The last few trading days have been very bad for the stock market. This can be gauged from the fact that there has been a huge drop in the market value of 9 of the top 10 Sensex companies. These include names ranging from Mukesh Ambani’s Reliance to Tata Group’s TCS, but amid the tsunami in the stock market, only HDFC Bank was the only company in which investors made money in just 5 days.
Dispersed market 8 out of 10 days
The stock market movement has greatly surprised investors in the last 10 trading days. In 8 of these sessions, the market suddenly dropped after a good start and then closed with a big drop. Meanwhile, the BSE Sensex fell by 1,822.46 points or 2.24 per cent last week. Meanwhile, the market capitalization of 9 of the top 10 Sensex companies declined by Rs 2.09 lakh crore. Among them, Hindustan Unilever Limited (HUL) and Reliance Industries were the biggest losers.
HDFC Bank investors rejoice
Last week, HDFC Bank, the country’s largest private sector bank, was the only name included among the top 10 companies on Sensex, whose investors made huge profits. In the last five business days, the market value of HDFC Bank jumped to the level of Rs 13,29,739.43 crore. Amid this boom, investors who invested in banking stocks printed Rs 46,891.13 crore. On Friday, the last trading day of the week, HDFC Bank Share closed at Rs 1,745.80.
HUL-Reliance faces huge losses
Now let’s talk about the companies that caused the biggest losses to investors, in this matter Hindustan Unilever Limited was at the forefront. HUL’s market capitalization decreased by Rs 44,195.81 crore to Rs 5,93,870.94 crore. Meanwhile, Mukesh Ambani’s Reliance also suffered losses with Reliance MCap falling by Rs 41,994.54 crore. After this, the market value of the company fell to Rs 17,96,726.60 crore.
These big companies also lost money.
| company | Decrease in market capitalization (in millions of rupees) | Market capitalization (in millions of rupees) |
| HUL | 44,195Cr | 5,93,870.94Cr |
| RIL | 41,994Cr | 17,96,726,60Cr |
| SBI | 35,117Cr | 6,96,655.84Cr |
| B.Airtel | 24,108Cr | Rs 9,47,598.89 |
| TCS | 23,137Cr | 14,68,183,73Cr |
| LIC | 19,797Cr | 5,71,621.67Cr |
| infosys | 10,629Cr | 7,69,496.61Cr |
| TIC | 5,690Cr | 6,02,991.33Cr |
| ICICI | 5,280Cr | 8,84,911.27Cr |
Reliance’s control over No. 1 continues
Although the market capitalization of Mukesh Ambani-led Reliance Industries declined last week, RIL continues to dominate the No. 1 position in the list of the country’s most valuable companies. After this, the names of TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, SBI, ITC, HUL and LIC are included respectively based on their market value.
(Note: Before making any kind of investment in the stock market, definitely consult your market experts.)
