Tuesday, December 5th, 2023

TCS-Infosys and Reliance defrauded investors, SBI, ICICI Bank filled the bag


Photo:FILE market cap)

Sensex The market capitalization (market cap) of five of the top 10 companies of India declined by Rs 62,586.88 crore last week. The biggest losers were information technology sector companies Tata Consultancy Services (TCS) and Infosys. Last week, the 30-share BSE Sensex lost 180.74 points or 0.27 percent. Whereas the National Stock Exchange’s Nifty fell by 35.95 points or 0.18 percent. In the week under review, the market capitalization of TCS declined by Rs 26,308.58 crore to Rs 12,91,919.56 crore. Infosys’ market valuation declined by Rs 25,296.43 crore to Rs 5,95,597.10 crore. The market capitalization of Reliance Industries declined by Rs 5,108.05 crore to Rs 15,87,553.37 crore. Due to this, investors investing in the stocks of these companies had to suffer huge losses.

These companies also gave a shock

Whereas the market valuation of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore. HDFC Bank’s market capitalization suffered a loss of Rs 2,008.74 crore and stood at Rs 11,57,145.86 crore. Contrary to this trend, the market value of Bajaj Finance increased by Rs 20,413.41 crore to Rs 4,73,186.41 crore. Bharti Airtel’s market capitalization increased by Rs 8,520.13 crore to reach Rs 5,19,279.14 crore. ITC’s market cap increased by Rs 1,526.52 crore to Rs 5,54,207.44 crore.

ICICI Bank’s capitalization increased

The market capitalization of ICICI Bank jumped by Rs 1,296.63 crore and reached Rs 6,66,728.97 crore. The market capitalization of State Bank of India (SBI) increased by Rs 535.48 crore to Rs 5,34,316.52 crore. Reliance Industries remained at first position in the list of top 10 companies. It was followed by TCS, HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever, ITC, SBI, Bharti Airtel and Bajaj Finance respectively.

READ ALSO  Mumbai local update: Local trains in Mumbai will not run on this route between 2nd and 3rd December, know the reason

Latest Business News



Whatsapp GroupJoin
Telegram channelJoin

Jack Ma-China is not even aware of Pakistan’s secret visit, does this secret visit have a connection with Nepal?

Photo: File Jack Ma The famous businessman Jack Ma’s visit to Pakistan, who has been in exile for the last three years after messing with the Chinese government, has shocked the world. Pakistan itself...

Have you also been embarrassed by the ‘delete for me’ affair on WhatsApp groups? Now this new feature will give relief

Photo: File WhatsApp WhatsApp Has brought a great feature for its users. This ‘Accidental Delay’ feature will save the user from embarrassment on group chats. Often in a hurry, people type messages on the...

Jio vs Airtel: Sunil Bharti Mittal told how Airtel was saved from Jio’s tsunami

New Delhi: Mukesh Ambani’s company Reliance Jio made a big entry in the telecom sector in the year 2016. Due to this, the sack bed of many companies was closed and many companies are...