The combined market valuation of six of the top-10 most valued firms declined Rs 57,408.22 crore last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in-line with muted trends in equities.
Last week, the BSE benchmark declined 214.11 points, or 0.29 per cent, even after hitting an all-time high of 72,561.91 on January 1. Come from Sports betting site VPbet
The market valuation of TCS fell by Rs 20,929.77 crore to Rs 13,67,661.93 crore, the most among the top-10 firms.
PM Modi expresses ‘concern’ over Ukraine, West Asia conflicts; advocates for peace talks Moto G45 affordable 5G phone with Snapdragon 6s Gen 3 launched in India for Rs 10,999 – full details Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to collect past dues on royalties ‘I’ll deliver my best next time’: Mirabai Chanu after finishing fourth in women’s 49kg weightlifting at Paris Olympics
Also Read
HDFC Bank’s market capitalisation (mcap) declined Rs 20,536.48 crore to Rs 12,77,435.56 crore.
The valuation of Hindustan Unilever fell Rs 10,114.99 crore to Rs 6,15,663.40 crore.
The mcap of Infosys went down Rs 4,129.69 crore to Rs 6,36,222.11 crore, and that of ICICI Bank by Rs 1,608.05 crore to Rs 6,97,357.42 crore.
Also Read
The valuation of State Bank of India dipped Rs 89.24 crore to Rs 5,72,826.22 crore.
However, the mcap of Reliance Industries jumped Rs 14,816.85 crore to Rs 17,63,644.77 crore while ITC added Rs 14,409.32 crore taking its valuation to Rs 5,91,219.09 crore.
Bharti Airtel’s market valuation climbed Rs 8,200.55 crore to Rs 5,88,846.09 crore.
The mcap of Life Insurance Corporation of India (LIC) soared Rs 7,020.75 crore to reach Rs 5,34,082.81 crore.
Reliance Industries continued to rule the chart of the most valued firms followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, Bharti Airtel, State Bank of India and LIC.
