Top News

The market cap of five of the top 10 companies in India has declined by Rs 1 lakh crore. The reason for this was selling in the domestic stock market. Last week, Sensex fell 489.92 points or 0.62 percent to 78,009.25 and Nifty fell 204.65 points or 0.83 percent to 24,366.00.

Among the top 10, Tata Group's IT company Tata Consultancy Services (TCS) has suffered the most loss. Its market cap has decreased by Rs 34,263.28 crore to Rs 8.53 lakh crore.

There has also been a decline in the market cap of Reliance Industries during this period, which has decreased by Rs 31,869.13 crore to Rs 17.70 lakh crore. The market cap of State Bank of India (SBI) has decreased by Rs 25,891.88 crore during this period to Rs 9.86 lakh crore.

The market cap of HDFC Bank was down by Rs 7,165.37 crore to Rs 11.21 lakh crore. The value of ICICI Bank has reduced by Rs 2,792.65 crore to Rs 10.18 lakh crore.

Apart from this, the market cap of five of the top 10 companies has increased by about Rs 55,149.45 crore. Life Insurance Corporation of India (LIC) was among the companies with the highest growth. Its market valuation increased by Rs 26,438.49 crore to Rs 5.23 lakh crore.

Bharti Airtel also registered good growth. Its valuation increased by Rs 20,592.13 crore and reached Rs 12.43 lakh crore.

Bajaj Finance's market capitalization rose by Rs 3,548.79 crore to Rs 6.77 lakh crore, while Larsen & Toubro's valuation increased by Rs 2,490.66 crore to Rs 5.59 lakh crore. The market value of Hindustan Unilever increased by Rs 2,079.38 crore to Rs 4.91 lakh crore.

At the end of the week, Reliance Industries remained India's most valued company. This was followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.