Bad news for Infosys as Narayana Murthy’s company loses Rs 44227 crore due to…., ICICI Bank….
GH News March 15, 2025 08:06 PM
In terms of market valuation the market value of 5 of the 10 largest companies of the country has decreased by Rs 93358 crore in this weeks trading. Infosys was the top loser during this period. The companys market cap has decreased by Rs 44227 crore to Rs 6.56 lakh crore. Last week its value was Rs 7 lakh crore. Apart from Infosys Tata Consultancy Services (TCS) lost Rs 35801 crore Hindustan Unilever (HUL) lost Rs 6567 crore SBI lost Rs 4462 crore and Reliance lost Rs 2301 crore in market cap. ICICI Banks value increased by ₹25459 crore ICICI Bank shares were bought the most during the weeks trading. The market cap of the private sector bank increased by ₹ 25459 crores to ₹ 8.83 lakh crores. Similarly the value of HDFC Bank increased by ₹ 12592 crores to ₹ 13.05 lakh crores. Apart from this shares of ITC Bajaj Finance and Airtel were also sold more. The stock market fell 504 points this week Benchmark BSE Sensex reversed its early gains to close lower by 200 points on Thursday marking its fifth straight session of losses due to selling in realty IT and auto counters. The 30-share BSE Sensex declined by 200.85 points or 0.27 per cent to close at 73828.91 with 22 of its constituents ending lower and eight with gains. The index opened higher and hit a high of 74401.11 in the late morning session. However it failed to hold onto gains due to persistent selling in select bluechips and shed 259.17 points or 0.35 per cent to hit a low of 73770.59 later. The NSE Nifty fell 73.30 points or 0.33 per cent to settle at 22397.20. In the session the benchmark declined by 93.15 points or 0.41 per cent to hit an intraday low of 22377.35.
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