new Delhi. The stock market saw a decline of around 3 per cent in the last week. Due to this, the loss of more than one lakh crore rupees in the market cap of 8 of the top ten companies in the market. ICICI and Reliance Industries suffered the most losses. On the other hand, there were two companies which were profitable. The rise in the shares of Tatar Consultancy Services and HDFC Bank saw a rise in their market cap. Let us also tell you how much decline was seen in the market cap of those eight companies.
Reliance and ICICI suffer the most
In the past week, the market cap of the top eight companies of the top 10 companies of the Bombay Stock Exchange has seen a total decline of Rs 1,11,799.05 crore. ICICI Bank’s market has fallen by Rs 25,476.75 crore this week. After which the market cap of the company has reached Rs 2,57,073.30 crore. On the other hand, the market cap of Reliance Industries has reduced by Rs 24,216.53 crore. After which the market cap of the company has increased to Rs 13,16,947.89 crore.
These companies also reduced market cap
|company||Fall in market cap (in crore rupees)||Total market cap (in crore rupees)|
|Kotak Mahindra Bank||17,642.8||2,72,815.29|
Market growth of companies
On the other hand, two companies have also seen an increase in the market. First of all, if you talk about the country’s largest IT company Tata Consultancy, then the market cap has seen an increase of Rs 19,756.31 crore last week. After which the company market cap has increased to Rs 8,59,202.29 crore. On the other hand, HDFC Bank’s market cap has seen an increase of Rs 2,641.5 crore. After which the company market cap has increased to Rs 6,16,240.17 crore.