stock market in the country (Stock Market) It’s shaken these days. Although the fall in the market has affected all the companies, but if we look at the figures of the top-10 companies of the country, the past week has been bad for them. Top-10 companies of Sensex according to market capitalization (Top-10 MCap Companies) Of these, 9 have faced losses, and the total shortfall is Rs 1,87,808.26 crore.
The decline in mcap is recorded due to the decrease in the share value of the companies. In such a situation, the fall in the value of the share is actually a loss of value to the shareholders. 30 stocks of BSE last week Sensex Came down 1,538.64 points or 2.52 percent. While the National Stock Exchange Nifty 50 A decline of more than 450 points i.e. almost 2.61 per cent has also been registered.
Only ITC shareholders benefited
Although the market was in a declining trend, but a jump was seen in the share price of ITC. In this way the market capitalization of the company (MCap) With a jump of Rs 2,143.73 crore, it reached Rs 4,77,910.85 crore. That is, there has been a profit of so many crores in the share value of the shareholders of the company.
Reliance, HDFC Bank in the biggest loss
HDFC Bank and Reliance shareholders were the biggest losers during the week. The mcap of HDFC Bank declined by Rs 37,848.16 crore to Rs 8,86,070.99 crore. While the mcap of Reliance Industries declined by Rs 36,567.46 crore. It remained at Rs 16,14,109.66 crore.
These companies also took a lot of loss
Tata Consultancy Services (TCS) The market capitalization of HDFC declined by Rs 36,444.15 crore to Rs 12,44,095.76 crore and that of HDFC declined by Rs 20,871.15 crore to Rs 4,71,365.94 crore.
The mcap of ICICI Bank declined by Rs 15,765.56 crore to Rs 5,86,154.58 crore. On the other hand, the mcap of Infosys decreased by Rs 13,465.86 crore and came down to Rs 6,52,862.70 crore.
The market capitalization of Bharti Airtel declined by Rs 10,729.2 crore to Rs 4,22,034.05 crore. state Bank of India (SBI) Its mcap came down to Rs 4,64,927.66 crore with a loss of Rs 8,879.98 crore. Hindustan Unilever’s market cap declined by Rs 7,236.74 crore to Rs 5,83,697.21 crore.
What happened to the stock market?
There is concern in the stock market that due to inflation, the US central bank may increase interest rates further. Apart from this, the withdrawal of foreign funds has also affected the market sentiment. FPI ie Foreign Portfolio Investors have withdrawn about Rs 2300 crore in the month of February. This is expected to decide the course of the market in the coming week.
Reliance Industries retained the first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, Infosys, ICICI Bank, Hindustan Unilever, ITC, HDFC, SBI and Bharti Airtel respectively.
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