 18,516.31 crore to Rs 8,88,816.17 crore. Rs 7,145.95 crore reduced to Rs 6,64,220.58 crore.
TCS The market cap of HDFC Bank declined by Rs 6,783.92 crore to Rs 11,65,078.45 crore, that of HDFC Bank declined by Rs 4,460.93 crore to Rs 15,38,558.71 crore and the market cap of LIC declined by Rs 1,201.75 crore to Rs 5,48,820.05 crore.
How much benefit will the remaining 2 companies get?
On the other hand, the market cap of Reliance Industries increased by Rs 20,434.03 crore to Rs 21,05,652.74 crore. Larsen & Toubro’s market cap increased by Rs 4,910.82 crore to Rs 5,60,370.38 crore. Last week, Reliance Industries remained the most valuable firm. It was followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Larsen & Toubro and LIC.
Wakefit Innovations and Corona Remedies are going to be listed on BSE and NSE in the new week on 15th December. KV Toys India, Prodocs Solutions and Riddhi Display Equipments may be listed on BSE SME on the same day. After this, shares of Nephrocare Health and Park Medi World can debut on BSE and NSE on 17th December. Shares of Unisem Agritech and Shipwaves Online may be listed on BSE SME on the same day. Pajson Agro India and HRS Aluglaze may be listed on BSE SME on December 18.
ICICI Prudential AMC is expected to be listed on BSE, NSE on December 19. Shares of Stanbik Agro on BSE SME, Exim Routes and Ashwini Container Movers on NSE SME can debut on the same day.
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