The past week has been quite turbulent not only for India but also for the stock markets around the world. Talking about the country, the market value of 8 out of the top 10 most valuable companies of the Bombay Stock Exchange (BSE) index Sensex has fallen sharply. But even in the meantime, the country’s largest private sector bank HDFC Bank did wonders and investors who invested in its shares earned about Rs 32,000 crore in just 5 days. Let’s know how?
TCS and Infosys suffer huge losses
The market cap of eight of the top 10 most valuable companies of Sensex fell sharply last week and their market cap fell by a combined Rs 1,28,913.5 crore. During this period, the biggest losers in the stock market were Tata Group’s IT giant TCS and the country’s second largest IT company Infosys. Apart from this, the market value of Reliance, ITC, SBI and Airtel has decreased. Last week, the 30-share BSE Sensex fell 350.77 points or 0.43 percent.
These 8 companies lost their money
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| company | Loss | Total Market Cap |
| TCS | Rs 37,971.83 crore | Rs 15,49,626.88 crore |
| Infosys | Rs 23,811.88 crore | Rs 7,56,250.47 crore |
| ITC | Rs 16,619.51 crore | Rs 6,11,423.11 crore |
| State Bank Of India | Rs 13,431.54 crore | Rs 7,56,717.85 crore |
| Reliance | Rs 13,125.49 crore | Rs 20,28,695.57 crore |
| Bharti Airtel | Rs 11,821.5 crore | Rs 8,50,389.88 crore |
| ICICI Bank | Rs 7,843.75 crore | Rs 8,42,176.78 crore |
| their | Rs 4,288 crore | Rs 6,32,862.41 crore |
HDFC Bank investors are having a great time
On one hand, the market capitalization of these top-8 companies of Sensex has decreased in the last week. On the other hand, those who invested in HDFC Bank shares had a great time. The market value of the bank increased by Rs 32,759.37 crore and reached Rs 12,63,601.40 crore. Apart from this, the country’s largest life insurance company LIC also did wonders. LIC Market Cap increased by Rs 1,075.25 crore in five days and reached Rs 7,47,677.98 crore.
Reliance on top even after loss
Even though the market cap of Reliance Industries Limited, led by Asia’s richest man Mukesh Ambani, has declined, RIL’s dominance in the list of top-10 valuable companies remains intact and it occupies the number one position. It was followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Hindustan Unilever and ITC respectively.
(Note- Before making any kind of investment in the stock market, please take advice from your market experts.)
Source (PTI) (NDTV) (HINDUSTANTIMES)