market capitalization In terms of valuation, the total valuation of eight of the top 10 companies in the country decreased by Rs 1,65,180.04 crore last week. During this period, private sector HDFC Bank and public sector State Bank of India (SBI) suffered the most losses. Last week, BSE Sensex fell by 1,906.01 points or 2.39 per cent. The stock markets were closed on Friday on the occasion of Guru Nanak Jayanti. SBI's valuation has declined by Rs 34,984.51 crore to Rs 7,17,584.07 crore.
Reliance's mcap reduced by Rs 22,057 crore
Hindustan Unilever's valuation declined by Rs 27,830.91 crore to Rs 5,61,329.10 crore and Reliance Industries' valuation declined by Rs 22,057.77 crore to Rs 17,15,498.91 crore. The market capitalization (mcap) of ITC declined by Rs 15,449.47 crore to Rs 5,82,764.02 crore and that of Bharti Airtel declined by Rs 11,215.87 crore to Rs 8,82,808.73 crore.
TCS profit of Rs 416 crore
The valuation of Life Insurance Corporation of India (LIC) declined by Rs 4,079.62 crore to Rs 5,74,499.54 crore and that of ICICI Bank declined by Rs 2,832.38 crore to Rs 8,85,599.68 crore. However, the market capitalization of Infosys increased by Rs 13,681.37 crore to Rs 7,73,962.50 crore. Besides, Tata Consultancy Services (TCS) mcap rose by Rs 416.08 crore to Rs 15,00,113.36 crore.
Here are the top-10 companies
Reliance Industries remained the most valued domestic company, followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, State Bank of India, ITC, LIC and Hindustan Unilever.
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