Market cap of Sensex top companies reduced by Rs 81,148 crore. - ShareHub

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Monday, January 27, 2020

Market cap of Sensex top companies reduced by Rs 81,148 crore.


Market cap of Sensex top companies reduced by Rs 81,148 crore.

Market cap of Sensex top companies reduced by Rs 81,148 crore.

New Delhi : The market capitalization (market cap) of six of the top ten Sensex companies declined by Rs 81,148 crore last week. Reliance Industries suffered the most. Apart from this, the market capitalization of Tata Consultancy Services (TCS), HDFC Bank, HDFC, Kotak Mahindra Bank and ITC also declined. On the other hand, market valuation of Hindustan Unilever, ICICI Bank, Infosys and State Bank of India (SBI) increased.

The market capitalization of Reliance Industries declined by Rs 37,369.7 crore to Rs 9,64,639.40 crore during the week. HDFC Bank's market capitalization declined by Rs 18,257.4 crore to Rs 6,81,624.54 crore. Similarly, the market valuation of TCS declined by Rs 12,551.70 crore to Rs 8,19,745.96 crore. Kotak Mahindra Bank's market position declined by Rs 10,290.90 crore to Rs 3,14,164.59 crore. ITC's market valuation declined by Rs 2,150.95 crore to Rs 2,92,651.70 crore.

HDFC's market capitalization declined by Rs 527.35 crore to             Rs 4, 23,766.51 crore. In contrast to this trend, Infosys' market capitalization increased by Rs 6,430.54 crore to Rs 3,33,429.93 crore and SBI rose by Rs 5,399.39 crore to Rs 2,89,202.04 crore.

Hindustan Unilever's market capitalization increased by Rs 2,998.26 crore to Rs 4,48,776.36 crore. ICICI Bank's market valuation rose by Rs 1,978.04 crore to Rs 3,45,455.10 crore. Reliance Industries ranked first in the list of top ten companies. It was followed by TCS, HDFC Bank, Hindustan Unilever, HDFC, ICICI Bank, Infosys, Kotak Mahindra Bank, ITC and SBI respectively. Last week, the 30-share Sensex of the Bombay Stock Exchange lost 332.18 points or 0.79 per cent.

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