The market cap of 6 of the top 10 companies of the Sensex decreased by Rs 1,02,779.4 crore in total last week. Reliance Industries (RIL) suffered the most. Apart from this, MCAP of Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HCL Technologies and Bharti Airtel also declined. On the other hand, the market cap of Hindustan Unilever Limited, Infosys, HDFC and Kotak Mahindra Bank increased last week.
RIL’s market capitalization declined by Rs 39,355.06 crore last week to Rs 14,71,081.28 crore. Similarly, TCS’s MCAP fell by Rs 19,681.25 crore to Rs 10,36,596.28 crore, HDFC Bank fell by Rs 19,097.85 crore to Rs 6,59,894.13 crore, Bharti Airtel fell by Rs 12,875.11 crore to Rs 2,19,067.91 crore, HCL Technologies fell by Rs 7,842.49 crore to Rs 2, 24,447.24 crore and ICICI Bank’s market cap fell by Rs 3,927.64 crore to Rs 2,73,075.43 crore.
In contrast to this trend, Infosys’ market capitalization rose by Rs 8,540.12 crore to Rs 4,80,291.25 crore, Kotak Mahindra Bank increased by Rs 3,290.64 crore to Rs 2,64,555.97 crore, Hindustan Unilever Ltd. increased by Rs 2,795.97 crore to Rs 5,05,330.81 crore and HDFC’s 502.83 crore. The rupee rose to Rs 3,51,986.24 crore.
Talking about the ranking, RIL remains in the number one position in the top 10 list. It was followed by TCS, HDFC Bank, HUL, Infosys, HDFC, ICICI Bank, Kotak Mahindra Bank, HCL Technologies and Bharti Airtel.