Saturday, May 28, 2022

Sensex Top 8 Companies Market Cap Below Reliance Market Cap Infosys TCS HDFC Bank

Sensex market cap: The stock market continues to decline. The market remained at the red mark in the last trading week due to the sale of APPI. Meanwhile, the market cap of the top eight companies in the Sensex fell sharply. Leading Sensex companies lost Rs 2,48,372.97 crore last week. Meanwhile, Reliance Industries suffered the most.

Which companies suffered losses?
Last week, the BSE 30-share Sensex had lost 2,041.96 points, or 3.72 per cent. The market cap of Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, Infosys, ICICI Bank, State Bank of India (SBI), HDFC and Bharti Airtel have come down this week. At the same time, the market cap of Hindustan Unilever and Kotak Mahindra Bank has increased during this period.

Reliance and SBI’s market cap fell
Reliance Industries’ market cap fell by Rs 1,30,627.7 crore to Rs 16,42,568.98 crore this week. Besides, SBI’s market cap fell by Rs 35,073.72 crore. After the fall, SBI’s mcap stood at Rs 3,97,189.84 crore.

ICICI Bank and Infosys also suffered losses
ICICI Bank’s market cap is Rs. 29,279.72 crore to Rs. 4,70,856.80 crore and the market cap of Infosys is Rs. 6,32,432.92 crore to Rs. 16,869.36 crore.

These companies were also hit
HDFC Bank’s market cap fell by Rs 14,427.28 crore to Rs 7,16,641.13 crore and Bharti Airtel’s by Rs 11,533.26 crore to Rs 3,78,620.36 crore. TCS has a market cap of Rs. 7,153.45 crore to Rs. 12,48,998.89 crore and the market cap of HDFC is Rs. 3,408.48 crore to Rs. 3,86,636.58 crores.

HUL and Kotak Bank benefited
Against this trend, the market position of Hindustan Unilever (HUL) increased by Rs 10,514.42 crore to Rs 5,15,582.56 crore. Besides, Kotak Mahindra Bank’s market capitalization rose by Rs 1,231.33 crore to Rs 3,53,200.33 crore.

Reliance topped the top-10
If we talk about the list of top-10 companies, Reliance Industries tops the list. It was followed by TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, SBI, HDFC, Bharti Airtel and Kotak Mahindra Bank.

Also read:
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