Last week, Tata Consultancy Services (TCS) was the biggest loser in the market for some reason. It lost ₹53,185.89 crore and its valuation dropped to ₹13,69,717.48 crore. This led to a cumulative decline of ₹1,65,784.9 crore in eight of the top ten most valued companies in India amid bearish sentiment in equity markets.
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And brand companies also faced huge losses
- Bharti Airtel: Market cap declined by ₹44,407.77 crore to ₹9,34,223.77 crore
- ICICI Bank: Valuation fell by ₹18,235.45 crore to ₹8,70,579.68 crore
- Hindustan Unilever: Lost ₹17,962.62 crore, bringing its market cap to ₹5,26,684.38 crore.
- Infosys: Experienced an erosion of ₹17,086.61 crore, reducing its valuation to ₹7,53,700.15 crore.
- ITC: Market cap declined by ₹11,949.42 crore to ₹5,01,750.43 crore
- HDFC Bank: Valuation diminished by ₹2,555.53 crore to ₹12,94,152.82 crore
- State Bank of India (SBI): Saw a reduction of ₹401.61 crore, with its valuation now at ₹6,43,955.96 crore.
On the date, the market capitalisation of Reliance Industries increased by ₹14,547.3 crore to ₹16,61,369.42 crore, while that of Bajaj Finance rose by ₹384.33 crore to ₹5,20,466.75 crore.
DIGI MARCH STORE PRINT ON DEMAND
