Market cap of 6 out of the top 10 Sensex companies fell, HDFC Bank suffered the most
Sensex: Market cap of 6 companies out of top 10 declined
- Market capitalization of six of the top 10 Sensex companies declined by Rs 76,640.54 crore
- The 30-share Sensex of BSE had lost 164.26 points last week.
New Delhi: The market capitalization (market cap) of six of the top 10 Sensex companies collectively declined by Rs 76,640.54 crore last week. HDFC Bank was the biggest loser. The 30-share BSE Sensex fell 164.26 points or 0.30 per cent last week. Among the top 10 companies, the market valuation of Reliance Industries, HDFC Bank, Hindustan Unilever Ltd., HDFC, State Bank of India and Kotak Mahindra Bank declined.
Big loss to HDFC
HDFC Bank’s market capitalization declined by Rs 43,578.18 crore to Rs 7,97,422.67 crore in the week under review. Hindustan Unilever’s market position declined by Rs 13,004.97 crore to Rs 5,54,326.75 crore. HDFC’s market valuation declined by Rs 9,543.39 crore to Rs 4,48,566.27 crore and that of Kotak Mahindra Bank declined by Rs 5,392.88 crore to Rs 3,41,634.86 crore.
During the week, the market capitalization of Reliance Industries declined by Rs 4,184.03 crore to Rs 13,34,579.57 crore and that of SBI declined by Rs 937.09 crore to Rs 3,82,999.70 crore. Contrary to this trend, the market valuation of Infosys rose by Rs 15,055.86 crore to Rs 6,77,343.70 crore. ICICI Bank’s market position rose by Rs 11,370.14 crore to Rs 4,68,639.08 crore and that of Tata Consultancy Services (TCS) rose by Rs 6,436.35 crore to Rs 11,88,153.80 crore.
The market valuation of Bajaj Finance climbed Rs 3,190 crore to Rs 3,73,000.18 crore. In the list of top 10 companies, Reliance Industries retained the first position. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, SBI, Bajaj Finance and Kotak Mahindra Bank respectively.
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