Share Market Updates: 8 best companies of the country have collected 1 lakh crore, Infosys at the top! –

Share Market News: Last week, 8 of the country’s first 10 ‘most valued’ or the most expensive companies have been listed on the stock market. Collectively, their losses stood at around Rs 1 lakh crore. These 10 companies include IT companies as well as private sector banks. IT giants Infosys, Tata Consultancy Services and HDFC Bank were the worst affected. The Sensex lost 940.37 points or 1.55 per cent last week.

Only Hindustan Unilever and Life Insurance Corporation of India (LIC) are the 8 midcap companies facing losses. Infosys has suffered the most in terms of market valuation. The company’s market valuation fell to ₹25,185.37 crore from ₹6,09,687.79 crore. Which is the highest in terms of losses among 10 midcap companies. HDFC Bank’s market valuation fell to ₹18,375.41 crore from ₹8,89,130 ​​crore.

Similarly Tata Consultancy Services (TCS) market valuation has also declined. The company’s market valuation fell to ₹17,289.02 crore from ₹11,75,287.30 crore. ICICI Bank’s decline stood at ₹14,447.69 crore. Earlier it was ₹6,07,140.65 crore. State Bank of India’s market valuation declined to ₹11,245.01 crore. Earlier it was ₹5,36,012.18 crore. Similarly, market valuations of HDFC and Reliance Industries Limited also fell.

HDFC’s valuation fell to ₹7,419.45 crore from ₹4,74,018.02 crore. Reliance Industries Limited declined by ₹7,408.2 crore. Earlier it was ₹17,16,571.25 crore. Bharti Airtel’s market cap has also declined. It has decreased to ₹5,621.27 crore. Whereas earlier it was ₹4,43,356.45 crore. But there are 2 companies with exceptions. They are LIC and Hindustan Unilever.

LIC added ₹14,105.09 crore in terms of market cap. This brings the total valuation of the company to ₹4,47,114.09 crore. Hindustan Unilever’s market cap has also increased. The company further increased by ₹4,053.05 crore. As a result, the company’s current market cap stands at ₹6,05,489.67 crore.

Incidentally, among these 10 companies, Reliance Industries is at the top in terms of market value. It is followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, State Bank of India, HDFC, LIC and Bharti Airtel respectively.

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