If you also earn from share, then this news can be of your use. Actually, the selling phase in the stock market is still going on. So far, foreign investors have withdrawn about 1.42 lakh crore rupees from the Indian market in this year. After 2022, this is the biggest selling made through foreign directors so far. In this, the top-10 companies have suffered a lot while the market status of 5 companies has increased.
According to BSE data, market capitalization (market cap) of five of the Sensex's top 10 companies collectively fell by Rs 93,357.52 crore in the domestic stock markets. The highest loss has been done to IT sector's legendary companies Infosys and Tata Consultancy Services (TCS).
Last week, the 30 -share Sensex of BSE came down 503.67 points. At the same time, the National Stock Exchange's Nifty lost 155.3 points. The stock markets were closed on Friday on the occasion of Holi. In such a situation, the top 5 companies have suffered a big loss in the stock market in 4 business days. The market evaluation of Infosys, Tata Consultancy Services, Hindustan Unilever, State Bank of India (SBI) and Reliance Industries declined in the week under review. The market capitalization of ICICI Bank, HDFC Bank, ITC, Bajaj Finance and Bharti Airtel went down.
The market evaluation of these five companies collectively increased by Rs 49,833.62 crore. In the week under review, the market capitalization of Infosys declined by Rs 44,226.62 crore to Rs 6,55,820.48 crore. The evaluation of TCS declined by Rs 35,800.98 crore to Rs 12,70,798.97 crore. It moved to third place in the list of top 10 companies. The market status of Hindustan Unilever declined by Rs 6,567.11 crore to Rs 5,11,235.81 crore. The evaluation of SBI declined by Rs 4,462.31 crore to Rs 6,49,489.22 crore. The evaluation of Reliance Industries declined by Rs 2,300.50 crore and came down to Rs 16,88,028.20 crore.
Unlike this stance, ICICI Bank's market status increased by Rs 25,459.16 crore to Rs 8,83,202.19 crore. HDFC Bank's market assessment increased by Rs 12,591.60 crore to Rs 13,05,169.99 crore. The market capitalization of ITC increased by Rs 10,073.34 crore to Rs 5,15,366.68 crore. The evaluation of Bajaj Finance increased by Rs 911.22 crore to Rs 5,21,892.47 crore and Bharti Airtel's rise of Rs 798.30 crore to Rs 9,31,068.27 crore.
Reliance Industries stood first in the list of top 10 companies. Thereafter, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, ITC and Hindustan Unile, respectively.
