Top 10 Biggest Companies In India Lost Nearly Rs 4 Trillion Last Week

Share Market Information | New Delhi: Final week was the worst week for Indian share traders in over two years. Sensex, BSE’s benchmark index, fell over 5 per cent. So did Nifty50, NSE’s benchmark index. The market valuation of the top-10 most valued companies plunged by a whopping Rs 3.91 lakh crore (practically Rs 4 trillion) final week. TCS and Reliance Industries took the most important hit. The market witnessed a steep sell-off by the traders.Additionally Learn – Crypto Carnage: Traders Lose Thousands and thousands As Bitcoin Falls Over 70 Per Cent From Peak In November 2021

Share Market Final Week

Markets have been extraordinarily bearish of late amid fee hikes by international central banks, unrelenting overseas fund outflows and bounce in crude oil costs. The market valuation of the ten most valued home companies eroded by Rs 3,91,620.01 crore final week. Additionally Learn – Indian Share Market Witnesses Worst Week In Over Two Years; Sensex, Nifty Finish Flat

Fall in m-cap: Full listing right here

1. Tata Consultancy Companies (TCS) was the highest loser, as its market valuation tumbled Rs 1,01,026.4 crore to face at Rs 11,30,372.45 crore.
2. The market capitalisation (mcap) of Reliance Industries Ltd (RIL) tanked Rs 84,352.76 crore to achieve Rs 17,51,686.52 crore.
3. The valuation of Infosys eroded by Rs 37,656.62 crore to Rs 5,83,846.01 crore
4. Market cap of Life Insurance coverage Company (LIC) plunged by Rs 34,787.49 crore to Rs 4,14,097.60 crore.
5. HDFC Financial institution’s market valuation fell by Rs 33,507.66 crore to Rs 7,16,373.13 crore
6. HDFC market cap dived Rs 22,977.51 crore to Rs 3,72,442.63 crore.
7. ICICI Financial institution’s mcap declined by Rs 22,203.69 crore to Rs 4,78,540.58 crore
8. Hindustan Unilever (HUL) went decrease by Rs 20,535.43 crore to Rs 4,96,351.15 crore.
9. The mcap of State Financial institution of India (SBI) dipped by Rs 18,563.19 crore to Rs 3,93,575.37 crore
10. Market cap of Bharti Airtel fell by Rs 16,009.26 crore to Rs 3,53,604.18 crore.

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